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October 2016

For many Canadians the idea of filing for personal bankruptcy is very foreign. Not knowing how the process will affect your day-to-day life and employment is just one of the many reasons that the term “bankruptcy” can be so intimidating. Thankfully, the Bankruptcy and Insolvency Act rules were designed to provide Canadians coast to coast with the opportunity for a fresh start and debt protection all while allowing them to maintain a fair standard of living.

For the majority of situations, an employer will not be notified of an employee’s bankruptcy proceeding.