{"id":2188,"date":"2016-03-23T21:00:45","date_gmt":"2016-03-24T01:00:45","guid":{"rendered":"http:\/\/www.irasmithinc.com\/blog\/?p=2188"},"modified":"2019-09-12T11:22:42","modified_gmt":"2019-09-12T15:22:42","slug":"bankruptcy-experts-in-on","status":"publish","type":"post","link":"https:\/\/irasmithinc.com\/blog\/bankruptcy-experts-in-on\/","title":{"rendered":"#VIDEO &#8211; BANKRUPTCY EXPERTS IN ON:  TOP REASONS WHY OTHERS CALL US THAT#"},"content":{"rendered":"<p>[monkeytools msnip=&#8221;http:\/\/monkeyplayr.com\/playr.php?u=5173&amp;p=20280&#8243;]<\/p>\n<h2 id='who-says-you-qualify-as-bankruptcy-experts-in-on'  id=\"boomdevs_1\"><span style=\"color: #00ccff;\">Who says you qualify as bankruptcy experts in ON?<\/span><\/h2>\n<p><a href=\"http:\/\/www.irasmithinc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Ira Smith Trustee &amp; Receiver Inc.<\/a> is a licensed insolvency trustee, licensed to practise in the Province of Ontario (ON). In our recent vlog, <a href=\"http:\/\/www.irasmithinc.com\/blog\/chch-tv-2\/\" target=\"_blank\" rel=\"noopener noreferrer\">#VIDEO: CHCH TV BANKRUPT: using shell companies legal but controversial experts say<\/a>, Sean O\u2019Shea, Global News, December 17, 2015, interviewed various experts on the CHCH TV bankruptcy. Mr. O\u2019Shea sought licensed insolvency trustees as his <strong>bankruptcy experts in ON<\/strong>, and the one he chose was our Ira Smith of Ira Smith Trustee &amp; Receiver Inc. We are also contacted by the Toronto Star when they wish clarification on insolvency issues for an article to appear in the newspaper.<\/p>\n<h2 id='so-why-are-we-sought-out-as-bankruptcy-experts-in-on'  id=\"boomdevs_2\"><span style=\"color: #00ccff;\">So why are we sought out as bankruptcy experts in ON?<\/span><\/h2>\n<p>Here is our list:<\/p>\n<ol>\n<li>We provide a free first consultation \u2013 Part of being an expert is professionalism. An expert licensed insolvency trustee will provide a free first consultation to prove expertise and to lay out all the possible options for the bankruptcy alternatives in addition to discussing the bankruptcy option.<\/li>\n<li>We have the necessary qualifications \u2013 Mr. O\u2019Shea checked us out with 3rd parties before determining that he would call our Firm as an expert. The reviews he received from those 3rd parties confirmed to him that he should call us as his bankruptcy expert. How do we know? We asked him why he called us as opposed to the many other licensed insolvency administrators in the GTA and he told us.<\/li>\n<li>We regularly appear in the Bankruptcy Court and the Commercial List Court \u2013 We attend normally representing the Trustee ourselves in Bankruptcy Court, and with counsel in the Commercial List Court. We communicate well with and are trusted by the insolvency bar, the Bankruptcy Court Masters and the Commercial List judges. We are up on the Canadian bankruptcy laws and regulations. To me, that is the mark of an expert.<\/li>\n<li>We always first consider the restructuring option \u2013 To me the sign of an expert is someone who understands the totality of their industry. An expert can assess a situation and provide the debtor with a range of options. Not all can be done and most of the time each comes with its own set of peculiarities, but we always put all the options on the table for the individual or corporate Director to consider. The amateur uses a cookie cutter with the same answer for every different situation. The expert thinks \u201cout of the box\u201d too. We always think \u201cout of the box\u201d<\/li>\n<li>When you deal with us, our licensed insolvency trustees are always accessible \u2013 No matter how small or large the mandate, you will always be able to discuss issues of concern with either Ira Smith or Brandon Smith, our two licensed insolvency trustees. To us, the expert is a professional, and never too busy to be reachable and accessible, no matter what day or time it is. You will find that we provide a great deal of education and information on our <a href=\"http:\/\/www.irasmithinc.com\/resources.html\" target=\"_blank\" rel=\"noopener noreferrer\">website<\/a>. We provide a great deal of <a href=\"http:\/\/www.irasmithinc.com\/faq.html\" target=\"_blank\" rel=\"noopener noreferrer\">bankruptcy information online<\/a>. That is also the mark of an expert and professional.<\/li>\n<li>How did you feel after meeting with us \u2013 The expert and professional always tries to be reassuring and provide recommendations on how to overcome the personal or corporate financial challenges, while not sugar-coating and always being realistic. That is how you will feel after consulting with us. You may not like what you hear, but it will be the best expert advice we can provide.<\/li>\n<li>Do you regularly practice in the insolvency area \u2013 Our practice is limited to the insolvency area. We do not do any other type of work. That is why others call us bankruptcy experts in ON. As a result, we know and can explain in layman\u2019s terms the Canadian bankruptcy laws.<\/li>\n<li>Our experience is in personal insolvency and <a href=\"http:\/\/www.irasmithinc.com\/blog\/?p=4755&amp;preview=true\">corporate insolvency<\/a> \u2013 Given the range of experience of our licensed insolvency trustees and other senior staff, <a href=\"https:\/\/wp.me\/p3GCvE-1dZ\" target=\"_blank\" rel=\"noopener\">Ira Smith Trustee<\/a> &amp; Receiver Inc. can handle all types of insolvency work from the smallest no asset consumer file to the large complex corporate restructuring under the Canadian Bankruptcy Act, either the <a href=\"http:\/\/laws-lois.justice.gc.ca\/eng\/acts\/B-3\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bankruptcy and Insolvency Act (Canada)<\/a> (BIA) or the <a href=\"http:\/\/laws-lois.justice.gc.ca\/eng\/acts\/C-36\/\" target=\"_blank\" rel=\"noopener noreferrer\">Companies\u2019 Creditors Arrangement Act (Canada)<\/a> (CCAA).<\/li>\n<li>Will you communicate in a prompt manner \u2013 Part of being a professional and expert is that we always communicate with stakeholders. It does not matter whether you are the party that referred us the work, you are the Debtor or you are a creditor, if you are a stakeholder, then you deserve timely and accurate communication. That is what being a professional and an expert is all about.<\/li>\n<li>How do you charge for your work \u2013 An expert and professional is upfront about the cost of performing the work. We always have that discussion with stakeholders. You will find that we never shy away from that discussion so that there are no surprises for anyone. You will find that although our expertise is as a large firm, our pricing is that of a small firm.<\/li>\n<\/ol>\n<h2 id='what-to-do-if-you-or-your-company-has-too-much-debt'  id=\"boomdevs_3\"><span style=\"color: #00ccff;\">What to do if you or your company has too much debt?<\/span><\/h2>\n<p>If you or your company are facing financial challenges and do not know what to do, <a href=\"http:\/\/www.irasmithinc.com\/contact_us.html\" target=\"_blank\" rel=\"noopener noreferrer\">contact Ira Smith Trustee &amp; Receiver Inc.<\/a>, one of the bankruptcy experts in ON. Obtain a free consultation from a <a href=\"http:\/\/www.irasmithinc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">licensed insolvency trustee<\/a> to understand the options available either as an <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_bankruptcy-alternatives.html\" target=\"_blank\" rel=\"noopener noreferrer\">alternative to bankruptcy<\/a> or of <a href=\"http:\/\/www.irasmithinc.com\/bankruptcy_services-personal_the-bankruptcy-process.html\" target=\"_blank\" rel=\"noopener noreferrer\">bankruptcy<\/a> itself. We are professionals, federally regulated, licensed and subject to a strict code of ethics. We can help; <a href=\"http:\/\/www.irasmithinc.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Starting Over, Starting Now<\/a> you can live a debt-free life.<\/p>\n<p><a href=\"https:\/\/www.amazon.ca\/Personal-Bankruptcy-Canada-Because-Dummy-ebook\/dp\/B01CN8KI62\/ref=sr_1_sc_1?ie=UTF8&amp;qid=1458490962&amp;sr=8-1-spell&amp;keywords=personal+bankruptcy+canadqa\" target=\"_blank\" rel=\"https:\/\/www.google.com\/search?q=ira+smith+trustee+%26+receiver+inc.,+167+applewood+crescent+%236,+concord,+on+l4k+4k7,+canada&amp;ludocid=9213865858840530460 noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-2189 size-full\" title=\"bankruptcy experts in on\" src=\"http:\/\/www.irasmithinc.com\/blog\/wp-content\/uploads\/2016\/03\/bankruptcy-experts-in-on.jpg\" alt=\"bankruptcy experts in on\" width=\"500\" height=\"799\" srcset=\"https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2016\/03\/bankruptcy-experts-in-on.jpg 500w, https:\/\/irasmithinc.com\/blog\/wp-content\/uploads\/2016\/03\/bankruptcy-experts-in-on-188x300.jpg 188w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[monkeytools msnip=&#8221;http:\/\/monkeyplayr.com\/playr.php?u=5173&amp;p=20280&#8243;] Who says you qualify as bankruptcy experts in ON? Ira Smith Trustee &amp; Receiver Inc. is a licensed insolvency trustee, licensed to practise in the Province of Ontario (ON). In our recent vlog, #VIDEO: CHCH TV BANKRUPT: using shell companies legal but controversial experts say, Sean O\u2019Shea, Global News, December 17, 2015, interviewed [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[1077,1073,274,1074,1075,1076,576,863],"class_list":["post-2188","post","type-post","status-publish","format-standard","hentry","category-brandon-blog-post","tag-bankruptcy-experts-in-on","tag-bankruptcy-information-online","tag-bia","tag-canadian-bankruptcy-act","tag-canadian-bankruptcy-laws","tag-canadian-bankruptcy-laws-and-regulations","tag-ccaa","tag-ira-smith-trustee"],"_links":{"self":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts\/2188","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/comments?post=2188"}],"version-history":[{"count":5,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts\/2188\/revisions"}],"predecessor-version":[{"id":8573,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/posts\/2188\/revisions\/8573"}],"wp:attachment":[{"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/media?parent=2188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/categories?post=2188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/irasmithinc.com\/blog\/wp-json\/wp\/v2\/tags?post=2188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}