Licensed Insolvency Trustee Roles
What's the differences between Licensed Insolvency Trustee and Bankruptcy Trustee?

What’s the differences between Licensed Insolvency Trustee and Bankruptcy Trustee? First of all , there are no differences between these two terms. In December 2015, the Office of the OSB released an instruction that people that are certified by the Superintendent of Bankruptcy to give services under the Bankruptcy and Insolvency Act (BIA) are to recognize themselves as Licensed Insolvency…

Information on the Bankruptcy Process in Canada - Steps in Filing Bankruptcy
Bankruptcy Process in Canada How bankruptcy works

The majority of licensed insolvency trustees offer a complimentary initial assessment. During this consultation, the trustee can examine your financial scenario and provide you with info on the options that are available to you. Bankruptcy may be one option. However, for numerous individuals, bankruptcy is the last option. It is typically picked when all other choices have actually been tired….