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StatuteBankruptcy and Insolvency Act

Section 66.14 — Bankruptcy and Insolvency Act: Duties of administrator

Text of the provision Official document

The administrator shall, within ten days after filing a consumer proposal with the official receiver, prepare and file with the official receiver a report in the prescribed form setting out the results of the investigation made under paragraph 66.13(2)(a), the administrator’s opinion as to whether the consumer proposal is reasonable and fair to the consumer debtor and the creditors, and whether the consumer debtor will be able to perform it, and [Repealed, 2005, c. 47, s. 49] a list of the creditors whose claims exceed two hundred and fifty dollars; and send to every known creditor, in the prescribed form and manner, a copy of the consumer proposal and a copy of the statement of affairs referred to in paragraph 66.13(2)(d), a copy of the report referred to in paragraph (a), a form of proof of claim as prescribed, and a statement explaining that a meeting of creditors will be called only if required under section 66.15 and that a review of the consumer proposal by a court will be made only if it is requested in accordance with subsection 66.22(1).

Official source: laws-lois.justice.gc.ca

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Statutory text from an official public source. Informational content — does not replace advice from a qualified lawyer.