Assessment Interview: Canada Debt .ca defines Assessment Interview

Bankruptcy Term Assessment Interview

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Canada Debt has the definition to the bankruptcy and debt term Assessment Interview. Finding answers to terms such as Assessment Interview can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Assessment Interview in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Assessment Interview' is used as follows:

An interview conducted by a trustee or an administrator of a consumer proposal before a bankruptcy or a consumer proposal is made. Its purpose is to evaluate the debtor's financial situation, explain the options available and discuss the merits and the consequences of the debtor's choice.