How Do I Find a Licensed Insolvency Trustee in Kelowna?

How Do I Find a Licensed Insolvency Trustee in Kelowna?

In Canada, only a Licensed Insolvency Trustee can file a consumer proposal or a bankruptcy for you. So the first step in finding help is making sure the person you're talking to is one.

I'm Doug Thode, a Licensed Insolvency Trustee and Chartered Insolvency and Restructuring Professional in Kelowna, helping people across the entire province of British Columbia and the Yukon, from Vancouver and Victoria to Kamloops and Prince George. I've been doing this since 1990.

How to check

Licensed Insolvency Trustees are federally licensed and regulated by the Office of the Superintendent of Bankruptcy. The Office publishes a directory of licensed trustees, so you can confirm a name before you share any financial details.

Credit counsellors and debt settlement companies

Be careful with credit counsellors and debt settlement companies. They can be helpful in some situations, but they cannot file a consumer proposal or a bankruptcy, and they are not trustees.

Three questions to ask when you call

Are you a Licensed Insolvency Trustee? Who will I actually speak with about my file? And what are all of my options, not just one?

Related questions

How long does a consumer proposal last in Canada? Up to five years, and many people finish sooner by paying early.

Can I include CRA tax debt in a consumer proposal in BC? Yes, it can generally be included along with your other unsecured debts.

Will I lose my house or car in a consumer proposal? Generally no, because a consumer proposal deals with unsecured debts.

What is the difference between a consumer proposal and bankruptcy? Both are filed through a Licensed Insolvency Trustee, and the right choice depends on your debts, income and assets.

Whether you're in Vancouver, Victoria, Kelowna, Kamloops, Prince George or anywhere else in British Columbia, you can start with a conversation. Call 1-866-712-5353 or visit outofdebt.ca.