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Excerpts from the Bankruptcy and Insolvency Act - Canada
The law requires that any individual considering bankruptcy or a proposal must review certain sections of the bankruptcy and Insolvency Act. Those exceptions are provided below. One of the trustees or administrators at Alger & Associates Inc. would be happy to discuss or explain this information further to you.
Property of Bankrupty - Section 67(1)
Debts not released by Order of Discharge - Section 178
Bankruptcy Offences - Section 198
Failure to Disclose Fact of Being an Undischarged Bankrupt - Section 199
Bankruptcy Failing to Keep Proper Books of Account - Section 200
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