One Response to “is bankraputcy federal or provencial?”
A licensed trustee said...
The Bankruptcy and Insolvency Act is a federal law, but it call son certain provincial laws in its operation. For example, each province has something called the Executions Act which sets out which of the things that you own are protected if you file for bankruptcy.
The Bankruptcy and Insolvency Act is a federal law, but it call son certain provincial laws in its operation. For example, each province has something called the Executions Act which sets out which of the things that you own are protected if you file for bankruptcy.