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Bankruptcy and foreclosure

A total of 9 records were found for Bankruptcy and foreclosure
Definition: Bankruptcy is a formal process guided by law in which a debtor’s property is turned over to a trustee who manages the payment of creditors. Foreclosure is a legal process which enables a lender to repossess and resell property if a borrower has failed to keep up the repayments on a mortgage.
See also keywords:  Credit and debt

Alberta Resources

This booklet has been prepared for you by the staff at the Law Information Centre (LInC). It is for people who are bankrupt, but have not been granted a discharge from bankruptcy. It is intended to help you make you make an application for discharge from bankruptcy if you are an undischarged bankrupt.
Related keywords: Bankruptcy and foreclosure, Self-representation

If a rental property is foreclosed upon, the rights of the tenant and the rights of the landlord will be affected. This booklet from the Centre for Public Legal Education Alberta answers frequently asked questions about the foreclosure process with a focus on the implications for tenants. This 8 page PDF is available for free download.

Related keywords: Bankruptcy and foreclosure, Landlord and tenant, Real estate and home ownership

This booklet from the Centre for Public Legal Education Alberta gives a general overview of what foreclosure is, what can happen during a foreclosure, and how foreclosure may affect both property owners and renters living in a property. This 8 page PDF is available for free download.

Related keywords: Bankruptcy and foreclosure, Real estate and home ownership

Going to court? Here are some tips and information on understanding your foreclosure matter. (Video) Produced in coordination with PBLA and Alberta Courts. Video Transcripts are available in :  English | Spanish | French | Arabic | Hindi | Punjabi | Urdu

Related keywords: Bankruptcy and foreclosure, Civil actions, Legal process, Real estate and home ownership, Self-representation

This court procedure booklet is a guide for people who are bankrupt, but have not been granted a discharge from bankruptcy. If your trustee is no longer responsible for making another application for discharge, this guidebook will help you make your own application for discharge from bankruptcy

Related keywords: Bankruptcy and foreclosure

Canada/Federal

Bankruptcy Canada was founded in 2004; contributors are trustees from regional and national firms in Canada. This site provides easy to understand facts and information about bankruptcy and its alternatives.

Related keywords: Bankruptcy and foreclosure

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). Includes links to online sources of further information.
Related keywords: Bankruptcy and foreclosure

This topic from Duhaime.org provides an introduction to Bankruptcy Law in Canada and related information.

Related keywords: Bankruptcy and foreclosure

For debtors (those who owe money) and creditors (those who are owed money), OSB, a special operating agency associated with Industry Canada, makes the bankruptcy and insolvency process easier to understand by providing information.

Related keywords: Bankruptcy and foreclosure, Federal government departments