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Financial Rehabilitation of Individuals and Companies: Role of the CIRP

Our team


Personally, I think our professional lives are exciting because of the challenges that a Chartered Insolvency and Restructuring Professional (CIRP) faces in the financial rehabilitation of individuals and companies. As well, our profession is constantly evolving with changes in insolvency regulations and with the rhythm of economic cycles.

Recovery & Reorganization Group Provides Financial Advisory

Advisors to individuals


Since October 2017, experts and licensed insolvency trustees from Raymond Chabot inc, subsidiary of Raymond Chabot Grant Thornton, have offered sound advice to the population through the Dans vos poches column in the Journal de Montréal and Journal de Québec.

Declare Bankruptcy to Start A New Life?

Advisors to individuals


Éric Lebel, Partner and Licensed Insolvency Trustee, participated in the major Les Affaires Plus supplement on debt in which he shared his expertise and discussed the consequences of insolvency such as bankruptcy in certain specific cases.

Sharp Increase in Insolvency in Saguenay-Lac-Saint-Jean

Advisors to businesses

Advisors to individuals


From 2012 to 2016, there was a 62% increase in insolvency files in the Saguenay Lac-Saint-Jean region. This is a very worrisome rate, which is even more so if we compare it to the Quebec percentage of 16% for the same period and 3% across Canada!

Bankruptcy in Québec: Is it Trivial?

Advisors to individuals


In recent news, the issue of the actual impacts of bankruptcy in Québec has resurfaced. Daniel Germain, from Les Affaires, sat down to speak with Éric Lebel, partner and Licensed Insolvency Trustee, to demystify the consequences of bankruptcy.

From Trustee in Bankruptcy to Licensed Insolvency Trustee (LIT)

Advisors to individuals


Trustees in bankruptcy have a new designation—Licensed Insolvency Trustee—since April 2016. Trustees have been lobbying the Canadian government’s Office of the Superintendent of Bankruptcies (OSB) for many years for a new designation that more accurately describes the breadth of their services and clarifies their role. Why not Trustee in Bankruptcy? The OSB defines a Licensed Insolvency Trustee (LIT) as a federally regulated professional who provides advice and services to individuals and businesses with debt problems. Because an LIT helps people make informed choices to deal with their financial difficulties, the previous designation was too restrictive in terms of what they could do for consumers. Consumers may also have been reluctant to deal with a trustee in bankruptcy to find alternatives to their debt problems .The new title help to offset the negative perception. Knowing the difference The new designation makes […]

10 results displayed on 69