Speak To a Licensed Insolvency Trustee & Consumer Proposal Administrator in Burlington, ON Many people living in the Burlington area will find themselves in financial distress at some point in their lives. Creditors are on their backs, hounding them for money, even though they don’t have cash available to make repayments. It can lead to […]
Most Recent 'Licensed Insolvency Trustee' Posts
Do I Need a Licensed Insolvency Trustee or Bankruptcy Trustee? Personal debt can become a trap for many Canadians. In order to keep up with the cost of living, households can accumulate more and more loans and credit cards until their debts reach a point at which they’re extremely difficult to control. In some circumstances, […]
Getting Out of Debt in Sarnia With a Licensed Insolvency Trustee / Consumer Proposal Administrator If you are currently burdened by significant and growing unsecured debts, consumer proposals are one of the most feasible solutions to your problems. However, if you are planning to utilize this form of debt relief, you must gain support from […]
LIT (Licensed Insolvency Trustee)
March 30, 2020 by Questions
What is a LIT (Licensed Insolvency Trustee)? A Licensed Insolvency Trustee (formerly known as a Bankruptcy Trustee) is the only type of professional who is licensed and regulated by the Office of the Superintendent of Bankruptcy (OSB) to help Canadians get out of debt. Licensed Insolvency Trustees (LITs) can help debtors file for bankruptcy or […]
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