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student loans, where the date of bankruptcy occurred before the date on which the bankrupt ceased to be a full- or part-time student (as the case may be), or; within seven years after the date on which the bankrupt ceased to be a full- or part-time student; any accrued interest on any of the above [25]
The Parliament of Canada has exclusive jurisdiction to regulate matters relating to bankruptcy and insolvency, by virtue of Section 91(2) of the Constitution Act, 1867. It has passed the following statutes as a result: The Bankruptcy and Insolvency Act ("BIA") [1] The Companies' Creditors Arrangements Act ("CCAA") [2] The Farm Debt Mediation ...
The Ontario Court of Appeal has ruled that, in the case of a "requirement to pay" under the Income Tax Act (Canada) that was issued after a notice of application to appoint a receiver (but before the court heard the application), supported by an ex parte "jeopardy order" issued by the Federal Court of Canada under s. 225.1(1) of that Act, [70 ...
Rebuilding credit post-bankruptcy is quite doable with patience and the right steps. Read on for proven ways to start fresh and regain strong credit. How to Get Great Credit Again After a Bankruptcy
While it wipes out your old debt, bankruptcy stays on your credit report for seven to 10 years, hurting your long-term chances of qualifying for a mortgage or other credit. After bankruptcy, you ...
A credit builder loan is a product designed to help people re-establish credit after going through a significant event like bankruptcy. It lets you borrow a small amount of money and build credit ...
The process can offer bittersweet relief, but it can also tank your credit score by hundreds of points and stay on your record for a decade, according to the United States Bankruptcy Court.
The Ontario Court of Appeal has ruled that, in the case of a "requirement to pay" under the Income Tax Act (Canada) that was issued after a notice of application to appoint a receiver (but before the court heard the application), supported by an ex parte "jeopardy order" issued by the Federal Court of Canada under s. 225.1(1) of that Act, [60 ...