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How to settle a succession Notice of closure of inventory Once the inventory of property and debts is done, you must publish a notice of closure. Show more Payment of a succession’s debts Generally,…

Liquidator Appointment You must check whether the deceased has appointed a liquidator to settle his succession. He may have specified this in his will, if he left one. Show more Acceptance or refusal…

Once you have deposited the seizable portion of your income with the clerk, it is distributed to the creditors in proportion to the amount of their claim. In other words, each creditor receives part…

Seizure Types of seizure and procedure Seizure of property or income is used to recover money you owe to a creditor. Show more Unseizable property and income Some of your property and income cannot…

If you fail to meet your obligations, one of your creditors may file a request with the Court of Québec asking it to remove your protection under the voluntary deposit procedure. For example, this…

The amounts deposited at the court office by the debtor are distributed to all the creditors named in the voluntary deposit declaration in proportion to the amount of their claims. As a creditor, you…

When you have finished paying all of one of the debts listed in your voluntary deposit declaration, a notice of payment is sent to you and to your creditor. Your creditor has 15 days to contest the…

As a creditor, you are entitled to be informed about the debtor’s situation. The debtor has 10 days to inform the court office of any change in the information contained in his or her declaration,…

In addition to the creditor who requested the seizure in the hands of a third person (the seizing creditor), all your other creditors can participate in the distribution of the amounts or income…

Rights and obligations of creditors Contesting a declaration As a creditor or interested party, you can contest the debtor’s declaration if you do not agree with it. Show more Your share of the…