Unethetical Conduct by Trustee??
When I filed for bankruptcy in Ontario in January 2006, the trustee informed me that they have no interest in the rental property as they feel that it did not have any equity if it were to be sold. The trustee maintained this position while secretly assigning themselves to the deed. I have communicated numerous times with the trustee prior to being discharged and at no time did they informed me that they are changing their mind and will take osession of the property. I continued to make payment on the property and after being discharged, I found out that I was no longer the legal owner. The trustee was the owner.
They became the legal owner 5 months after I filed for bankruptcy.
I only found out that i was no longer the legal owner of the property only when I went to a lawyer to transfer the property to my spouse after being discharged.
Do I have any recourse in pursuing action against the trustee?
If you feel you have been wronged or mislead by a trustee there is recourse. The best place to contact is the Superintendent of Bankruptcy and express your concerns. Alternatively if they are a member of the Canadian Association of Insolvency Professionals then you could also consider making a complaint to them as well.