The Bankruptcy and Insolvency Act Defines a "Consumer Debtor" as

The Bankruptcy and Insolvency Act defines a "consumer debtor" as

A) an individual whose debts arise exclusively from consumer purchases.
B) a corporation or individual who purchases outstanding debts from creditors, and then uses various means to extract payment from the debtors.
C) an insolvent individual whose debts, excluding those secured on their principal residence, do not exceed $75 000.
D) a corporation that is primarily indebted to consumers.
E) an individual that is not carrying on a business.