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Last updated: Over a year ago
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Bankruptcies-Trustees
About Yanch Dey & Associates
Insolvency & Bankruptcy Trustees for Oshawa and throughout Durham Region Go to full description...
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Email address:
YanchDey@gmail.com
Licensed Insolvency Trustees
As Licensed Insolvency Trustees or bankruptcy trustees, Yanch Dey & Associates are licensed professionals who assist individuals and businesses in overcoming financial difficulties, primarily through two methods: bankruptcy and consumer proposals.
Key responsibilities of insolvency trustees include:
1. Managing Financial Affairs: They take charge of the financial affairs of insolvent parties, ensuring fair and legal management.
2. Regulation and Oversight: Their operations are regulated by the Office of the Superintendent of Bankruptcy, a federal government agency, to maintain standard practices.
3. Government-Appointed Assistance: As appointees of the government, they are entrusted with administering bankruptcies and consumer proposals to aid people in resolving their financial challenges.
This role is essential in providing a structured and legal approach to financial recovery for those facing insolvency.