How Can a Licensed Insolvency Trustee Help Me?
You might have heard the term Trustee, or LIT before, but are unsure exactly want an LIT does.
A Licensed Insolvency Trustee (LIT) is a financial recovery professional, licensed by the federal government, to assist individuals and businesses with their debt problems. LIT’s fees are regulated by the government and they are the only professionals that can file a consumer proposal or a bankruptcy on your behalf.
But, what does all of this mean?
It means, if you are losing sleep at night because of your debts and don’t know what to do or where to begin, an LIT can help you find a solution. An LIT will meet with you, learn about your situation, listen to your needs and help you make an informed decision on how you should deal with your debts.