Taking Bankruptcy Seriously

Taking bankruptcy seriously

From The Edmonton Journal

serious-debt

When considering filing for bankruptcy or a consumer proposal, you must be aware of the various duties that must be satisfied to be eligible for discharge. It is important to take bankruptcy seriously!

There are no easy ways out, nor are there methods to cheat the system. There are serious consequences for those who attempt to conceal assets, bribe creditors, and other acts of fraud. Punishment can range from penalties and fines, to probation and prison sentences. It is not worth the risk of being severely penalized! When it come to insolvency, playing by the rules will absolutely help you get ahead.

There are cases where debtors do try to work around the system. Recent charges have been made against a bankrupt in Ontario who will appear in court to receive judgement. Investigations stemmed from concerned creditors, as well as the Licensed Insolvency Trustee. This debtor tried to abandon the bankruptcy process without satisfying his conditions for discharge. He remained an undischarged bankrupt and attempted to obtain credit. The debtor had also tried to file a consumer proposal which was annulled after he failed to make any payments.

      He was charged with the following BIA offenses:

  • Failure in Duties of a Bankrupt
  • Undisclosed Bankrupt engaging in business or obtaining credit

Bankruptcy is a legal process that provides relief to honest individuals who find themselves unable to pay their debts. Failing to comply with duties under the BIA and engaging in fraudulent activities are criminal offences.

Offenders are identified by OSB detection programs. Complaints from stakeholders such as the credits, trustees, or the general public. If you have any information related to bankruptcy of fraud schemes, contact the OSB. You can also send an anonymous report through Crime Stoppers.

OSB 1-877-376-9902

Crime Stoppers 1-800-222-8477

You may also find these articles useful:

What is A Licensed Insolvency Trustee?

What Fees Are Associated With Consumer Proposals?

What Happens At Counselling? 

7 Bankruptcy Myths

So if you are already familiar with Cisco routers and TCP/IP, this may be a better solution for you. Finally, we recommend the Bryant Advantage Ultimate CCNA Study Package.
http://www.itcert-online.com/
Cisco 200-125 dumps only help you to reinforce what you have learned and gives you an idea of how the exam is like.
300-115 pdf
Just focus on over study material for the preparation of CCNA Routing and Switching 200-125 Cisco Certified Network Associate.
210-260 vce
It is actually suggesting that the applicants preparing for CCNA Routing and Switching 200-125 Cisco Certified Network Associate, use both the preparation approaches. This will help all applicants to earn the assistances of both the approaches.
200-125 vce
For example, the pdf questions, debate each topic at a distance, the applicants study them dull and annoying. Similarly, the applicants provide favorite to exercise test. A practice test is communicating and stimulating as associated to pdf material.
cisco
Bryant Advantage. The Bryant Advantage probably has the most comprehensive study package that is well written using lots of analogies so it can be understood easily by new CCNA students as well as seasoned Cisco professionals. It is on par with the Cisco Press as far as price and another nice benefit is he also has a lab workbook too. We also sell the Bryant Advantage CCNA Lab Hardware Topology to compliment his lab workbook so you can follow through all the labs step by step.

0 Comments

Leave a reply

Your email address will not be published. Required fields are marked *

*

©2017 - C. E. Craig & Associates Inc.

Log in with your credentials

Forgot your details?

Skip to toolbar