Frederic Lachance CIRP, LIT

Senior Vice-President

Servicing:


  • T: 5142287773
  • TF:  
  • F: 5149329195
  • 1010 Rue de Sérigny
    Bureau 800 Longueuil , QC , J4K5G7


<p><strong>Frederic Lachance, CIRP</strong>, is a Licensed Insolvency Trustee, and has acquired over 18 years of experience working extensively in personal and corporate bankruptcies before joining the MNP team. Frederic works closely with clients to offer customized strategies in restructuring, as well as personal and corporate bankruptcies.</p>
<p>A specialist in personal and corporate proposals, Frederic&rsquo;s clients range from various backgrounds, including the construction, catering, retail, and manufacturing sectors. Prior to joining MNP, in his predecessor firm Frederic acted as executive director of the Insolvency Department and was instrumental in expanding the department from one office to over 20 offices throughout Quebec.</p>
<p>Frederic worked as an administrator in bankruptcy before obtaining his Trustee license in 1995 and becoming a Bankruptcy Trustee. He obtained a Bachelor of Commerce from Concordia University in 1991, and also holds his Chartered Insolvency and Restructuring Professional (CIRP) accreditation.</p>

Recent Blogs

 

 

Home equity lines of credit (HELOCs) have emerged as one of the biggest contributors to the growth of household debt in Canada, particularly in markets where real estate values have surged over the last decade. The latest data from the Office of Superintendent of Financial Institutions (OSFI) shows that the balance of loans secured by residential real estate has reached another record high of 269 billion in June.

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A new survey conducted by Ipsos on behalf of MNP LTD, shows 4 in 10 Quebecers (41%) say they would be embarrassed to get help if their financial situation was bad enough to consider Bankruptcy. Nearly 3 in 10 (28%) survey respondents say that the stigma surrounding Bankruptcy prevents them from seeking help.

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The number of consumer insolvencies per thousand residents in Montréal, aged 18 years or above, decreased to 4.9 in 2018, continuing the downward trend since 2016.

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