I would like to go bankrupt in Ontario, and am planning to Immigrate to Australia. If I file for bankruptcy NOW, will it affect my immigration application in a few months? (Does the immigration department look into my credit report?) Should I wait to file bankruptcy until AFTER I receive my immigration acceptance? If it takes nine months to discharge me, I will already be in Australia. Does this pose a problem? (Am I required to be in Canada for the discharge?). Once I get to Australia, do I start fresh with a new identity there (meaning they will not see my canadian credit history)?
Today 07/30/2010
Bankruptcy Ontario: Free Information about Bankruptcy in Ontario
I do not know if the immigration department in Australia will examine your Canadian credit report. You would need to ask an expert in Australian Immigration.
The bigger issue is that if you move permanently to Australia, it is unlikely that any of your Canadian creditors will pursue you there, so it may not be necessary to go bankrupt.
There are a number of factors to consider, so I suggest you discuss this with an Ontario bankruptcy trustee before you make the final decision.