Sentences with phrase «only licensed insolvency trustees»

He skimmed a few more sites and learned that the «60 - month» option was probably a legal process known as Consumer Proposal, which only Licensed Insolvency Trustees can administer.
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.
One thing Troy was careful to note was that 4 Pillars does not file for bankruptcy (or consumer proposals) on clients» behalf, since only Licensed Insolvency Trustees (LIT) can do that, per Canada's Bankruptcy Insolvency Act.
By law, only a Licensed Insolvency Trustee may administer a consumer proposal.
If someone needs a fresh start through a consumer proposal, this is something that only a licensed insolvency trustee can file.
In Canada only a Licensed Insolvency Trustee can administer a consumer proposal, which is a procedure available under the Bankruptcy and Insolvency Act.
Quick fact: Did you know that only a Licensed Insolvency Trustee (Trustee in Bankruptcy) can administer a consumer proposal or bankruptcy?
You often repay less than the debt you owe and only a Licensed Insolvency Trustee can file a proposal on your behalf.
What they don't say is that they are advertising the exact same service that only a Licensed Insolvency Trustee can administer: a consumer proposal.
In Canada, only a Licensed Insolvency Trustee can file a consumer proposal or bankruptcy.

Not exact matches

All of this can only be administered by a licensed insolvency trustee.
In Canada the only person who can be a consumer proposal administrator is a Licensed Insolvency Trustee (formerly called a bankruptcy trustee in CTrustee (formerly called a bankruptcy trustee in Ctrustee in Canada).
This process can only be administered by a Licensed Insolvency Trustee.
A consumer proposal is an option under the Bankruptcy and Insolvency Act to settle your debts for less than you owe and still receive the creditor protection only available through a Licensed Insolvency Trustee.
Some adapt by making only the minimum monthly payments on credit cards, which leads to a downward debt spiral, a journey that often ends with seeking assistance from a Licensed Insolvency Trustee.
The City of Hamilton is contemplating more regulation of payday loan lenders, so if you are going to go down the regulation route, the list of resources must include links to the only professionals that are actually regulated and licensed by the federal government to provide legally binding debt relief, and that's licensed insolvency trustees.
A consumer proposal can only be filed by a Licensed Insolvency Trustee acting in their capacity as a Consumer Proposal Administrator.
There is only one professional that the government endorses to provide debt solutions, Licensed Insolvency Trustees (formerly bankruptcy trTrustees (formerly bankruptcy trusteestrustees).
An alternative to bankruptcy, a consumer proposal is legal debt settlement program which can only be filed with a Licensed Insolvency Trustee.
Consumer Proposals are the number one alternative to filing personal bankruptcy in Canada and this specialized debt consolidation tool can only be done with the help of a Licensed Insolvency Trustee.
Working with a Licensed Insolvency Trustee, you will come to understand not only how to handle bankruptcy, but how to handle debt so you do not become entrenched in it again.
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.
The truth is, only a consumer proposal administered by a licensed insolvency trustee can deliver on these promises.
However they charge large fees, only to refer you to a licensed insolvency trustee.
A Licensed Insolvency Trustee is the only person in Canada who is licensed by the federal government to help prepare, file, and administer a consumer pLicensed Insolvency Trustee is the only person in Canada who is licensed by the federal government to help prepare, file, and administer a consumer plicensed by the federal government to help prepare, file, and administer a consumer proposal.
Bankruptcy may not be your only debt solution, and as Licensed Insolvency Trustees we can help you evaluate all your debt options in White Rock, or any of our other BC office locations.
In addition, only a licensed Trustee in Bankruptcy is authorized to file a consumer proposal under the Bankruptcy and Insolvency Act.
Having said that, it's also important to know that consumer proposals can ONLY be offered through a licensed insolvency trustee.
Both procedures can only be done by a licensed insolvency trustee.
Both a bankruptcy and consumer proposal can only be made through a Licensed Insolvency Trustee or LIT.
The CRA will only accept a tax debt forgiveness proposal made through a Licensed Insolvency Trustee like Hoyes, Michalos.
A consumer proposal is the only legal, safe option to settle your debts for less than you owe because a settlement through a licensed insolvency trustee:
a b c d e f g h i j k l m n o p q r s t u v w x y z