Is there a proof of claims deadline for Canadian bankruptcy creditors?
April 22, 2009 3:00 PM Subscribe
Canadian (you are not my) lawyers: is there a deadline for filing a proof of claim in personal bankruptcies?
A client recently filed personal bankruptcy in Ontario. The bankruptcy notice says that for a meeting to be held they must receive a certain percentage of proofs of claim within 30 days of the bankruptcy filing requesting such a meeting. But there does not otherwise appear to be any deadline for filing proofs generally, and neither Google nor the Act appear to suggest one.
We are not a huge creditor and don't have much hope in recovery, so I don't care to request a meeting; I just intend to file the proof of claim and go from there.
I know you are not my lawyer and are not giving me legal advice; any direction you can provide is greatly appreciated.
A client recently filed personal bankruptcy in Ontario. The bankruptcy notice says that for a meeting to be held they must receive a certain percentage of proofs of claim within 30 days of the bankruptcy filing requesting such a meeting. But there does not otherwise appear to be any deadline for filing proofs generally, and neither Google nor the Act appear to suggest one.
We are not a huge creditor and don't have much hope in recovery, so I don't care to request a meeting; I just intend to file the proof of claim and go from there.
I know you are not my lawyer and are not giving me legal advice; any direction you can provide is greatly appreciated.
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posted by AV at 5:32 PM on April 22, 2009