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-› Preference or Preferred Creditors
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Preference or Preferred Creditors
Those creditors, in the Bankruptcy and Insolvency Act specified in Section 136, that rank ahead of ordinary or unsecured creditors.  Some preferred creditors are employees for wages, and a landlord for some specified rental arrears.
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Canadian Insolvency Dictionary INDEX:List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 A: Page 1 of 3.
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