Bankruptcy Services of Collins Barrow Limited - for Calgary and Edmonton, Alberta

Author:		Frank P
Date:		May 14, 1999
Question:		I owe $72,000 to unsecured creditors. I have a very good job in the banking business. Can I lose my job if I can make a proposal to my creditors? Some people say I can no longer be bondable. Need advice and need to breathe. Thank you. I live in NB if it makes any difference.


From:		Shane Brenneis, Collins Barrow Limited
Date:		May 18, 1999
Answer:		Whether bankruptcy affects your employment will depend on your employer and their policies. There is nothing in the Bankruptcy Act that will affect you. As far as I am aware, you are still bondable if you file bankruptcy. You should contact a Trustee in your area to attend a free assessment of your financial situation. Shane Brenneis (403) 298-1575 sbrenneis@collinsbarrow.com