Skip to content
  • About
    • Our Team
    • News, Updates and Notifications
  • Debt Solutions
    • Consumer Proposal
    • Personal Bankruptcy
    • Debt Repayment Planning in Alberta
    • Debt Repayment Calculator
  • Resources
    • BNA’s Resource and Help Center
    • Financial Blog
    • White Papers & Success Stories
    • Personal Information Forms
    • Debt Breakdown Podcast
  • Contact Us
  • (403) 232-6220
Menu
  • About
    • Our Team
    • News, Updates and Notifications
  • Debt Solutions
    • Consumer Proposal
    • Personal Bankruptcy
    • Debt Repayment Planning in Alberta
    • Debt Repayment Calculator
  • Resources
    • BNA’s Resource and Help Center
    • Financial Blog
    • White Papers & Success Stories
    • Personal Information Forms
    • Debt Breakdown Podcast
  • Contact Us
  • (403) 232-6220

Are Trustees Fees Included in a Consumer Proposal in Alberta?

  • BNA
  • October 17, 2019
  • Questions About Consumer Proposals

Short Answer

Yes they are! There are no additional fees after you agree to the terms with your creditors.

Longer Answer

A Licensed Insolvency Trustee works with you and your creditors to reach a mutually agreed upon payment plan (like a referee) that sees the creditors receiving a portion of what’s owed. The Trustees fees are included in the portion that the creditor is to receive. Essentially the creditors are paying the Trustee fees for the service of collecting their debts for them.

Recent Posts

Tax Season 2023: What if You Can’t Afford to Pay?

How to Combat Inflation in Your Personal Finances

How Long Does It Take To Repay Debt in Alberta Through a Structured Repayment Plan?

Categories

  • Questions About Consumer Proposals
  • Consumer Proposals
  • Customer Stories
  • Podcast
  • Education
  • Debt Consolidation Loan
© All rights reserved. BNA 2021
  • About Us
  • Debt Solutions
  • The Financial Facts
  • BNA Breaks Down Debt
  • Contact Us
  • Privacy Policy
  • About Us
  • Debt Solutions
  • The Financial Facts
  • BNA Breaks Down Debt
  • Contact Us
  • Privacy Policy

CALGARY

  • 150 – 703 64th Ave SE
  • Calgary, AB T2H 2C3
  • Call us: (403) 232-6220
  • Toll Free: (888) 232-6220
  • Fax us: (403) 232-6262

EDMONTON

  • #200, 6005 Gateway Boulevard
  • Edmonton, AB T6H 2H3
  • Call us: (403) 232-6220
    Toll Free: (888) 232-6220
  • Fax us: (403) 232-6262