Why should I use a Licensed Insolvency Trustee in Ontario?

Training - Most trustees have a background in Accounting or with the Office of the Superintendent of Bankruptcy (OSB). To become a Trustee a person must complete a 3 year training program and pass several examinations including one oral examination.

Experience - Prior to being licensed a Trustee must have several hundred hours of experience.

Ethics - Trustees are required to conform to a stringent code of professional ethics

Regulated - All Trustees are regulated and licensed by the OSB, are subject to monitoring by the OSB.

Safe - and all monies paid by a bankrupt or debtor under a consumer proposal are placed in a trust account. All trust accounts are monitored annually by the OSB

Education - All Trustees have mandatory professional development requirements to ensure their education is up to date.

Verification - it is easy to verify who you are dealing with - see below

Licensed Insolvency Trustees in Ontario

It is important to know who you are dealing with.

All Ontario Licensed Insolvency Trustees are licensed by the federal government.

You can verify licensing by searching by firm name or the individual trustee's name on the government's website.

The Office of the Superintendent of Bankruptcy (OSB) oversees the licensing of trustees and maintains a registry of Trustees .

Find a Trustee in your city. Our subscribers have over 160 offices in over 130 cities across Canada.