There are some new laws that deal with bankruptcy that were passed in 2005. The change the way that one has to go about declaring bankruptcy and how it should be solved.
The last time there were major changes to the bankruptcy law was in 2005 with the passing of the Bankruptcy Abuse Prevention and Consumer Protection Act.
Late 2005
For the rules for bankruptcy in Canada you can check Wikipedia or Bankruptcy Canada. It is also a good idea to check with a debt solutions company or your accountant.
Joseph Patchan has written: 'Federal rules of bankruptcy' -- subject(s): Bankruptcy, Court rules
No. This is clearly stated in the bankruptcy rules.
If you are filing bankruptcy, you should have a bankruptcy lawyer onboard, and this is a question for him or her to deal with. You do not want to go through a bankruptcy on your own, especially as the bankruptcy rules have changed.
The federal government.
It depends on the type of proceeding. Need more information.
Under the new bankruptcy rules, this would be hard to impossible to do.
no they will not Yes. Each bank has its own rules but most will, unless of course they were listed on the bankruptcy
Several rules in the bankruptcy court
Several rules in the bankruptcy court
There are many laws surrounding mortgage bankruptcy in the US. Chapter 7 and 13 highlight these rules, when someone discharges from all their debt, or sets up a repayment plan.
No