Date of the Initial Bankruptcy Event: Canada Debt .ca defines Date of the Initial Bankruptcy Event

Bankruptcy Term Date of the Initial Bankruptcy Event

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Canada Debt has the definition to the bankruptcy and debt term Date of the Initial Bankruptcy Event. Finding answers to terms such as Date of the Initial Bankruptcy Event 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. Date of the Initial Bankruptcy Event in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Date of the Initial Bankruptcy Event' is used as follows:

In respect of a person, it means the earliest of the date of filing or making;
an assignment into bankruptcy;
a proposal;
a Notice of Intention to Make a Proposal;
the first petition for a Receiving Order.