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Difference between revisions of "Dealing with Debt (10:V)"
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→1. Consumer Proposal
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:'''NOTE:''' Due to COVID-19, the following relief measures are in place for consumer proposals: | :'''NOTE:''' Due to COVID-19, the following relief measures are in place for consumer proposals: | ||
*From March 13 to December 31, 2020, debtors are allowed to miss up to 3 additional proposal payments before the consumer proposal will be deemed annulled | :*From March 13 to December 31, 2020, debtors are allowed to miss up to 3 additional proposal payments before the consumer proposal will be deemed annulled | ||
*The time for holding meetings of creditors (ss 51, 66.15 and 102 of the BIA) and mediations (s 105 of the BIA) is extended by the time of the Suspension Period (April 27, 2020 to June 30, 2020, or 65 days) | :*The time for holding meetings of creditors (ss 51, 66.15 and 102 of the BIA) and mediations (s 105 of the BIA) is extended by the time of the Suspension Period (April 27, 2020 to June 30, 2020, or 65 days) | ||
*The Trustee’s obligation to apply to court for a hearing following a bankrupt’s failure to comply with a mediated surplus agreement under s 170.1(3) is extended by the time of the Suspension Period | :*The Trustee’s obligation to apply to court for a hearing following a bankrupt’s failure to comply with a mediated surplus agreement under s 170.1(3) is extended by the time of the Suspension Period | ||
=== 2. Personal Bankruptcy === | === 2. Personal Bankruptcy === | ||