Where can I open a business account after a bankruptcy discharge of 3 years? I have started a new business. I went to the bank to open a business account after a personal bankruptcy; and I was declined. I have been post-bankrupt for 3 years.
I looked online and could not find any information on this matter.
A Canadian bank cannot refuse you services simply because you were in bankruptcy. If you are refused a business acount because of your bankruptcy the bank will be committing a crime.
Please have a look at the article below for details on this:
Earl Sands, LIT