What Does A Trustee Do?

At Hudson and Co. our trustee’s will work with you to form a plan, walk you through it, and help you stick to it. In Canada, all bankruptcy claims must be filed through a trustee. Here are some steps, when filing for bankruptcy:

  • You inform the trustee of the things that you own and all the debts that you owe.
  • Control of your non-exempt assets is given to the trustee.
  • The trustee notifies your creditors of the bankruptcy.
  • A meeting with your creditors may be held.
  • The trustee realizes on the assets under his control and distributes funds to the creditors.

Click for more Information on Trustees.

Talk To A Professional:

Let us know how to reach you and we will get in touch to book a free consultation.

Talk To A Professional:

Let us know how to reach you and we will get in touch to book a free consultation.