Form 53—Notice to Creditors and Report to Official Receiver on Annulment of Consumer Proposal of a Consumer Debtor who was not a Bankrupt

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Form 53

22 KB, 1 page

(Section 66.3(4) of the Act)


(Title Form 1)

Take notice that the Space to insert name of Court Court of Space to insert province (province) in Bankruptcy, by order dated the Space to insert day day of Space to insert month Space to insert year, has annulled the consumer proposal made by Space to insert name of consumer debtor , consumer debtor, on the Space to insert date.

The consumer proposal was annulled by the court on the application of Space to insert name of administrator of proposal , the administrator of the proposal (or a creditor of the consumer debtor).

The consumer proposal was annulled on the grounds that:

(Check appropriate grounds.)

Select box if the  consumer proposal was annulled on the grounds that default was made by the consumer debtor in the performance of a provision in the consumer proposal. Default was made by the consumer debtor in the performance of a provision in the consumer proposal.

Select box if the  consumer proposal was annulled on the grounds that the consumer debtor was not eligible to make a consumer proposal when the consumer proposal was filed. The consumer debtor was not eligible to make a consumer proposal when the consumer proposal was filed.

Select box if the consumer proposal was annulled on the grounds that it could not continue without injustice or undue delay. The consumer proposal could not continue without injustice or undue delay.

Select box if the consumer proposal was annulled on the grounds that the approval of the court was obtained by fraud. The approval of the court was obtained by fraud.

Select box if the consumer proposal was annulled on the grounds that the consumer debtor was convicted of an offence under the Act after the consumer proposal was accepted or approved. The consumer debtor was convicted of an offence under the Act after the consumer proposal was accepted or approved.

As a consequence of the annulment of the consumer proposal,

(a) the consumer debtor is not entitled to make another consumer proposal until all claims for which proofs of claim were filed and accepted are either paid in full or are extinguished by the operation of subsection 178(2) of the Act; and

(b) the rights of the creditors are revived for the amount of their claims less any dividends received.

Dated at Space to insert city , this Space to insert day day of Space to insert month Space to insert year .

Space to insert signature of administrator of consumer proposal
Administrator of Consumer Proposal

Note:

If a copy of this Notice is sent electronically by means such as email, the name and contact information of the sender, prescribed in Form 1.1, must be added at the end of the document.

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