Voluntary Deposits Scheme: Canada Debt .ca defines Voluntary Deposits Scheme

Bankruptcy Term Voluntary Deposits Scheme

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

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

For the residents of Québec, a proceeding where the debtor makes a monthly payment based on his income and number of dependents to the court who will distribute theses payments to the creditor.