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Duties of bankrupt
Section 158 A bankrupt shall (a) make discovery of and deliver all his property that is under his possession or control to the trustee or to any person authorized by the trustee to take possession of it or any part thereof; (a.1) in...
(FRENCH ONLY) Le déroulement de la faillite
La première étape consiste donc en une évaluation qui doit être complétée par un syndic. L'évaluation consiste en une entrevue visant à évaluer la situation financière de la personne en dressant un bilan et un budget de ses revenus...
What you Should know
Administrator of consumer proposals An administrator of consumer proposals is a trustee in bankruptcy or a person appointed by the Superintendent of Bankruptcy. Saskatchewan (1-306-933-6520) and Nova Scotia (1-902-424-7020) provide...
(FRENCH ONLY) La consolidation de dettes
La consolidation de dettes consiste à emprunter une somme d'argent pour rembourser la totalité des dettes. Elle entraîne une diminution des versements mensuels nécessaires au remboursement des dettes grâce à une nouvelle date d'échéance,...
Consumer Proposal
What is a consumer proposal? A consumer proposal is an offer made by a debtor to his or her creditors to modify his or her obligations to them. For example, you may propose to your creditors that you will pay a lower amount each...
Bankruptcy
What is bankruptcy and what are the benefits to the debtor? Bankruptcy is a legal process, regulated by the Act, by which you may be discharged from most of your debts. The purpose of the Act is to permit an honest, but unfortunate,...
Dealing with Debt
Many Canadians will face a financial crisis at some time. Many debt problems are easy to solve. Others need professional assistance. The best way to deal with your financial problems is to admit them and get control before they get...
(FRENCH ONLY) Le dépôt volontaire
Le dépôt volontaire consiste à s'inscrire au greffe de la Cour du Québec du palais de Justice du district judiciaire où le débiteur habite. Ce dernier doit divulguer, entre autres, le nom et l'adresse de tous ses créanciers et le...
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