Most Recent 'Licensed Insolvency Trustee' Posts

Licensed Insolvency Trustees (LITs) are federally regulated debt professionals who are highly qualified and well-trained. The Office of the Superintendent of Bankruptcy provides LITs with the license they need to administer insolvency services, such as assisting with bankruptcy or filing a consumer proposal with your creditors. Only LITs are able to assist people with filing […]

If you’re suffering from financial problems, you may have to consider some insolvency options and if you are interested in meeting with a trustee you might be wondering if the trustee charges any extra fees or fees for a consultation. In Canada, those options are limited to consumer proposals or bankruptcy. To proceed with either, […]

What is a licensed insolvency trustee? A licensed insolvency trustee, also known as a LIT, is a professional who specialises in providing advice and working with individuals or companies that are struggling to pay off debts. Licensed insolvency trustees are federally-regulated, and they help people to explore options and make well-informed decisions to get out […]

Licensed Insolvency Trustees in Canada A licensed insolvency trustee (LIT) is a federally-regulated professional who specialises in helping people who are struggling with severe debt. Trustees assume responsibility for overseeing processes, including filing a consumer proposal or bankruptcy. If you are in debt, and your trustee advises you to consider these options, they are authorised […]

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