Trustees in Bankruptcy
A trustee in bankruptcy is a person licensed by the Superintendent of Bankruptcy to administer proposals and bankruptcies and manage assets held in trust. The trustee can give a debtor information and advice about both the proposal and bankruptcy processes and make sure that both the debtor's rights and the creditor's rights are respected.
The following links to information and services are provided to answer the particular needs of trustees and to help them find the information they need quickly and easily.
Insolvency Reform
This section contains background information about insolvency reform and how we are working hard to make the process work better for you. You may also be interested in reading the following reports:
Professional Conduct
This section describes the process for decisions affecting a trustee's license, a listing of decisions and conservatory measures taken, and other valuable information for trustees.
Conservatory Measures
The most recent measures imposed by the Office of the Superintendent of Bankruptcy to constrain the activities of trustees under review for failing to meet the standard for services to be provided by licensed bankruptcy trustees.
Insolvency Name Search
A searchable database of bankruptcies and proposals filed since 1978 in Canada. Use this database to find out if an organization or person has a history of bankruptcies or proposals. If so, you will also get the trustee's name and firm.
Notices toTrustees
When new information that directly relates to trustees and their duties becomes available, it is broadcast to all licensed trustees and posted in this section. A listing of recent and archived communications to trustees can be found here.
Licensing
This section provides information on licensing policy, how to make changes to a trustee licence and how to renew a trustee licence online.
How to Become a Trustee
This section outlines the process and criteria set out by the Office of the Superintendent of Bankruptcy for obtaining a trustee licence.
Trustee Directory
The Trustee directory allows you to search for licensed trustees by name, company, city or province.
E-filing
An online service for trustees and proposals administrators from the Office of the Superintendent of Bankrutpcy that makes the filing summary and ordinary bankruptcy administrations as well as Division I and II proposals fast, easy and convenient.
Corporate and Insolvency Law Policy Directorate (CILPD)
The CILPD is responsible for legislative-policy development and the review of a number of Canada's insolvency statutes. Some of its sites that may be of interest to you include:
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Acts and Rules
This page contains direct links to the bankruptcy and insolvency acts, rules and policies.
Directives, Circulars and Forms
This page links to documents that inform trustees about the procedures and the forms required for the different types of bankruptcy and insolvency claims.
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Other important links for trustees
From the Publications and Reports section on the OSB website:
You may want to also see these related documents and websites:
Note: to read PDF documents, you need
Adobe Acrobat Reader on your system.
If you encounter any difficulty in accessing the content on this or any other page please
contact us for assistance.
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Bankruptcy
