Licensed Insolvency Trustee – A new name in 2016

Commencing April 1, 2016, insolvency professionals such as G. Slocombe & Associates Inc. will be officially known as Licensed Insolvency Professionals. This replaces the previous title of Licenced Trustee in Bankruptcy and recognizes the broad range of expertise, advice and service typically provided by Trustees.

With increasing numbers of Consumer Proposals being filed by Canadians it was certainly time for our name to reflect the full package of services that Licensed Trustees provide.

The new “Directive No.33, Trustee Designation and Advertising” issued by the Office of the Superintendent of Bankruptcy can be found here.