Question: Should I go bankrupt in Regina, Saskatchewan now while I am unemployed, or should I wait until I am working?
Answer: The answer depends on your objectives. The purpose of personal bankruptcy in Canada for most people is to discharge their debts, but also to prevent the people they owe money to from garnisheeing their wages.
If you are not working, you have no wages to garnishee, so it may not be necessary to file bankruptcy until you return to work. However, if you want to start the bankruptcy process now, it is possible to do so even though you are not working, which may help you get a fresh start.
