Tag Archives: Lawyer

Can a lawyer practice law while bankrupt?

Can A Bankrupt Lawyer Practice Law?

Yes, even lawyers can struggle with debt, and when they do their first question is often: How will a consumer proposal or assignment in bankruptcy affect my license with the Law Society of Upper Canada (the “LSUC”)? The short answer, is that the LSUC imposes no restrictions on debtors who file consumer proposals, while they impose a number of restrictions on debtors who make an assignment in bankruptcy. A member must notify the LSUC immediately upon making an assignment ...

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