Canadian Bankruptcy Court

Canadian Bankruptcy Court is a specialized judicial forum that handles legal processes when individuals or businesses are unable to pay their debts. It oversees bankruptcy and insolvency cases, ensuring fair treatment for creditors while providing debtors an opportunity to resolve or restructure their financial obligations. The Court operates under federal insolvency laws, such as the Bankruptcy and Insolvency Act, and aims to balance creditor rights with debtor rehabilitation or relief. Its decisions help restore financial stability and ensure an orderly resolution of financial difficulties within the framework of Canadian law.