My Responsibilities to the Trustee if I go Bankrupt?
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.
Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years.
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