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Richter Advisory Group Inc. 181 Bay Street, 33rd Floor Toronto, ON M5J 2T3 www.richter.caCourt File No. CV1860305400CLSIXTH REPORT OF RICHTER ADVISORY GROUP INC., IN ITS CAPACITY AS MONITOR OF ARABLE
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Licensed insolvency trustees are professionals authorized by the government to administer bankruptcies and proposals under the Bankruptcy and Insolvency Act. They help individuals and businesses navigate their financial difficulties.
Individuals and businesses facing insolvency or financial distress are required to file with a licensed insolvency trustee.
To fill out the necessary documentation with a licensed insolvency trustee, you typically need to provide financial information, a list of creditors, and any relevant supporting documents. The trustee will guide you through the completion of the forms.
The purpose of licensed insolvency trustees is to provide assistance and guidance to those in financial trouble, ensuring compliance with legal requirements while helping to resolve debts through bankruptcy or proposals.
Information that must be reported includes personal financial details, assets, liabilities, income sources, and a detailed list of creditors.
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