A licensed insolvency trustee (LIT) is the only regulated professional in Canada who can manage bankruptcy filing or consumer proposals. […]
What Is the Role of a Licensed Insolvency Trustee in Bankruptcy?
When to Ask a Licensed Insolvency Trustee for Help
Credit card debt, given their high interest rates, can quickly become a financial burden if not managed properly. Plus, other debt can pile up and cause your credit score to take a hit. For some, refinancing this situation, if left in arrears, becomes a major hurdle to overcome. Seeking the help of a licensed insolvency […]
Bankruptcy vs. Consumer Proposal: What’s the difference?
Reducing or getting out of debt altogether can be a difficult decision. Sometimes, it can feel like overcoming decision making inertia. Many people assume they must declare bankruptcy if their debt is too difficult to manage. However, bankruptcy is not your only option for relieving debt. A consumer proposal may be the right solution for […]
