My Responsibilities to the Trustee if I go Bankrupt?
The website of the Office of the Superintendent of Bankruptcy describes the primary duties of the debtor as follows:
- disclose all of his or her assets (property) and liabilities (debts) to the trustee;
- advise the trustee of any property disposed of in the past year;
- surrender all credit cards to the trustee;
- attend the first meeting of creditors (if a meeting is requested by the creditors);
- attend two counselling sessions;
- advise the trustee in writing of any address changes;
- attend an examination at the Office of the Superintendent of Bankruptcy, if required; and
- generally assist the trustee in administering the estate.
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