How to Become a Licensed Insolvency Trustee
For anyone who has filed for insolvency, including consumer proposal or bankruptcy, know that having a relationship with a Licensed Insolvency Trustee is an important step in the journey. In Canada, there are many options for debt relief programs. This can include debt consolidation loans, credit counselling or filing for insolvency. Depending on which option you decide upon will determine the amount of time that you will be enrolled, what percent of the debt you will owe back, and if you need to work with a Licensed Insolvency Trustee. What does a Licensed Insolvency Trustee do, and what certification do they go through? Let’s learn more below. This article was written in collaboration withBromwich + Smith, a dedicated team of Licensed Insolvency Trustees and Debt Relief Specialists. How do you become a Licensed Insolvency Trustee? To be eligible for admission to the Chartered Insolvency and Restructuring Professional (CIRP) Qualification Program (CQP), individuals must: LIT Certification Process Once they are accepted
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