Article
Establishing the Need for a Low-Cost Canadian Debt Relief Procedure
International Insolvency Review, vol. 29, no. Special 1, 2020, pp. S25-S43.
Author ORCID Identifier
Stephanie Ben-Ishai: 0000-0001-6587-8971
Document Type
Article
Publication Date
1-2-2020
Disciplines
- Bankruptcy Law and
- Law
Abstract
Canada does not have a low-cost bankruptcy option for debtors with low incomes and low assets. In this article, we present empirical evidence of the need for such an option by estimating the number of debtors who might benefit from it. We then review the successful low-cost bankruptcy options in operation in New Zealand and in the United Kingdom and recommend that Canada adopt a similar system.
Citation Information
Saul Schwartz and Stephanie Ben-Ishai. "Establishing the Need for a Low-Cost Canadian Debt Relief Procedure" International Insolvency Review, vol. 29, no. Special 1, 2020, pp. S25-S43. (2020) Available at: http://works.bepress.com/stephanie_ben-ishai/99/