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Sydney, March 9th, 2017


Filing For Bankruptcy

To make an assignment in bankruptcy or a proposal, one must engage a professional bankruptcy trustee.
They are listed in the Yellow Pages and in the website of their professional organization.

The Canadian Association of Insolvency And Restructuring Professionals: WWW.CAIRP.CA >>

SERVICE NOVA SCOTIA >> also provides advice regarding Consumer Proposals.

THE BANKRUPTCY AND INSOLVENCY ACT >> sets out the rights and obligations of the various parties involved in bankruptcy or other insolvency proceedings. The Act also provides a system which enables debtors to make proposals to creditors to pay debts over time, usually at a reduced amount.