Bankruptcy and Insolvency Act (Canada)

E898895

Canadian federal statute insolvency law

The Bankruptcy and Insolvency Act (Canada) is the federal statute that governs personal and corporate insolvency proceedings, including bankruptcies, proposals, and the distribution of assets to creditors in Canada.

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All labels observed (1)

Label	Occurrences
Bankruptcy and Insolvency Act (Canada) canonical	2

Statements (49)

Predicate	Object
instanceOf	Canadian federal statute ⓘ insolvency law ⓘ
abbreviation	BIA NERFINISHED ⓘ
administeredBy	Innovation, Science and Economic Development Canada NERFINISHED ⓘ Office of the Superintendent of Bankruptcy Canada NERFINISHED ⓘ
appliesTo	insolvent debtors in Canada ⓘ licensed insolvency trustees ⓘ secured creditors in Canadian insolvency proceedings ⓘ unsecured creditors in Canadian insolvency proceedings ⓘ
contains	provisions on automatic stay of proceedings ⓘ provisions on environmental claims in bankruptcy ⓘ provisions on surplus income of bankrupts ⓘ provisions on wage earner protection in bankruptcy ⓘ
country	Canada ⓘ
enforcedBy	courts of bankruptcy jurisdiction in Canada ⓘ
governs	avoidance of preferences and transfers at undervalue ⓘ bankruptcy of corporations ⓘ bankruptcy of individuals ⓘ bankruptcy of insolvent estates of deceased persons ⓘ bankruptcy of partnerships ⓘ commercial proposals in Canada ⓘ consumer proposals in Canada ⓘ corporate bankruptcy in Canada ⓘ discharge of bankrupts ⓘ distribution of assets to creditors in bankruptcy ⓘ duties of inspectors in bankruptcy estates ⓘ duties of receivers ⓘ duties of trustees in bankruptcy ⓘ insolvency proceedings in Canada ⓘ meeting of creditors in bankruptcy ⓘ personal bankruptcy in Canada ⓘ priority of claims in bankruptcy ⓘ proof of claims by creditors ⓘ receiverships under federal insolvency law ⓘ
jurisdiction	federal jurisdiction of Canada ⓘ
language	English ⓘ French ⓘ
legalArea	bankruptcy law ⓘ insolvency law ⓘ
legalSystem	common law system of Canada ⓘ
levelOfGovernment	federal ⓘ
purpose	to provide a fair and orderly process for dealing with the debts of insolvent persons and companies in Canada ⓘ
regulates	bankruptcy offences ⓘ commercial insolvency proceedings ⓘ consumer insolvency proceedings ⓘ licensing of insolvency trustees ⓘ
relatedTo	Companies' Creditors Arrangement Act NERFINISHED ⓘ Wage Earner Protection Program Act NERFINISHED ⓘ
shortName	Bankruptcy and Insolvency Act NERFINISHED ⓘ

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Office of the Superintendent of Bankruptcy Canada → administers → Bankruptcy and Insolvency Act (Canada) ⓘ

Office of the Superintendent of Bankruptcy Canada → enforces → Bankruptcy and Insolvency Act (Canada) ⓘ