TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

ORDERLY PAYMENT DEBT [1 record]

Record 1 2002-10-01

English

Subject field(s)
  • Bankruptcy
  • Loans
OBS

A provision for the relief of debtors under Division II of the Bankruptcy and Insolvency Act; administered by provincial authorities, if agreed to by creditors, it allows students to consolidate their debts and set new interest rates so that regular payments may be made over a specified period of time.

Key term(s)
  • orderly payment of debt

French

Domaine(s)
  • Faillites
  • Prêts et emprunts
OBS

Disposition visant à libérer les débiteurs prévue à la Section II de la Loi sur la faillite et l'insolvabilité. Administré par les autorités provinciales, s'il est accepté par les créanciers, il permet aux étudiants de consolider leurs dettes et de fixer de nouveaux taux d'intérêt, de façon que le paiement puisse être échelonné sur une période déterminée.

Key term(s)
  • paiement méthodique de la dette

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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