1 / 2

Why Financial Advisors Need to Know a Bankruptcy Trustee

Letu2019s say you want to have a fresh start with regards to your financial status and have filed for bankruptcy. One of the first people you must contact is a Victoria bankruptcy trustee or also known as a licensed insolvency trustee who will help oversee your case. Their main objective is to help deal with financial problems by providing legal debt relief to individuals and businesses.

debthelpbc
Télécharger la présentation

Why Financial Advisors Need to Know a Bankruptcy Trustee

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Why Financial Advisors Need to Know a Bankruptcy Trustee Let’s say you want to have a fresh start with regards to your financial status and have filed for bankruptcy. One of the first people you must contact is a Victoria bankruptcy trustee or also known as a licensed insolvency trustee who will help oversee your case. Their main objective is to help deal with financial problems by providing legal debt relief to individuals and businesses. The specialized accreditation and scope of knowledge that Licensed Insolvency Trustees possess is often a great complement to many financial professionals’ services. So as a financial advisor, you will not only need to have contacts with accountants, financial planners, lawyers and mortgage brokers but also a licensed insolvency trustee.

  2. Clients may present you with a number of different situations and debts they need to be solved, including but not limited to debts because of unpaid wages, landlords, credit cards, line of credits, loans, leases, income tax and more. The legal guidelines that surround debt help can be challenging for many financial advisors, and they find themselves having to face different aspects of debt management like credit rating impact of various debt relief strategies, options for dealing with tax debts and tax debt forgiveness and lastly how bankruptcy and consumer proposals will affect assets. Read More

More Related