superintendent of bankruptcy

superintendent of bankruptcy
The person appointed by the Federal Government to supervise the administration of insolvency estates in Canada (Ontario Bankruptcy Dictionary)

A federally appointed official who oversees the administration of the Bankruptcy and insolvency Act in Canada. The Superintendent is responsible for: supervising the administration of estates in bankruptcy, commercial reorganizations, consumer proposals and receiverships; maintaining a publicly accessible record of bankruptcy and insolvency proceedings; recording and investigating complaints regarding possible wrong doing by someone involved in the insolvency process; licensing of private sector trustees to administer estates and appointing administrators of consumer proposals; setting and enforcing professional standards for the administration of estates.
The Superintendent's Web site address is: http://osb-bsf.ic.gc.ca (Dictionary of Canadian Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • Superintendent of Bankruptcy — (Canada)The role of the Superintendent of Bankruptcy is to ensure that bankruptcies and insolvencies in Canada are conducted in a fair and orderly manner.As stated on the [http://strategis.ic.gc.ca/epic/internet/inbsf osb.nsf/en/home Office of… …   Wikipedia

  • Bankruptcy in Canada — The procedures and legal consequences of consumer bankruptcy in Canada are governed by Canadian federal legislation.OverviewConsumer bankruptcy is a legislative procedure under Bankruptcy and Insolvency Act ( the BIA ) *(1) complemented by… …   Wikipedia

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  • Bankruptcy and Insolvency Act — The Canadian Bankruptcy and Insolvency Act is An Act Respecting Bankruptcy and Insolvency that sets out the law on bankruptcy in Canada, and applies to both businesses and individuals. The legislation includes the duties and powers of the Office… …   Wikipedia

  • trustee in bankruptcy — An individual or corporation licensed by the Superintendent of Bankruptcy pursuant to the Bankruptcy and insolvency Act (Ontario Bankruptcy Dictionary) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • Consumer bankruptcy in Canada — See also: Insolvency law of Canada Consumer bankruptcy in Canada is governed by the Bankruptcy and Insolvency Act ( BIA ). [1] The legislation is complemented by regulations, as well as directives from the Office of the Superintendent of… …   Wikipedia

  • first meeting of creditors — a mandatory meeting between creditors and the debtor. It is usually held within a month of the filing of bankruptcy but often occurs later when the debtor has filed its schedules of financial information (Glossary of Common Bankruptcy Terms) The… …   Glossary of Bankruptcy

  • official receiver — A person deemed to be an officer of the Court who reports to the Superintendent of Bankruptcy and performs duties as specified by the Bankruptcy and Insolvency Act. This has nothing to do with Receivership (Ontario Bankruptcy Dictionary) United… …   Glossary of Bankruptcy

  • administrator of Consumer Proposal — A trustee or a person appointed or designated by the Superintendent of Bankruptcy to administer consumer proposals. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • automatic discharge — First time bankrupts receive an automatic discharge nine months after they became bankrupt unless it is opposed by either a creditor, the trustee or the Superintendent of Bankruptcy. (Dictionary of Canadian Bankruptcy Terms) United Glossary of… …   Glossary of Bankruptcy

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