A Licensed Insolvency Trustee is a debt professional, specifically licensed to handle bankruptcies and Consumer Proposals and to provide advice on debt options to all Canadians. How exactly do they do that? Here’s a quick overview: Licensed Insolvency Trustees meet...
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How to Find a Licensed Insolvency Trustee in Canada
If you are in financial trouble and struggling to make meaningful payments on your debts, you might consider consulting with a Licensed Insolvency Trustee. A Licensed Insolvency Trustee can provide you with a summary of your options, including debt consolidation and...
How to complete monthly forms
Completing your Monthly Income & Expense Reports The first step in completing your report is to gather evidence of your income and expenses. You will need all paystubs and any receipts you have collected. You may find it helpful to login to your banking app, and...
Can you change a Consumer Proposal?
Changing a Consumer Proposal I filed a Consumer Proposal, and now I’ve lost my job. What can I do if I can’t keep up the payments on my proposal? A Consumer Proposal is a popular alternative to bankruptcy, which will let you combine payments on your unsecured...
What is the role of a Licensed Insolvency Trustee
What is a Licensed Insolvency Trustee & How do they help? If you wonder what the role of a Licensed Insolvency Trustee is, and how they can help those in financial trouble, you are not alone. Licensed Insolvency Trustees were previously called “Bankruptcy...
Is a Consumer Proposal worth it?
What is a Consumer Proposal We often hear the question, “Is a Consumer Proposal worth it?” Let’s define exactly what a Consumer Proposal is. Per the Office of the Superintendent of Bankruptcy (the OSB) they define it as follows. “A consumer proposal is a formal,...
Does a Bankruptcy Matter if I want to file a Consumer Proposal?
I want to file a consumer proposal, but my Trustee keeps talking about what happens in a bankruptcy? Does a bankruptcy matter if I want to file a Proposal? Why? We get this question all the time. ALL the time. If you aren't sure why a bankruptcy matters if you want to...
Need to apply for Debt Consolidation, Credit Counselling, or see a Bankruptcy Trustee in Yellowknife?
Bankruptcy, Debt Consolidation and Credit Counselling Considering bankruptcy in Yellowknife? What about debt consolidation or credit counselling? Are either of those good options to deal with debt? A Licensed Insolvency Trustee (LIT) – formerly known as a Bankruptcy...
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Get debt help by contacting C. Buhler & Associates Ltd. Licensed Insolvency Trustee today.