The Bankruptcy Trustee of Ottawa: Existence and Role

bankruptcyBankruptcy trustees usually refer to corporations or individuals that are legally permitted to provide or supply the existing property of a bankrupt individual among the creditors or who can hold this property in trust. The bankruptcy trustees Ottawa professionals are entrusted with the duty of calling the creditors first meeting for a number of reasons. The officials are entitled to the duty of licensing the bankruptcy trustee and granting them the permission for property distribution.

Roles and Responsibilities of a Bankruptcy Trustee

Once the bankruptcy trustee has got the legal right to access the bankrupt individual’s assets and properties, everyone having a stake in this property must transfer the assets to the bankruptcy trustee. It’s the duty of the trustee to help the bankrupt individual to submit and prepare a consumer proposal for creditors and must prepare the credit or debit counselling. They have to work according to the rules of the Bankruptcy and Insolvency Act and are bound by its procedures. The trustee has the full right to oppose the discharge of the bankrupt individual and has to prepare the pre-discharge letter of this person. They have the responsibility of calling meetings of creditors.

Is the Bankruptcy Trustee on Your Side?

The bankruptcy trustee is neither on your side nor the side of the creditor. He/she acts simply as a middle man and takes the role of the administrator in all the proceedings. If you have hired a knowledgeable bankruptcy attorney who is looking out for your case, then you will see that your case is settled the way you were hoping it would. This trustee will act as the representative of the court in any case of bankruptcy. The individual who files a bankruptcy must provide correct information else he/she might face criminal charges.

No Comments Categories: General Posts Tags:

How do Courier Services help to Make your Life Simple?

Courier Services

During our childhood, we would have noticed our parents or grandparents using postal services for sending and receiving goods. The trend has completely changed now. In the present scenario, the courier and shipping companies are offering first class services to deliver goods from one location to another.

No matter you wanted to send the goods to another city, state, country or island, the courier professionals will deliver in the same condition you give them. If you need to deliver packages or parcels on an urgent basis, then you have to contact the leading courier agents. Eshipper provides international shipping and transportation solutions for all your needs. They provide services for individuals, and also for large corporate.

Do you know the real reason for the success of online stores? Well, it is because of courier and shipping services. Imagine you order your favorite clothes or necessary groceries in an online store. How will it get delivered? The courier professionals ensure to track your order and deliver it safe to your doorsteps.

Speedy delivery process

If you want to send some parcel or documents on an urgent basis, or on that particular day, then you have to approach the courier agency. They operate even in remote areas. The charges will be according to the weight of goods and place of transportation. If in case you wanted the goods to be delivered on the same day, the charges could be slightly expensive. But it is worth for their service. You can leave the goods to them and remain in peace. They will deliver your goods as promised.

Sending sensitive information

Most people think that if they send the goods through courier it can get lost or get damaged. But at present, the courier agencies have become very strict which they scan and ensure to deliver without any damages. If the customer finds the goods lost or stolen, they can complain and ask the company to pay for the loss.

No Comments Categories: General Posts Tags: