Toronto Bankruptcy Trustees – Trustee in Bankruptcy Toronto
Richard Killen & Associates are Toronto Bankruptcy Trustees or also called a Licensed Insolvency Trustee or a Trustee 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 or bankruptcy Trustees in Toronto. 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 Trustees can negotiate with your creditors in a personal bankruptcy or a consumer proposal in Toronto.
Searching about bankruptcy trustee Toronto 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 the 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.
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 in 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 to for a consultation and it gives you an opportunity 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 Trustees, 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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