In what circumstances will a creditor meet with a trustee in bankruptcy at the debtor's premises?
British Columbia, Canada
The following excerpt is from Whonnock Industries Ltd. v. National Bank of Canada, 1987 CanLII 2644 (BC CA):
In Lister v. Dunlop representatives of the creditor attended with a trustee in bankruptcy at the debtor’s premises and gave the debtor’s president two letters demanding payment forthwith. Before the president had finished reading the letters, the trustee handed him a notice which said that because of default the trustee had been appointed as receiver and manager. The minute or so between the demand and the receiver’s appointment was held not to constitute a reasonable time for payment.
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