Licenced Insolvency Trustees at Harris & Partners
Whether you’re struggling with personal or business debt, you can count on our Licenced Insolvency Trustees to find you a way out.
Safe, secure & confidential
What is a licensed insolvency trustee?
Licensed Insolvency Trustees (LIT) are regulated debt specialists, providing debt relief advice and services to individuals and businesses who are struggling to manage debt.
Licensed trustees help others make good choices, providing solutions to get them out of financial difficulties.
3 steps to debt freedom with our Licensed Insolvency Trustees
Let’s sit down and talk about your money situation. Your comfort is our main priority, which is why we will always provide a safe space where you can talk openly and without judgment. We’ll need information on your debts, income and who you owe money to, just so we can give you the best advice available.
Once we understand the full picture of your money troubles, we will tailor a plan for your specific needs. We’ll look at all of the ways you can deal with your debt, only picking the options that are best for you and that you’re comfortable with. You will never be pressured into any decisions – it’s all about what you want and need.
Happy with the plan? Great – we’ll make it happen. We’re here to support you every step of the way, making sure you feel good about your money again. Your peace of mind is what we care about most.
What does a Licensed Insolvency Trustee (bankruptcy trustee) do?
A Licensed Insolvency Trustee will work with you to help you overcome your financial difficulties by offering debt-relief options. They help to counsel individuals and businesses on debt management, draft consumer proposals and negotiate debt settlements.
They review your situation and collect information
Licensed trustees will review your financial situation in order to determine the best course of action. They are there to help you consider all the options available to you, with bankruptcy remaining a last resort.
They notify creditors and review claims
Licensed trustees will notify your creditors and review all claims made, as well as become the administrator for the insolvency procedure. This is standard practice for the initial insolvency process for either consumer proposals or personal bankruptcy.
As your LIT will communicate with creditors on your behalf, you do not need to be concerned about receiving worrying or threatening phone calls from them.
They help you complete necessary documentation and obligations
An LIT will also help you complete any necessary documentation and obligations in relation to your debt relief solution to ensure that everything is done according to official practice.
Why consult a insolvency trustee?
There are a number of reasons why you should consult a licensed trustee. Licensed Insolvency Trustees help you overcome your debt problems:
They can give you all the options
An LIT can outline all your viable options after assessing your unique situation. You may be under the impression that declaring bankruptcy is your only solution to your financial woes. However, a specialised LIT can make sure that bankruptcy is a last resort, after considering all other possible alternatives.
They deal with creditors
An LIT will manage the relationship with creditors on your behalf. This means that negotiations and any legal proceedings will be managed by the LIT and unsecured creditors will not be able to take action against you.
They are qualified professionals
When choosing to consult an LIT, you know that you are in the hands of a qualified, experienced professional who will act in your interests. Debt can be a scary thing to manage and if you don’t really understand debt-relief processes, then an LIT can offer their expertise. Licensed trustees are regulated and authorised by the Office of the Superintendent of Bankruptcy (OSB).
They are regulated
LITs are subject to regulation and licensed by the Office of the Superintendent of Bankruptcy (OSB) and must comply with regulations as set out in the standards of practice and Code of Ethics for Trustees. This gives you peace of mind knowing that when you work with an LIT, they are overseen by an authority and you can take up any issues with them if necessary.
LIT fees are regulated
The federal government will oversee LIT fees for corporate insolvency and with an LIT, you will be charged less than using another form of debt relief agency. Licensed Insolvency Trustees tend to provide a free debt consultation as part of their service.
Harris & Partners give clients the option to book a free consultation and one of our specialists will take a look at your situation and find the solution.
Easy to find
It’s easy to find a Licensed Insolvency Trustee near you. Harris & Partners have offices based across Canada, offering debt solutions to individuals and businesses across the country.
Meet our licensed insolvency trustees across Canada
Our team of Licensed Insolvency Trustees have decades of experience in helping Canadians just like you overcome their debt challenges. Ready to find your way to financial independence? Get in touch today and we’ll support you every step of the way.
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Jay T. HarrisFCPA, CIRP, LITManaging Partner -
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Kyle HarrisLL.B., CIRP, LITChief Legal Officer -
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Adam FisherCPA, CIRP, LITChief Information Officer -
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Joshua HarrisBCOMM., MIB, CIRP, LITCEO -
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David AdamsLicensed Insolvency Trustee -
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Doug LoiselleLicensed Insolvency Trustee -
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Robert McLernonBComm, CIRP, LITLicensed Insolvency Trustee -
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Shelley KoehliLicensed Insolvency Trustee -
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Andrew BazelevskyLicensed Insolvency Trustee -
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Jill StruebyLicensed Insolvency Trustee
Local Insolvency Trustees: Building a Brighter Financial Future Together
Our Debt Management Solutions
Why Harris & Partners
Our Licensed Insolvency Trustees provide a customized service that could remove up to 80% of your debt and stress, so you can breathe easier.
Our multilingual team provides support in many languages, from Farsi and Portuguese to Italian and Tamil, leaving out complicated jargon, so you understand everything, every step of the way.
Want to speak to someone in person? Our team is on hand to help at a Harris & Partners office near you.
Who choose Harris & Partners as your Licensed Insolvency Trustee?
Harris & Partners is a specialist Licensed Insolvency Trustee offering debt relief solutions to individuals and businesses across Canada. Contact us for more information about our debt relief services or book a free confidential consultation today.
It's never too late to obtain debt help. Book your free consultation today
- Phone number
- 800-268-8093
- hello@harrispartners.ca
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