Joint Assignment: Canada Debt .ca defines Joint Assignment

Bankruptcy Term Joint Assignment

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

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

Paragraph 155(f) of the Act, provides that in circumstances specified in directives of the Superintendent, the estates of individuals who, because of their relationship, could be reasonably be dealt with as one estate may be dealt with as one estate.