Improving Awareness of Debtor Responsibilities

July 21, 2011

As part of our continuing efforts to improve awareness of debtor responsibilities, the Office of the Superintendent of Bankruptcy's website now contains a new section called "Bankruptcy Abuse and Fraud" which looks at abuse and fraudulent activity by debtors within the insolvency system. Designed to raise awareness about debtor compliance, the content focuses on the duties of the bankrupt, provides information on what constitutes non-compliant behaviour, and includes real-life examples of criminal convictions and Court decisions on debtor discharges.

The section also provides information on the discharge process, the roles of debtors and creditors, and investigations conducted by the OSB's Special Investigation Units and the Royal Canadian Mounted Police.