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Meet a bankruptcy trustee

Bankruptcy trustees have had a resent name change and are now called Licensed Insolvency Trustees.  They are the only debt professionals, who can file bankruptcies and consumer proposals for you. Trustees also conduct mandatory financial counselling sessions for people who file bankruptcy or consumer proposals, so these people can gain more financial skills.

Meet a Bankruptcy Trustee

Meet a bankruptcy trustee – Bankruptcy Trustees are regulated by the federal government so it will cost the same no matter which trustee in Canada you use.

Bankruptcy trustees will give you a free, no obligation consultation that is held in strict confidence.   You can put your mind at ease when dealing with a bankruptcy trustee because of their high expertise, education and training:

  1. They are the only debt consultants who have their costs and conduct regulated by the government;
  2. If there is ever a dispute, mediation is available to you to settle the dispute or you can contact the Office of the Superintendent of Bankruptcy to report your complaint.
  3. Bankruptcy trustees are highly trained and educated:
    1. Most have a university education and are CPAs;
    2. They must pass a rigorous three year bankruptcy law course and a tough oral examination by members of the Office of the Superintendent of Bankruptcy, a prominent local trustee and a prominent insolvency lawyer;
    3. Bankruptcy trustees are investigated by the RCMP before being granted a Trustee License;
    4. Bankruptcy trustees must stay up to date through ongoing education, including seminars;
    5. Bankruptcy trustees are subject to stringent codes of ethics set by the government and the CPAs.
  4. Other qualifications of Bankruptcy Trustees are:
    1. Bankruptcy trustees are officers of the court, which means they do not work for the debtor or the creditors but have obligations to both;
    2. Bankruptcy trustees are the only debt professionals who can stop wages garnishees and can prevent creditors, including CRA, from taking collection action against you.

Meet a bankruptcy trustee – Bankruptcy Trustees are regulated by the federal government so it will cost the same no matter which trustee in Canada you use.

Bankruptcy trustees will give you a free, no obligation consultation that is held in strict confidence.   You can put your mind at ease when dealing with a bankruptcy trustee because of their high expertise, education and training:

  1. They are the only debt consultants who have their costs and conduct regulated by the government;
  2. If there is ever a dispute, mediation is available to you to settle the dispute or you can contact the Office of the Superintendent of Bankruptcy to report your complaint.
  3. Bankruptcy trustees are highly trained and educated:
    1. Most have a university education and are CPAs;
    2. They must pass a rigorous three year bankruptcy law course and a tough oral examination by members of the Office of the Superintendent of Bankruptcy, a prominent local trustee and a prominent insolvency lawyer;
    3. Bankruptcy trustees are investigated by the RCMP before being granted a Trustee License;
    4. Bankruptcy trustees must stay up to date through ongoing education, including seminars;
    5. Bankruptcy trustees are subject to stringent codes of ethics set by the government and the CPAs.
  4. Other qualifications of Bankruptcy Trustees are:
    1. Bankruptcy trustees are officers of the court, which means they do not work for the debtor or the creditors but have obligations to both;
    2. Bankruptcy trustees are the only debt professionals who can stop wages garnishees and can prevent creditors, including CRA, from taking collection action against you.

Meet a bankruptcy trustee – Bankruptcy Trustees are regulated by the federal government so it will cost the same no matter which trustee in Canada you use.

Bankruptcy trustees will give you a free, no obligation consultation that is held in strict confidence.   You can put your mind at ease when dealing with a bankrMeet a bankruptcy trusteeMeet a bankruptcy trusteeuptcy trustee because of their high expertise, education and training:

  1. They are the only debt consultants who have their costs and conduct regulated by the government;
  2. If there is ever a dispute, mediation is available to you to settle the dispute or you can contact the Office of the Superintendent of Bankruptcy to report your complaint.
  3. Bankruptcy trustees are highly trained and educated:
    1. Most have a university education and are CPAs;
    2. They must pass a rigorous three year bankruptcy law course and a tough oral examination by members of the Office of the Superintendent of Bankruptcy, a prominent local trustee and a prominent insolvency lawyer;
    3. Bankruptcy trustees are investigated by the RCMP before being granted a Trustee License;
    4. Bankruptcy trustees must stay up to date through ongoing education, including seminars;
    5. Bankruptcy trustees are subject to stringent codes of ethics set by the government and the CPAs.
  4. Other qualifications of Bankruptcy Trustees are:
    1. Bankruptcy trustees are officers of the court, which means they do not work for the debtor or the creditors but have obligations to both;
    2. Bankruptcy trustees are the only debt professionals who can stop wages garnishees and can prevent creditors, including CRA, from taking collection action against you.