Can anyone declare Bankruptcy? October 12, 2012 9:59 pm Published by admin Anyone who is insolvent and resides in Canada, or owns property in Canada, can declare bankruptcy in Canada. Recent Posts Putting Yourself in Debt by Saving for a Down Payment in Victoria Free Yourself from Financial Debts. Canadian Consumer Debt: at an All-Time High Canadian Insolvencies Have Hit a 20-year Low Bankruptcy Discharge Handbook