Locality of Debtor: Canada Debt .ca defines Locality of Debtor

Bankruptcy Term Locality of Debtor

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

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

Means the principal place during the year immediately preceding the bankruptcy where the debtor has carried on business or where the debtor has resided, or where the greater portion of the property of the debtor is situated.