The Provision of the Bankruptcy Legislation That Bars Graduates from Being
The provision of the bankruptcy legislation that bars graduates from being discharged from their student loans for a minimum seven years after graduation has recently been amended to reduce the period to a five-year minimum.
Bankruptcy offences are defined by the Bankruptcy and Insolvency Act and may be committed by debtors, creditors, and trustees.
Explain the criteria that must be met before a debtor will be recognized as insolvent under the Bankruptcy and Insolvency Act.
Identify the purposes that a proposal is intended to achieve.