Consolidation Order: Canada Debt .ca defines Consolidation Order

Bankruptcy Term Consolidation Order

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Canada Debt has the definition to the bankruptcy and debt term Consolidation Order. Finding answers to terms such as Consolidation Order 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. Consolidation Order in financial terms means...

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

Debt repayment that direct the amount and times when payments are due to the court. Payments are then distributed to your creditors. The interest rate is lowered to a rate set by the court