Bankruptcy Law Questions? Ask a Bankruptcy Lawyer Now.
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Question: “I reside in USA & I work and am paid in Canada, IN CANADIAN $. Can I elect to file bankruptcy in Canada, rather than USA?, note most of my real estate is in USA , AND DOES IT GIVE ME RELIEF IN USA AS WELL AS CANADA?”
Answer: Unfortunately, the answer is no. In order to be relieved of your debts in the US, you will need to file for bankruptcy under federal law in the US. This is especially true since your assets are in the US (as they can be seized by your creditors after a judgment in the US).
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