Licensed Trustee in Bankruptcy - Serving Clients Throughout British Columbia

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Frequently Asked Questions

What Does An Examination With The Official Receiver Involve?

<p>The Official Receiver may send you a notice instructing you to appear before him or her for an examination under oath. The Official Receiver will then ask you a number of questions about the causes of your bankruptcy, your conduct, the recent disposition of any of your property, and the nature of your debts.</p>

<p>An Official Receiver is a representative of the Federal Government’s “Office of the Superintendent of Bankruptcy”, who oversees the administration of bankruptcies and proposals in Canada.</p>

<p>Examinations are not conducted in many bankruptcies. They will generally be called for in larger or more complicated bankruptcies or where fraud may be suspected, or in the case of a repeated bankruptcy.</p>

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DISCLAIMER
All of the information on this website is provided as general information to those seeking general answers to their questions.

This information should not be construed as professional advice.

Every insolvency situation is different and the outcome of each will very depending on its unique circumstances.

Do not rely on this information, or take any steps which are based upon this information without first seeking professional advice.

To obtain specific professional advice a questionnaire must be completed and a personal evaluation conducted by our Trustee.