Part 1: Chasing Debtors and Fraudsters: Avoiding the Pitfalls of a Potential Bankruptcy in Claims Involving Fraud

March 27, 2023


Debt collection can be a challenging exercise for a creditor, particularly where the debtor makes, or may make, an assignment in bankruptcy. Due to the application of the Bankruptcy and Insolvency Act (Canada) (the BIA), bankrupt debtors receive protection from creditors’ claims, with claims typically being extinguished upon a debtor’s discharge from bankruptcy.

This article was originally published by Law360 Canada, part of LexisNexis Canada Inc.