2008-11-25
In order to answer this question, I’ll start with the dictionary definition of “fiduciary.” Fiduciary means a person who is in a position of power with regard to the property of another such that the law requires him to act solely in the interest of the person he represents. So your question would technically be “Does the Trustee act solely for the Bankrupt? The answer to that would be…..no. In administering a bankruptcy, the Trustee must follow the federal Bankruptcy & Insolvency Act. In doing so, various stakeholders can become involved: - the creditors - the Superintendent in Bankruptcy - the public interest - the bankrupt individual themselves If you have a specific situation, don’t hesitate to contact us to review. Donna Carson, CGA, CIRP, Trustee Calgary, Airdrie, Drumheller regions 403.537.7657 or 1.877.500.0792 [email protected]
2025-03-05
MNP Consumer Debt Index Lifestyle Debt Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).
2025-03-05
MNP Consumer Debt Index Lifestyle Debt Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, two in five Atlantic Canadians acknowledge they need help to get out of debt (43%).
2025-03-05
MNP Consumer Debt Index Lifestyle Debt Debt Solutions
According to a new survey conducted by Ipsos on behalf of MNP LTD, three in 10 (29%) Saskatchewan and Manitoba residents acknowledge they need help to get out of debt.
