Litigation: Canada Debt .ca defines Litigation

Bankruptcy Term Litigation

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

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

A dispute that results in formal Court action or a law suit.