If you are a bankruptcy trustee and are interested in sponsoring this site, please call (519) 573-5929 or e-mail us for more information.
Can I open a new bank account while I am bankrupt in Quebec?
Yes. As a matter of fact, it is strongly
recommended that you open a new bank account before
going bankrupt in Quebec. Doing so will ensure
that none of your old creditors will attempt to take
money out of your account.
A bank cannot refuse to open a bank account for you (unless they feel the account will be used for illegal purposes).
Even with these rules, some banks
may be hesitant to allow you to open a new bank account
once you are bankrupt. Therefore, it is a good idea
to open a new bank account before you go bankrupt
in Quebec, which also gives you ample time to
have your payroll deposit and other items transferred
to your new account before the bankruptcy starts.
.gif){kind=spacer}
