Sentences with phrase «licensed trustee»

Licensed trustees in bankruptcy do not charge a consultation fee and will be able to administer your bankruptcy from start to finish.

Dealing with licensed trustees, who you deal with repeatedly, and you are dealing with the same players, some of the major creditors like the banks.

In Canada, only licensed Trustees in Bankruptcy can file personal bankruptcies, and administer the filing of bankruptcy returns.

Sands & Associates, BC's largest firm of licensed Trustees in bankruptcy and consumer proposal administrators, today released results of a study offering insight into BC's soaring consumer debt levels.

This arm of the Canadian federal government is responsible for licensing trustees and monitoring the administration of bankruptcy laws.

The Bankruptcy and Insolvency Act (BIA) is the legislation by which licensed trustees administer bankruptcy files.

The online poll was done between Jan. 27 and Jan. 29 for MNP Debt, which provides licensed trustee services in six provinces, from Quebec to British Columbia.

A consumer proposal can only be filed by a federally licensed trustee in bankruptcy and as soon as you sign the paperwork, you are legally protected from creditors who may be threatening to garnishee your wages or sue you for non-payment.

Doug Hoyes: And during that time of course you've gone through the education program, qualified and now you're a fully licensed trustee and consumer proposal administrator.

PBC Member Trustees are part of a network of carefully selected, licensed trustees licensed by the government to help Canadian citizens.

November 5th, 2012 (Vancouver, B.C.)-- Sands & Associates, B.C.'s largest firm of licensed trustees and proposal administrators announces the results of its first annual BC Consumer Debt Study, profiling trends and key information regarding the consumer debt levels of British Columbians, specifically from markets throughout Vancouver and the Fraser Valley.

It's called a levy and it's them covering their costs for administering the program, for licensing trustees, to monitoring things.

Bankruptcy law in Canada requires that bankruptcy can only be filed through a federally licensed trustee.

Often, if clients have serious debt problems but also decent incomes, they will attempt a consumer proposal to settle their debt legally through a licensed trustee.

Mr. Stephen is a Chartered Professional Accountant, a Chartered Accountant, a licensed trustee in bankruptcy and holds a Bachelor of Commerce degree from the University of Windsor.

No licensed trustee, no consumer proposal.

You also have the option to schedule a free consultation with a Licensed Trustee and get personalized answers to your questions directly from them.

If you're unsure whether your debts are joint or you're wondering how a joint bankruptcy or consumer proposal process works, contact a licensed Trustee in Bankruptcy to review your situation and discuss all of your options.

Often, if clients have serious debt problems but also decent incomes, they will attempt a consumer proposal to settle their debt legally through a licensed trustee.

A consumer proposal is administered by a licensed trustee in bankruptcy.

The reason they refer you to a trustee is only a licensed trustee can actually file a proposal for you.

What they really do is refer you to a licensed trustee in bankruptcy to file a consumer proposal.

In order to file a consumer proposal, you first need to meet with a licensed trustee.

Your initial discussions can be done in person, via e-mail or over the phone, but eventually, you will need to meet face - to - face with a licensed trustee.

If you have outstanding taxes, it is possible to settle you tax debts for less than the full amount owing by filing a consumer proposal with a licensed trustee in bankruptcy.

The single most important thing to know is that only a licensed trustee in bankruptcy can provide you with protection under bankruptcy law in Canada.

Then when you arrive in Canada and are settled you can make an appointment for a free consultation with a licensed trustee that can help you determine the best way to deal with your debt.

A consumer proposal can only be filed by a licensed Trustee; a credit counsellor can not file it for you.

Ted Michalos: In fact if somebody's asking them for significant upfront fees, then they're probably not dealing with a licensed trustee, they're dealing with someone called a debt consultant and you don't want to get me going on these days cause that's a whole other program.

A word of warning — only a licensed trustee in bankruptcy may file bankruptcy for you.

Bankruptcies and consumer proposals can only be filed through a licensed trustee, not a debt consultant.

In order to file for bankruptcy you must meet with and use the services of a licensed trustee in bankruptcy.

Only licensed insolvency trustees (the new designation for bankruptcy trustees in Canada) may administer a consumer proposal, so before you sign any agreements to pay, make certain you are dealing directly with a licensed trustee and not a debt consultant that will pocket your money and refer you elsewhere.

According to Canadian law, a licensed Trustee in Bankruptcy must facilitate your bankruptcy filing, so your first step will be to find one.

Simply seek help from our Licensed Trustees and your debt will be a thing of the past.

As an expert in debt management, a licensed trustee is qualified to offer you advice on a wide range of debt relief services.

If you do decide to file, be sure to meet with a licensed trustee first, and be sure that all of your questions are answered before you sign any paperwork.

only a licensed Trustee in Bankruptcy (who will meet with you to review your financial situation in detail) will be able to help you decide which option is best for your specific situation

In order to make a bankruptcy application you must meet in person with a licensed trustee in bankruptcy for something called the «assessment».

While there are a number of factors that may affect which option is best for you, keep in mind that only a licensed Trustee in Bankruptcy (who will meet with you to review your financial situation in detail) will be able to help you decide which option is best for your specific situation.

Consumer proposal administrators are licensed trustees, registered with the federal government under the Bankruptcy and Insolvency Act and as such fees paid to a trustee for administering a consumer proposal are set by legislation.

Bankruptcy can only be filed by a licensed trustee in bankruptcy under the Bankruptcy and Insolvency Act (BIA) as set out by the Office of the Superintendent of Bankruptcy.

You may want to contact a licensed trustee and look at the filing of a consumer proposals.

Specifically, ask them if they are going to recommend that you file a consumer proposal and if they are, ask if they are a licensed trustee or an employee of a licensed trustee's firm.

The plan is called a consumer proposal which may only be administered by a licensed trustee.

In response to this, the massive national credit counselling agencies I referred to earlier, simply refer many of the people that contact them directly to a licensed trustee to file a consumer proposal (but not before taking a fee).

A licensed trustee can help you understand the issues so that you take advantage of the opportunity for a fresh start that bankruptcy brings.

Doug Hoyes: Whereas, a person who is not a licensed trustee and like you say, that's something they brag about in their ads.

When declaring bankruptcy Canada law states that a licensed trustee administers the process.

The follow - up is, are you working for a licensed trustee?