A receiving order is a court order that entitles a creditor to receive payment of a debt, in accordance with the scheme established by the Bankruptcy and Insolvency Act.

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A receiving order is a court order that declares a person bankrupt and appoints a trustee to manage their assets and distribute them among creditors. It does not entitle a single creditor to receive payment of a debt.

A Receiving Order Is a Court Order That Entitles a Creditor