This formality lets the receiving organization assess a risk or meet a regulatory obligation, relying on a declaration for which the declarant is personally accountable for telling the truth.
Who requires this kind of declaration?
A bankruptcy or no-bankruptcy declaration may be required by:
- an employer, particularly for a position of trust or in the financial sector;
- a financial institution or lender;
- a licensing organization;
- a client in the context of a bidding process.
What should the declaration contain?
Such a declaration generally specifies:
- the declarant's full identity;
- confirmation that no bankruptcy has been declared, or the details of a past bankruptcy (date, status — discharged or not);
- any ongoing insolvency proceedings, if applicable;
- a statement of the truthfulness of the information provided.
Does the declaration need to be sworn?
This depends on the organization requesting it. Some require a declaration under oath or a notarized declaration; others accept a simply signed statement. Always check the exact requirements that apply to your situation.
What happens if the declaration is false?
A false statement made under oath can have serious consequences — this formality exists precisely to hold the declarant accountable, rather than a plain, unsupervised statement.
Can it be sworn online?
Yes, when the document and situation are eligible for remote oath commissioning: the commissioner verifies your identity by videoconference and receives your declaration with no travel required.
Online oath commissioning in Québec: how does it work?
Assermentation Express
Assermentation Express is not a government website. This service does not determine whether your bankruptcy or no-bankruptcy declaration needs to be sworn — always check the exact requirements of the organization requesting it.