If you are planning to take the National Insolvency Qualification Program, you had better come prepared.

Composed of five courses and three separate exams, NIQP was created in 1998 as a streamlining effort to certify bankruptcy trustee candidates. The program, as explained by Superintendent of Bankruptcy Marc Mayrand in a 1997 release from Industry Canada, was created to, “ensure a consistent national approach to training that will encourage and promote professionalism and increase the level of knowledge expertise of applicants for a trustee licence.”…