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Bankruptcy law in Canada (and generally elsewhere) is governed primarily by federal law and governs the process by which individuals and companies apply to court to be relieved of their debts (except for some debts, such as secured debts or those that have arisen through fraud). Bankruptcy can be voluntary (initiated by the person in debt) or involuntary (initiated by creditors of the debtor). In Canada, bankruptcy is governed primarily by the Bankruptcy and Insolvency Act, S.C. 1997, c. 12 and the Companies' Creditors Arrangement Act, 1985 R.S.C., c. C-36.
This government agency oversees the supervision of the administration of estates in bankruptcy, commercial reorganizations, consumer proposals and receiverships. Contains legislation, bankruptcy statistics, an insolvency name search (a database containing a record of all bankruptcies and proposals filed in Canada from 1978 to date) and other publications.
This site covers bankruptcy and insolvency (business or personal), including credit bureaus and debt collection. Provides links to other jurisdictions such as the United States, the United Kingdom, Australia and New Zealand.
United StatesAmerican Bankruptcy Institute
The American Bankruptcy Institute describes itself as "the largest multi-disciplinary, non-partisan organization dedicated to research and education on matters related to insolvency" and "was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues." This extensive site provides links to courts, legislation and bankruptcy news.
Provides comprehensive links as well as listing of bankruptcy and insolvency resource materials for U.S. and other jurisdictions.
This site provides an excellent overview of U.S. bankruptcy law, including links to relevant U.S. legislation and relevant state material.
Includes a comprehensive collection of American and international bankruptcy law resources.
Internet DirectoriesFindLaw : Legal Subjects : Bankruptcy Law
Provides a comprehensive list of sites and links pertaining to bankruptcy law.
Contains links to relevant sources of U.S. bankruptcy law. In addition, provides links to European Union decrees and selected national regimes such as Austria, Canada, Czech Republic, France, Germany, Israel, Japan, Russia, and Singapore. Links to agencies and associations involved with bankruptcy are also provided.