The Financial and Consumer Services Commission of New Brunswick (FCNB) is warning New Brunswick customers of Maritime Fuels to take steps to stop any pre-scheduled payments after the company declared bankruptcy this week.
Customers on a prepayment plan for their home heating fuel should contact their financial institution or credit card company and stop those payments right away.
Last week, the fuel company filed for bankruptcy and a licensed insolvency trustee – PwC – was appointed on Thursday, November 16. Under bankruptcy legislation, a licensed insolvency trustee is in charge of dealing with creditors. New Brunswickers who have already paid for fuel they did not or will not receive should contact PwC.
For more information visit PwC’s Maritime Fuels bankruptcy information page.
Customers of Maritime Fuels can contact PwC at ca_maritimefuels@pwc.com or leave a message at 902-428-2408, and someone from PwC will contact them.
FCNB has the mandate to provide regulatory services that protect the public interest, enhance public confidence and promote understanding of the regulated sectors through educational programs. It is responsible for the administration and enforcement of provincial legislation regulating mortgage brokers, payday lenders, real estate, securities, insurance, pensions, credit unions, trust and loan companies, cooperatives, and a wide range of other consumer legislation. It is an independent Crown corporation funded by the regulatory fees and assessments paid by the regulated sectors. Online educational tools and resources are available at www.fcnb.ca.