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Podcast: DebtMatters Podcast
Episode: 22 - What Is a Licensed Insolvency Trustee and How Can They Help?
Description: As living expenses rise faster than income, many Canadians are facing a heavy consumer debt load. Choosing a debt advisor is an important step in debt recovery. The market is flooded with unlicensed and unregulated ‘debt consultants’ who charge a fee and then refer debtors to a Licensed Insolvency Trustee. In this podcast Licensed Insolvency Trustee, Derek Chase, explains in detail who these professionals are and what they do. Other topics cover are:Licensed Insolvency Trustees qualifications and educationWho protects the integrity of the insolvency processWhat a Bankruptcy lawyer does and the terms Chapter 7 and Chapter 11Financial Advisors and...