Search site             Home line  About us line  Contact us line  Ask an expert   line  Forms line  Corporate recovery      

Alger Bankruptcy Services

Same team, new name

Alger & Associates personal bankruptcy services are
now provided by
Grant Thornton Alger Inc.

Receive a callback from one of our bankruptcy and debt help experts


Edmonton, Calgary bankruptcy Q&A forum



Paul K



I understand that in Canada a bankrupt person cannot be the director of a corporation. Does this same rule apply if the bankrupt is a US Citizen and filed bankruptcy in the US? Must he resign as director of the Canadian corporation?



Alger & Associates Inc.



Aug 12, 2013



Paul The restriction on acting as a Director is contained in the Federal and Provincial Business Corporations legislation, not the Bankruptcy and Insolvency Act. A US citizen who has filed bankruptcy in the US, would likely be caught by these provisions. Out of an abundance of caution I suggest you contact either the Director of Corporations in the relevant Province and also the Federal Director to seek a definitive response or obtain a legal opinion on your capacity to act. Thanks for the question

Marie Kozlowski
T 403-296-3082


For Alberta Bankruptcy help, call TOLL FREE from anywhere in Alberta: 310-8888
We're here until 9 PM weekdays and 9 AM to 4 PM on Saturday to take your call



All locations

© 2011 Grant Thornton Alger Inc. • All rights reserved

back to Bankruptcy Alberta home

Confidential callback from a bankruptcy professional

Please call me

As soon as possible
Today at
Next business day at

My Phone # 


Ask for