Is there a Difference Between Trustees and Lawyers?
A trustee is licensed by the federal government who is an official that works with specific insolvency issues. Most trustees are chartered accountants and have experience in helping people and businesses with finical solutions. Bankruptcy lawyers are solicitors that are experts in insolvency law. Lawyers are not usually required in most standard cases. However, that may be required if a bankruptcy filing has several discrepancies.
If you are overwhelmed with a financial crisis, J.P. Graci & Associates Ltd can help! Call us now at 519-753-7361.
MORE QUESTIONS
Do I qualify for bankruptcy? How long will I be bankrupt? How much will it cost? How will my credit rating be affected? If I declare bankruptcy, will I lose everything? Should I declare bankruptcy? Will I still be responsible for some debts after filing for bankruptcy? Does Filing for Bankruptcy in Canada Affect My Spouse? What is a bankruptcy discharge and the process involved? What is the OSB and what are their responsibilities? If I file a proposal or declare bankruptcy, what happens to my credit rating? What happens if my creditors vote against accepting my consumer proposal? Can I leave some creditors out of my consumer proposal? How Do I Get a Mortgage After A Consumer Proposal? Can a student with a government student loan go through bankruptcy or get a consumer proposal?
