Announcement – New Designation for Insolvency Professionals

Announcement - New Designation for Insolvency Professionals On December 2, 2015 the Office of the Superintendent of Bankruptcy Canada released Directive 33, Trustee Designation and Advertising, updating the designation to be used by Licensed Trustees with regards to the advertisement, promotion and communications related to Read More...

2016 Surplus Income Standards

2016 Surplus Income Standards On February 23, 2016 the Superintendent of Bankruptcy recently released the new standards for the calculation of surplus income for bankrupt individuals via Directive No.11R2-2016.   When an individual files for personal bankruptcy the trustee will calculate whether or not he Read More...