Personal Bankruptcy Trustees are all licensed by the Canadian Government following a stringent period of study and examination. They are also the only professionals licensed by the Government to assist you with proposals to your creditors and with bankruptcy filings.
Bankruptcy Trustee Qualifications
Bankruptcy trustees are required to go through extensive training in order to become licensed trustees.
This consists of:
- University degree and a three-year bankruptcy and bankruptcy law course before they can be licensed
- Bankruptcy trustees learn about personal finance, interest, and debt management to help counsel their clients.
- Continuing education courses to stay abreast of changing laws.
- The main job of the trustee is to ensure that everyone in the bankruptcy—including you and your creditors—are handled fairly and in accordance with bankruptcy law in Canada.
- Bankruptcy trustees are federally regulated and are subject to a strict code of ethics.
- If you are unsatisfied with your trustee and have a dispute to settle, there is a specific process in place for consumers.
- Initial consultation is free.
Find a Canada bankruptcy trustee near you.
- Trustee in Bankruptcy and Canada Bankruptcies Explained
- Top Five FAQ Bankruptcy Trustees Can Answer
- Why Some Fail to Get Free Advice from Bankruptcy Trustees in Calgary
- Other Bankruptcy Trustee Articles
Other Trustee Resources