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When Filing For Bankruptcy In
This received a 27/28 in my OAC law class so, have a blast.....
CANADA
The law sometimes seems to pervade all aspects of our
lives and an involvement with bankruptcy and insolvency
law has proved to be almost unavoidable for business
people in Canada during the 1990’s. In simplest term, corporate and individual bankruptcy law provides a set of rules to prevent chaos among the creditors of an insolvent corporation or individual.
The legislation is a complex in part because those creditors fall into so many categories-secured creditors, unsecured creditors, government creditors, and so on-each with its own special righ ....
Word count: 1879 - Page count: 7
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