Sentences with phrase «trustee in bankruptcy»

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

The draft bill does not deal with trustees in bankruptcy, presumably because they are governed by federal law and the bill is a matter for state law only.

If you're considering personal bankruptcy as a debt solution, contact a local trustee in bankruptcy to find out more about how your tax refunds might be affected.

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

For this purpose «member» includes trustees in bankruptcy and other people who have been transferred shares by operation of the law.

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

I would suggest meeting with a local trustee in bankruptcy.

Following the case of Sands v Singh and others which was handed down on 22 March, the mood in trustee in bankruptcy circles has been quite upbeat.

Although TLATA 1996 changed the law in respect of co-owned land and secured creditors (see Mortgage Corporation v Shaire) the insertion of s 335A (3) into IA 1986 reflected the existing legal situation in respect of applications made by trustees in bankruptcy.

A week later, the second case Mr Mark Sands (as Trustee in Bankruptcy of Mr Tarlochan Singh) v Mr Tarlochan Singh & Others [2016] EWHC 636 (Ch), [2016] All ER (D) 209 (Mar) revisited (along with other matters) the issue of whether a sealed financial order and a consequential deed of trust dealing in the former matrimonial home could be set aside on the basis that it was either a transaction at an undervalue for the purposes of s 339 of IA 1986.

When Redwater was unable to repay the loan, ATB appointed Grant Thornton LLP (GTL) first as Receiver and subsequently as Trustee in Bankruptcy of the estate of Redwater.

The set also provides advice in bankruptcies and individual voluntary arrangements, with instructions coming from trustees in bankruptcies and spouses with an interest in the family home.»

The company's trustee in bankruptcy sought to disclaim the bankrupt's interest in those wells but to sell the valuable assets, which the Alberta Energy Regulator opposed.

The ministry filed a proof of claim with IQT Ltd.'s trustee in bankruptcy for amounts owing to employees.

Today I sat down with Scott Schaefer, Chartered Accountant, Consumer Proposal Administrator, and Trustee in Bankruptcy at Hoyes, Michalos and Associates to discuss the roles of specific parties during a bankruptcy and consumer proposal.

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.

On Friday, the U.S. Trustee in the bankruptcy case of GSC Group Inc, filed papers alleging that law firm Kaye Scholer and...

All proposal administrators in Canada are also trustees in bankruptcy.

Court of Appeal hearing due April 2016 — in the light of the April 2015 pension flexibilities, this is an important forthcoming decision on whether trustees in bankruptcy can oblige bankrupt individuals to access DC funds under the new flexibilities, to enhance creditors» returns.

Moreover, ss 292 and 297 of IA 1986 ought not to be construed so as to preclude the court from using its general powers, in relation to bankruptcy or compulsory liquidation, to appoint a new trustee in bankruptcy or liquidator upon removing such an office holder under s 298 or s 172.

He advises and represents trustees in bankruptcy, liquidators and corporate and individual clients in insolvency matters.

There are several different «debt service» providers working in Canada, such as debt settlement agents, or not - for - profit credit counsellors — however, the federal and provincial governments only legally support the options that a Licensed Insolvency Trustee (former Trustee in Bankruptcy) can conduct.

Today we meet with Hoyes, Michalos & Associates Inc., our local trustee in bankruptcy providing debt management advice for individuals who may need to file for bankruptcy or a consumer proposal in Southwestern Ontario.

But if your debt is crippling you and you have the credit available, I'd say look into it and plan it carefully, and after you've flipped the debt, make an appointment with a credit counsellor for a referral to a friendly trustee in bankruptcy.

Let one of our expert, local, trustees in bankruptcy review your situation and explore the cost of all the Ontario debt management options available to you.

Contact your local Licensed Insolvency Trustee (formerly Trustees in Bankruptcy) by calling 310-4321, visiting our nearest location for a free consultation, or completing our free assessment form online.

~ Trustees in bankruptcy may pursue claims on behalf of the bankrupt estate, including those brought by creditors that accrue to the benefit of all creditors, but may not pursue the claims of individual creditors that benefit them individually.

«Old form» possession orders — danger of BREACH Trustees in bankruptcy and the jitters

Remarriage after a lump sum New allocation questionnaires Blow to trustees in bankruptcy Probate war signalled Insolvency deposits rise

Whether and to what extent trustees in bankruptcy (TiB), appointed to manage a bankrupt person's affairs, have the right to obtain documents which are subject to legal professional privilege, has been addressed by Mr Justice Arnold in the Chancery division of the High Court.

Yarwood v Yarwood's Trustee in Bankruptcy [2010] EWHC 2272 (Ch); [2010] 3 F.C.R. 311; [2010] B.P.I.R. 1443; (2010) 154 (36) S.J.L.B. 33; [2010] N.P.C. 93 A claim to set aside a transfer of property pursuant to an agreement made as part of an ancillary relief claim prior to the presentation of a bankruptcy petition but performed after the petition was presented.

He represents financial institutions, corporate and partnership debtors, creditor committees, equity holders, secured and unsecured creditors, lessors, and trustees in bankruptcy proceedings, litigation and workouts.

Ben has also recently been engaged by the Office of the Superintendent of Bankruptcy Canada to serve as oral board examiner of prospective Trustees in Bankruptcy and Administrators of BIA Proposals.

It does not give legal advice, and does not replace advice from other professionals, such as a credit counsellor, licensed insolvency trustee in bankruptcy, or mortgage advisor.

Some of the same questions face trustees in bankruptcy or others who need to identify and realize the value of assets that are located or traceable only online.

Hatwood says: «The implications of the decision were substantial and could have led to trustees in bankruptcy going through their filing cabinets to find other cases where orders made in the divorce proceedings could be set aside.

Negotiations with trustees in bankruptcy, liquidators and administrators (what we call «office holders») including negotiation with and advice in relation to the office holder's rights.

We tackle two topics about timing your bankruptcy on today's podcast: Ian Martin, a Chartered Accountant and Trustee in Bankruptcy at Hoyes Michalos, explains how a tax refund or tax debt may impact what time... Read more»

Fiona Rushmer v Paul Atkinson (as Trustee in Bankruptcy of Duncan Rushmer)[2015] EWHC 3720 (Ch).

We also represent other Chapter 7 trustees in bankruptcy cases throughout Utah and Nevada, assisting them in all aspects of their duty to investigate and recover assets for creditors and enforce bankruptcy law.

The High Court has considered a recent Court of Appeal ruling on whether trustees in bankruptcy should be able to deploy privileged documents in the discharge of their duties.

Section 303 (2) of the Insolvency Act 1986 (IA 1986) empowers the court to appoint a new trustee in bankruptcy, which enables it to replace a trustee removed under s 298.

Contact your local Trustee in Bankruptcy by calling 310-4321, visiting our nearest location for a free consultation, or completing our free assessment form online.

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.

Isaac Jacob and Conn MacEvilly appeared for the successful Appellant before the Privy Council in Prime Sight Limited v Edgar Lavarello (Trustee in Bankruptcy of Benjamin Marrache)[2013] UKPC 22, an important decision on estoppel by convention.

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.

Today I talk with Leigh Taylor, Trustee in Bankruptcy and President of LC Taylor in Winnipeg and Northwestern Ontario.