IMMIGRATION

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Over the years we have helped thousands of people solve their money problems. No matter how bad your situation, we can help.

BANKRUPTCY AND IMMIGRATION

Licensed Insolvency trustees are not immigration specialists, so if you are concerned about how bankruptcy will affect your eligibility to immigrate to Canada, or your ability to sponsor someone else to immigrate, you should check with the Government of Canada’s Immigration & Citizenship department.

HOW BANKRUPTCY AFFECTS YOUR ABILITY TO SPONSOR NEW IMMIGRANTS

Bankruptcy will affect your ability to sponsor eligible relatives who want to immigrate to Canada. You will not be eligible to sponsor anyone if you have declared bankruptcy and have yet to be discharged. These restrictions do not pertain to anyone filing a consumer proposal; however, if you have been released from bankruptcy, which usually takes from 9 to 36 months, you must make sure you meet the other financial conditions for sponsoring new immigrants.

Everyone must complete a financial evaluation form before sponsoring a new immigrant. This evaluation will calculate the financial requirements you must meet, which include a minimum necessary income. The financial evaluation covers your financial situation for the 12 months preceding the date of your application. The financial situation of your spouse or common-law partner will also be taken into account in your evaluation.

HOW BANKRUPTCY AFFECTS YOUR CITIZENSHIP APPLICATION

If you are a Canadian resident, and have debts which you can’t pay, you are eligible to file for bankruptcy in Canada. This should not impact your own citizenship application.

HOW BANKRUPTCY AFFECTS YOUR ELIGIBILITY TO IMMIGRATE

If you are intending to immigrate to Canada, you could be denied a visa for financial reasons. These are defined as being unable or unwilling to support yourself or your family members. So long as you can support yourself and your family members, you will be eligible to immigrate even if you have declared bankruptcy in another country.

Testimonials
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Susan Banasco

Extremely professional service by Mr. Thatcher and his team. Mr. Thatcher and his team were always available and quick to answer any questions concerning bankruptcy. I would highly recommend this company to anyone that would require his services!

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Isabel K

I have worked with Kevin and his office for many years and would recommend his services to anyone who is having financial difficulties. He is very professional and has spent many years helping people get out of tough debt situation.

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Sara C

The staff at Kevin Thatcher & Associates are incredibly understanding, non-judgmental people who honestly advised me of all my options before I chose to go bankrupt. I was surprised at how easily they broke down the process for me step-by-step so I was able to meet all the requirements.

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John D

I just wanted to thank everyone at Kevin Thatcher and Associates for their help. I was at wit's end and couldn't cover most of my bills. I was afraid to answer the phone ever as it might be another collector calling! I was so depressed.

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Caroline C

I was looking for a bankruptcy firm and was recommended Kevin Thatcher and Associates. I initially spoke with his pleasant and knowledgable staff(Anna) over the phone. I was very impressed by her and her soft approach being in a difficult situation.

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Sean C

Very kind, caring and helpful group at Kevin Thatcher and Associates.

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Alan S

I was in a real bind with a lot of debt from credit cards and payday loans but I met with Kevin and his staff were very understanding of my difficulties paying. I paid for 21 months under these federal income rules, but was way cheaper than if I did nothing.

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Elizabeth E

Staff is extremely kind and knowledgeable! They took a stressful situation and made it more manageable, so thankful for their expertise.

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