What if a trustee company is not recognized by BBB?

November 13th, 2011 by Questions

I want to go to a trustee but am now concerned that when I looked up the company on the Better business bureau they are not accredited by the BBB. How do I know that if I file a consumer proposal it will be legal and done properly if the trustee isn’t on the BBB? Should I be concerned and choose another company. I decided to go to a trustee rathar than a company like Incharge to avoid the middle man but now I am concerned. Should I be? please advise

Posted from: Ontario


One Response to “What if a trustee company is not recognized by BBB?”

, A licensed trustee said:

The BBB (Better Business Bureau) is an organization of business people – it reports on its members. It may be that the trustee you are considering simply isn’t a member…

If you want to make certain you are dealing with a licenced trustee you should ask to see their lecence – most of us have them posted on our office walls. Alternatively, you may call the Office of the Superintendent of Bankruptcy and ask them if the firm you are thinkning about dealing with are trustees. If they are not the Superintendent will want to do something about them…

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