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CIC News / 2001 / April / Q & A: Bankruptcy and Settlement Funds

Q & A: Bankruptcy and Settlement Funds

April 1, 2001 by wpengine

Q. My husband and I would like to immigrate to Canada. Unfortunately, my finances are a wreck and I may have to file for personal bankruptcy — will this impact on our chances to immigrate in five years?

Answer: Although bankruptcy is not a bar to Canadian immigration, it may be taken into account by an immigration official whose task is to determine if you are likely to successfully establish yourself in Canada. The circumstances of the bankruptcy would be relevant.

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Comments

  1. Javi says

    March 7, 2013

    Hi, my parent is going through a bankruptcy in the country outside of Canada. But I would like to sponsor him to become a resident. Will that be a problem?

    Reply

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