Assignment into Bankruptcy: Canada Debt .ca defines Assignment into Bankruptcy

Bankruptcy Term Assignment into Bankruptcy

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Canada Debt has the definition to the bankruptcy and debt term Assignment into Bankruptcy. Finding answers to terms such as Assignment into Bankruptcy 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. Assignment into Bankruptcy in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Assignment into Bankruptcy' is used as follows:

The act of a person who places himself or his company into bankruptcy pursuant to the Bankruptcy and Insolvency Act.