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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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switch trustee

I am in a consumer proposal with a trustee, if I am going to file bankruptcy in another trustee, in other words, switch to another new trustee, am I allowed to do so?

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One Response to “switch trustee”

A licensed trustee said...

You have the right to file an assignment in bankruptcy with whatever trustee you prefer (assuming they agree to take you as a client). You are not required to use the same trustee that is/was handling your proposal.

For the other folk that may be reading this post, the reverse is not true. If you have filed bankruptcy and want to file a proposal your trustee must consent to the filing. You cannot file a proposal (if your are laready bankrupt) without your trustee’s permission.