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  2. Consumer bankruptcy in Canada - Wikipedia

    en.wikipedia.org/wiki/Consumer_bankruptcy_in_Canada

    For the purposes of the BIA, it is important to be able to distinguish between legal definition of "insolvent person" and one of "bankrupt".Generally, an insolvent person is one who cannot pay his or her debts and may subsequently become bankrupt, either by assigning himself into bankruptcy, being petitioned into bankruptcy by the creditors, or being deemed to assign himself into bankruptcy by ...

  3. Bankruptcy and Insolvency Act - Wikipedia

    en.wikipedia.org/wiki/Bankruptcy_and_Insolvency_Act

    The Bankruptcy and Insolvency Act (BIA; French: Loi sur la faillite et l'insolvabilité) is one of the statutes that regulates the law on bankruptcy and insolvency in Canada. It governs bankruptcies, consumer and commercial proposals, and receiverships in Canada.

  4. Insolvency law of Canada - Wikipedia

    en.wikipedia.org/wiki/Insolvency_law_of_canada

    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 ...

  5. Should You Declare Bankruptcy? Here's How to Decide - AOL

    www.aol.com/declare-bankruptcy-heres-decide...

    Bankruptcy will whack your credit, but Chapter 7 may allow you to start rebuilding relatively quickly, while Chapter 13 will have longer-term effects. You could have a decent credit score (above ...

  6. Bankruptcy filings skyrocket: What you need to know if you ...

    www.aol.com/2010/04/13/options-to-explore-in...

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  7. List of defunct Canadian companies - Wikipedia

    en.wikipedia.org/wiki/List_of_defunct_Canadian...

    Aeropostale Canada – subsidiary of the United States-based retailer Aeropostale, closed all 41 stores in Canada in 2016; A&A Records – founded in Toronto at the end of WWII, it was the dominant record chain store in Canada until being superseded by Sam the Record Man in the 1960s; it became defunct in 1993

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