Managing agent's mandate
An ally at every
step of the way
Find out what a trustee can do for you.
You’ve heard of a licensed insolvency trustee, but you’re not sure how he or she can help you?
If your financial difficulties are causing you anxiety, if calls from creditors are piling up, or if you’re afraid of losing your assets, a trustee can help you regain control of your situation.
Four key points about
the managing agent
Explore the four fundamental aspects of a trustee's role and discover how it can transform your financial situation.
An expert who listens to your debt situation
Formerly known as a “trustee in bankruptcy”, the Licensed Insolvency Professional is an expert recognized by the government. Their role is to advise and support you through a stressful and difficult debt situation. The BRESSE team listens to you without judgment, establishes a clear diagnosis of your financial situation and presents you with the solutions available to you.
A neutral third party to protect you
A trustee is an officer of the court with the power to protect you from most debt-related claims. He acts as a neutral intermediary between you and those to whom you owe money, and takes the necessary steps to ensure that your rights are respected. It also prevents you from losing all your assets.
A professional you can trust
To work in the insolvency field, you need to have completed specialized studies and acquired experience to obtain a government-issued license. This process ensures that professionals have the knowledge required to support you effectively. In addition, maintaining this license requires compliance with high standards of transparency, rigor and ethics. With over 25 years’ experience, our professionals are able to offer you support you can trust.
The only person who can administer a bankruptcy or proposal is
If your debt situation becomes critical, it’s essential to act quickly by choosing effective solutions to protect yourself and slow the deterioration. In this context, a proposal or bankruptcy can quickly suspend your creditors’ seizures and offer you immediate protection. These procedures, which can be put in place in as little as a day, must be administered by a licensed insolvency trustee.
Cases like yours
Your case is a common one. Thousands of people have been through it before.
You're entitled to a second chance.
Debt to government
Progressive indebtedness results from the slow accumulation of debt due to recurring deficits or insufficient financial management, which weakens the company’s financial health.
Lack of liquidity
Liquidity shortages often occur during significant changes such as rapid growth, a market shift, or the loss of a major client. Financial obligations accumulate while available resources decrease.
Legal proceedings
When a company is subject to a seizure or judgment, its accounts can be frozen, its assets seized, and its operations halted, rapidly worsening an already precarious financial situation.
Decline in sales
A significant drop in revenue compromises a company’s stability. Whether it results from the loss of clients, an economic slowdown, or increased competition, it requires a swift response to minimize the impact.
Solutions to debt
What you're going through, others have gone through too... and there are solutions. You're entitled to a second chance.
Informal agreement with creditors
A negotiated settlement with your creditors, without resorting to the Bankruptcy Act, is sometimes possible. The trustee becomes a valuable ally.
Consumer proposal
Avoid bankruptcy, make a single payment to your creditors, and keep all your assets.
Personal bankruptcy
Personal bankruptcy may be the most suitable solution. Your trustee will support you in protecting your assets and starting fresh.