Sentences with phrase «under the bankruptcy act»

If you can not access the options under the Bankruptcy Act, then you have a few choices.

An excerpt taken from sub-section (b) of the code states this in relation to private employment: «No private employer may terminate the employment of, or discriminate with respect to employment against, an individual who is or has been a debtor under this title, a debtor or bankrupt under the Bankruptcy Act...»

Sub-section (b) of the code states this in relation to private employment: «No private employer may terminate the employment of, or discriminate with respect to employment against, an individual who is or has been a debtor under this title, a debtor or bankrupt under the Bankruptcy Act, or an individual associated with such debtor or bankrupt, solely because such debtor or bankrupt

An excerpt taken from sub-section (a) of the code states this in relation to a governmental unit: «a governmental unit may not... deny employment to, terminate the employment of, or discriminate with respect to employment against, a person that is or has been a debtor under this title or a bankrupt or a debtor under the Bankruptcy Act...»

Basically, the law states neither government or private units can discriminate against anyone who has filed a bankruptcy or been a debtor under Title 11 or under the Bankruptcy Act.

(1) is or has been a debtor under this title or a debtor or bankrupt under the Bankruptcy Act; (2) has been insolvent before the commencement of a case under this title or during the case but before the grant or denial of a discharge; or (3) has not paid a debt that is dischargeable in a case under this title or that was discharged under the Bankruptcy Act.

Scott Terrio: Right, so a consumer proposal is a legal alternative to bankruptcy, that's usually my catch, you know, answer and, you know, it's under the bankruptcy act but it's not bankruptcy.

To illustrate the principle, the Court cited (at para 42) the Saskatchewan Court of Appeal decision in R v Staranchuk, 3 DLR (4th) 574, 1983 CanLII 2402 (SK CA), where the Court permitted the use of prior false, sworn statements to incriminate the accused pursuant to an offence under the Bankruptcy Act.

(c) before that application is finally determined, becomes a party to a proceeding before the Federal Court or the Federal Circuit Court of Australia under the Bankruptcy Act 1966 that relates to:

Not exact matches

The CHOICE Act would also roll back SIFI criteria for what are termed «living wills» — essentially these are liquidation resolution plans under bankruptcy laws to be implemented if things go to heck in a hand basket.

In December, 2014, a subsidiary of the Onni Group acquired the former Capital City Centre development located in Colwood, B.C. from the League Group through a court - approved Restructuring Agreement under that Companies» Creditors Arrangement Act and Bankruptcy and Insolvency Act...

He urged his colleagues in Congress to pass the Puerto Rico Chapter 9 Uniformity Act (H.R. 870) which will provide the island's government with the tools needed to restructure parts of its debt under federal bankruptcy law.

The data - collected from 171 out of 370 councils by the Liberal Democrats under the Freedom of Information Act - has led the party to call on local authorities to step back from unnecessarily forcing people into bankruptcy.

The district, located in the heart of Silicon Valley's seemingly affluent electronics center, had filed for bankruptcy last May under Chapter 9 of the U.S. Bankruptcy Act, stating that it could not pay $ 10 million in salary raises it had agreed to in three - year contracts signed two years ago with its two employbankruptcy last May under Chapter 9 of the U.S. Bankruptcy Act, stating that it could not pay $ 10 million in salary raises it had agreed to in three - year contracts signed two years ago with its two employBankruptcy Act, stating that it could not pay $ 10 million in salary raises it had agreed to in three - year contracts signed two years ago with its two employee unions.

The Department issued a notice on August 8, 2002, providing guidance for airlines and the traveling public regarding the obligation of airlines under section 145 of the Aviation and Transportation Security Act («Act») to transport passengers of airlines that have ceased operations due to insolvency or bankruptcy.

A consumer proposal is a legal proceeding under the Bankruptcy and Insolvency Act that provides a stay of proceedings that immediately stops all creditor actions including most wage garnishments and calls from creditors and collection agencies.

Filed under the Bankruptcy & Insolvency Act, a proposal is the only debt settlement program regulated by the federal government.

A consumer proposal is a legal consumer credit proposal filed under the Bankruptcy & Insolvency Act where you make an offer to your creditors to settle your debts for less than you owe.

Two possible student relief alternatives under the Bankruptcy and Insolvency Act include a consumer proposal or bBankruptcy and Insolvency Act include a consumer proposal or bankruptcybankruptcy.

A consumer proposal is an option under the Bankruptcy and Insolvency Act to settle your debts for less than you owe and still receive the creditor protection only available through a Licensed Insolvency Trustee.

In the context of proposals or bankruptcy, a creditor is a person having a claim provable under the Act.

Filed Under: Debt Management Tagged With: bankruptcy, bankruptcy abuse prevention and consumer protection act, bankruptcy alternatives, credit, debt, debt advisory, debt bankruptcy, debt repayment, debt settlement, Economics, finance, insolvency law, pay off debt

These 3 separate and individual notices sent to all the credit bureaus trigger the laws under the Fair Credit Report Act (FCRA) which then require communications to take place between the credit bureaus and your creditors to make sure all accounts are reporting a $ 0.00 balance and «included in bankruptcy.»

Licensed bankruptcy trustee Doug Hoyes, talks about why a consumer proposal is better than bankruptcy including what the key differences are between these two options available under the Bankruptcy and Insolvency Act bankruptcy trustee Doug Hoyes, talks about why a consumer proposal is better than bankruptcy including what the key differences are between these two options available under the Bankruptcy and Insolvency Act bankruptcy including what the key differences are between these two options available under the Bankruptcy and Insolvency Act Bankruptcy and Insolvency Act in Canada.

Both are legal proceedings under the Bankruptcy and Insolvency Act of Canada that give you legal protection from the people you owe money to.

During your bankruptcy, it is an offence under the Bankruptcy and Insolvency Act to obtain credit without disclosing the fact that you are an undischarged bankrupt or in a consumerbankruptcy, it is an offence under the Bankruptcy and Insolvency Act to obtain credit without disclosing the fact that you are an undischarged bankrupt or in a consumerBankruptcy and Insolvency Act to obtain credit without disclosing the fact that you are an undischarged bankrupt or in a consumer proposal.

Bankruptcy is a legal process under the Bankruptcy and Insolvency Act to eliminate overwhelming debt.

The legal process where an individual or business resident in Canada files for protection from their creditors under the Bankruptcy and Insolvency Act.

In Canada only a Licensed Insolvency Trustee can administer a consumer proposal, which is a procedure available under the Bankruptcy and Insolvency Act.

The Official Receiver is a federal government employee in the Office of the Superintendent of Bankruptcy and an officer of the court with specific duties under the Bankruptcy and Insolvency Act.

A legal agreement between a debtor and creditors to settle debts for less than the full amount owing filed under the Bankruptcy and Insolvency Act.

Nadia helps homeowners avoid foreclosure through all possible means, including pro bono consultations, loan modifications, bankruptcy, short sales and mediations conducted under the Foreclosure Fairness Act.

A consumer proposal is a formal debt settlement option available in Canada under the Bankruptcy and Insolvency Act and filed with a Licensed Insolvency Trustee.

Under the rules of the Bankruptcy & Insolvency Act you are required to remit to your trustee 50 % of your net income over a set minimum threshold.

Under the Bankruptcy & Insolvency Act, the federal legislation that governs the bankruptcy process, when you declare personal bankruptcy a Licensed Insolvency Trustee is Bankruptcy & Insolvency Act, the federal legislation that governs the bankruptcy process, when you declare personal bankruptcy a Licensed Insolvency Trustee is bankruptcy process, when you declare personal bankruptcy a Licensed Insolvency Trustee is bankruptcy a Licensed Insolvency Trustee is appointed.

Student debt relief under the Bankruptcy & Insolvency Act (BIA) is not an option for recent graduates due to legislative rules governing student debt.

A proposal, under the Bankruptcy and Insolvency Act (BIA), is a formal offer from you to your creditor.

As a legal proceeding under the Bankruptcy & Insolvency Act, filing a consumer proposal provides you with the same protections you would receive in a bankruptcy, without filing for bBankruptcy & Insolvency Act, filing a consumer proposal provides you with the same protections you would receive in a bankruptcy, without filing for bbankruptcy, without filing for bankruptcybankruptcy.

Student loans receive special treatment under the Bankruptcy and Insolvency Act in Canada.

Consumer Proposals under the Bankruptcy and Insolvency Act require payment toward your unsecured debts but not the full payment amount.

A consumer proposal is an option under the Bankruptcy and Insolvency Act to make a deal with your creditors to settle your debts for less than you owe.

Tax - free savings accounts may be the shiny new toy on the street and registered education savings plans come with that 20 per cent grant from Ottawa but those plans, along with Registered Disability Savings Plan, don't have the same protection as the 60 - year - old RRSP which is covered under Canada's Bankruptcy and Insolvency Act once you declare bBankruptcy and Insolvency Act once you declare bankruptcybankruptcy.

A legal process under the Bankruptcy and Insolvency Act, bankruptcy will stop collection calls and wage garBankruptcy and Insolvency Act, bankruptcy will stop collection calls and wage garbankruptcy will stop collection calls and wage garnishments.

As bankruptcy attorney Craig Andresen says, «For example, perhaps you were not an «eligible student» at the time the private student loan was made to you; or maybe the loan was not incurred to pay «qualified education expenses»; or perhaps the loan was not for attendance at an «eligible education institution» because the school was not accredited under Title IV of the Higher Education Act.

The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 that was legislated by Congress is the basis for means testing under current bankrBankruptcy Abuse Prevention and Consumer Protection Act of 2005 that was legislated by Congress is the basis for means testing under current bankruptcybankruptcy law.

For purposes of the means test, the U.S. Bankruptcy Code defines current monthly income as including: «any amount paid by any entity other than the debtor (or in a joint case the debtor and the debtor's spouse), on a regular basis for the household expenses of the debtor or the debtor's dependents (and in a joint case the debtor's spouse if not otherwise a dependent)...» Benefits received under the Social Security Act, payments to victims of war crimes or crimes against humanity on account of their status as victims of such crimes, and payments to victims of international terrorism or domestic terrorism on account of their status as victims of such terrorism are excluded from the means test.

Generally, under the Fair Credit Reporting Act, the consumer credit reporting agency is obligated to remove accurate, negative information from your report only if it is more than 7 years old and bankruptcy information can be reported for 10 years.

Under the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA), both Roth and traditional IRAs are protected up to $ 1 million combined, and this amount is adjusted for inflation every three years.

Consumer proposal administrators are licensed trustees, registered with the federal government under the Bankruptcy and Insolvency Act and as such fees paid to a trustee for administering a consumer proposal are set by legislation.

If your unsecured debts exceed this amount, talk to us about a Division I proposal which is also an option available to consumers under the Bankruptcy & Insolvency Act.