Bankruptcy and Insolvency Act: Canada Debt .ca defines Bankruptcy and Insolvency Act

Bankruptcy Term Bankruptcy and Insolvency Act

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

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

An Act Respecting Bankruptcy and Insolvency that sets out the law on bankruptcy in Canada, and applies to both businesses and individuals. The legislation includes the duties and powers of the Office of the Superintendent of Bankruptcy, a federal agency responsible for ensuring that bankruptcies are administered in a fair and orderly manner.