2025-04-16
How sustainable living can help you save money and reduce food waste
Alternatives to Bankruptcy Bankruptcy
How can you reduce food waste? These strategies can help benefit both the environment and your bank account.
Trustees Duties
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]
Latest Blog Posts
2025-04-16
What is the connection between mental health and debt?
Alternatives to Bankruptcy Bankruptcy
How can you improve your mental and financial health? These four simple steps can help support your mental and financial well-being.
2025-04-14
Three quarters of New Brunswickers have cut spending or postponed major purchases
MNP Consumer Debt Index
Three-quarters (76%) say they have cut back on spending due to economic uncertainty — more than those in any other province.
