Toronto Bankruptcy Trustees – Trustee in Bankruptcy Toronto

Richard Killen & Associates are Bankruptcy Trustees in Toronto and the Greater Toronto Area, we are also called Licensed Insolvency Trustees or Trustees in Bankruptcy in Toronto and are certified by the federal government’s Office of the Superintendent of Bankruptcy (OSB). They must complete the Chartered Insolvency and Restructuring Professional (CIRP) Qualification Program, the CIRP National Insolvency Exam, and the Insolvency Counsellor’s Qualification Course. In addition to this, they must pass an Oral Board of Examination.

The federal government requires successful completion of these requirements to ensure that you are dealing with Toronto bankruptcy trustees who understand Canada’s Bankruptcy and Insolvency Act. The OSB’s mission is to contribute to a fair and efficient marketplace by protecting the integrity of the bankruptcy and insolvency system for the benefit of investors, lenders, consumers, and the public.

The OSB works with an Advisory Committee of external professionals whose mandate is to provide advice on the OSB’s key business priorities to:

  • the Superintendent of Bankruptcy
  • the Assistant Deputy Minister, Small Business, Tourism, and Marketplace Services
  • the Deputy Minister, Industry Canada.

All types of people become Licensed Insolvency Trustees but you need to know who can help you in declaring bankruptcy. This is why it is important for you to feel comfortable with the person you are dealing with, that you feel they understand your circumstances and are working for you to help you resolve your debt issues. Only a Licensed Insolvency Trustee can negotiate with your creditors in a personal bankruptcy or a consumer proposal in Toronto.

Richard Killen & Associates Ltd Scarborough Incredible 5 Star Review by Ken Wells

Searching about Toronto bankruptcy trustees’ reviews can also help you narrow down your options. You can learn a lot by knowing what other people say about a certain trustee. This way, you can save time, money, and effort. Aside from reviews, you should also check for the ratings and history which you can easily do online or ask for recommendations from people you know. Be diligent when looking for a person or bankruptcy trustee to help you solve your debt problems. The OSB has an online registry of all Licensed Insolvency Trustees. You will find Richard Killen & Associates in the registry so you know you are dealing with a highly-trained and licensed insolvency trustee in Toronto.

Bankruptcy Advisor Toronto: What should you look for?

There are a lot of things to consider when choosing a trustee who can help you find the best solution for your financial problem. First, you need to make sure you can trust them. A trustee with the reputation of being honest is your perfect choice. They should also be dependable in guiding you to make the best options, are willing to serve you by responding to your needs right away, and can deliver a full service by devoting the appropriate amount of time and effort to helping you manage your financial situation.

Finally, look for a trustee with a highly regarded organization and experience in handling insolvency. This is such an important responsibility that they need to have a good set of credentials.

Drop into our Toronto office and meet our licensed insolvency trustees or book an appointment online. There is no charge for a consultation and it allows you to see if you’ll feel comfortable working with that person.

Our Toronto office of Richard Killen & Associates is at Danforth & Main, at the Main Street subway stop on the East/West Danforth line. We share office space with a legal firm that has been providing legal services to the area since 1941. Call us at 1-888-545-5365 or drop by our offices at 2600 Danforth Avenue, Toronto, ON M4C 1L3

For a leading Toronto Bankruptcy Trustee, a Trustee in Bankruptcy in Toronto, also known as a LIT, Richard Killen & Associates could be the most stress-relieving call you’ll ever make for debt relief.

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“Serving Toronto & the GTA for over 25 years.”



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    About Richard Killen & Associates

    Since 1992, Richard Killen & Associates, a Licensed Insolvency Trustee, have helped thousands of people resolve their financial problems. With 25 years experience in this industry, our president, Richard Killen, and the rest of our team understand the difficulties that honest people can sometimes find themselves in. This expertise makes it possible to provide you with a service that effectively deals with the issues.

    Serving the GTA for 25 years