Sentences with phrase «only licensed trustees»

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.

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

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

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.

In addition, only a licensed Trustee in Bankruptcy is authorized to file a consumer proposal under the Bankruptcy and Insolvency Act.

That's because in Canada only a licensed trustee can file a consumer proposal or personal bankruptcy for you.

Not exact matches

All of this can only be administered by a licensed insolvency trustee.

By law, only a Licensed Insolvency Trustee may administer a consumer proposal.

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).

If someone needs a fresh start through a consumer proposal, this is something that only a licensed insolvency trustee can file.

A consumer proposal is regulated by because it can only be filed with a Trustee in Bankruptcy, who is licensed by the federal government.

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.

In Canada only a Licensed Insolvency Trustee can administer a consumer proposal, which is a procedure available under the Bankruptcy and Insolvency Act.

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.

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

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

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.

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.

Quick fact: Did you know that only a Licensed Insolvency Trustee (Trustee in Bankruptcy) can administer a consumer proposal or bankruptcy?

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.

You often repay less than the debt you owe and only a Licensed Insolvency Trustee can file a proposal on your behalf.

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.

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.

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

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.

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.

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.

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.

Both a bankruptcy and consumer proposal can only be made through a Licensed Insolvency Trustee or LIT.

In Canada, only a Licensed Insolvency Trustee can file a consumer proposal or bankruptcy.

If bankruptcy is your only option, a licensed trustee will help you administer the process.

A settlement agreement via a consumer proposal, filed through a licensed trustee, provides the creditor protection you need while you work out a plan with your consumer proposal administrator to not only combine all of your debts into one, affordable payment, but fully settle those debts for less than you owe.

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: