Sentences with phrase «order of discharge»

Fortunately for the bankrupt, the judge disagreed, and the bankrupt was granted an absolute order of discharge.
The plaintiff brought a motion to lift the stay and for declarations that the stay did not operate with respect to enforcement of judgment, that the judgment was an award of damages for bodily harm intentionally inflicted pursuant to s. 178 (1)(a. 1) of the BIA, and that the judgment survived bankruptcy and was not a debt released by order of discharge.
Ensure that the transporters take the cats in order of their discharge time.
If a bankrupt is not eligible for automatic discharge, the bankrupt can receive an Absolute Order of Discharge issued by the court once all duties are completed.
A successful bankruptcy case typically ends with the entry of an order of discharge.
In an ordinary chapter 7 proceeding the Bankruptcy Court will automatically grant an Order of Discharge 60 to 75 days after the First Meeting of Creditors.
60 days after your Meeting of Creditors, assuming there are no objections or issues that arise in your case, an Order of Discharge will be entered.
When you receive an Order of Discharge in bankruptcy, your creditors should mark those accounts that were discharged as «Included in Bankruptcy» and they will stay on your report for up to 7 years.
Therefore your student loan debt will survive the consumer proposal, and will not be released by an order of discharge.
Section Section 178 (1)(g) of the Bankruptcy & Insolvency Act states that an order of discharge does not release a bankrupt from: Any debt or obligation in respect of a loan made under the Canada Student Loans Act, the Canada Student Financial Assistance Act or any enactment of a province that provides for loans or guarantees of loans to students where the date of bankruptcy of the bankrupt occurred:
Finally, in a proposal there is no such thing as an «order of discharge».
Once you have completed your reorganization plan, the court will issue an order of discharge and close the case.
Once the 60 days pass with no objection, the clerk's office will issue an order of discharge and close the case.
The clerk of court will mail the debtor, his attorney and all creditors a copy of the Order of Discharge.
Section Section 178 (1)(g) of the Bankruptcy & Insolvency Act states that an order of discharge does not release a bankrupt from: Any... read more
An order of discharge from bankruptcy releases the bankrupt from all claims provable in bankruptcy.
Under most circumstances, an order of discharge releases a bankrupt person from all debts.
For example, an order of discharge does not release a bankrupt person from any debt arising from an award of damages by a court in civil proceedings stemming from «bodily harm intentionally inflicted, or sexual assault»:
For example, an order of discharge does not release a bankrupt person from any debt arising from an award of damages by a court in civil proceedings stemming from «bodily harm intentionally inflicted, or sexual assault»: Bankruptcy and Insolvency Act, RSC 1985, c B - 3 (the «BIA»), s. 178 (1)(a. 1)(i).
One final practical note: the proper procedure to recover a debt that is not released by an order of discharge is for the judgment creditor (i.e., the successful plaintiff) to bring an action in the ordinary civil courts (as opposed to Bankruptcy courts).
Section 178 (1)(a. 1) clearly and unambiguously exempts judgments based on «sexual assault» from the bankrupt's order of discharge.
* If the tax debtor / transferor goes bankrupt, the discharge from bankruptcy relieves that person from paying CRA the amount due but the order of discharge does not extinguish the debt and the transferee is still liable and must pay; in effect this gives CRA an additional means of collecting outstanding tax debt of the bankrupt outside the bankruptcy;
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