Acts and Regulations

C-33 - Creditors Relief Act

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Power to enlarge time limits for payment by debtor
18(1)The judge, before or after a certificate is issued by the clerk under this Act or delivered to the sheriff, may, on the application of the debtor and notice to a claimant, give to the debtor further time to pay any claim, where the judge is of the opinion that this can be done without injustice to the creditor, or he may give the debtor further time on terms that in the opinion of the judge are just.
18(2)There may be successive orders for this purpose, but no claim shall be delayed by such orders for more than three months in all.
18(3)This section does not apply to creditors who have obtained judgment in the ordinary way, and the orders for time are not to prejudice executions obtained by such creditors on such judgments.
R.S., c.50, s.18
Power to enlarge time limits for payment by debtor
18(1)The judge, before or after a certificate is issued by the clerk under this Act or delivered to the sheriff, may, on the application of the debtor and notice to a claimant, give to the debtor further time to pay any claim, where the judge is of the opinion that this can be done without injustice to the creditor, or he may give the debtor further time on terms that in the opinion of the judge are just.
18(2)There may be successive orders for this purpose, but no claim shall be delayed by such orders for more than three months in all.
18(3)This section does not apply to creditors who have obtained judgment in the ordinary way, and the orders for time are not to prejudice executions obtained by such creditors on such judgments.
R.S., c.50, s.18