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Canadalaws Legal Lore - Weekly Canadian Legal Tip
November 18, 2008 - Updated weekly
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Under the amendments to the Bankruptcy and
Insolvency Act, which are expected to take effect in December 2008, a
consumer debtor can now be considered for filing a consumer proposal if
the individual's aggregate debts, excluding debts secured by the
individual's principal residence, are not more that $250,000. This is an
increase from $75,000. |
David J. Rotfleisch C.A., LL.B.
Providing all your business legal needs including:
Incorporations; Shareholder's Agreements; Partnership Agreements; Franchise Agreements;
Leases; Computer Agreements; Internet Agreements; Mergers and Acquisitions; Purchase and
Sale of Business; Wills and Estate Planning; Securities Law;
Rotfleisch & Samulovitch; Barristers
& Solicitors
121 Richmond St. W Suite 803,
Toronto, Ontario, M5H 2K1
416-367-4222 Fax 416-367-8649
Copyright ©:1997-98-99-2000-01-02-03 Rotfleisch & Samulovitch ; Barristers and
Solicitors
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