Bankruptcy Solutions

Bankruptcy has its advantages

Why Choose Bankruptcy?

Bankruptcy is a formal legal process that releases you from your obligations to pay your creditors. It should be considered after all other debt settlement options have been evaluated.

Unlike other options, bankruptcy does not require any input from your creditors. As long as your financial problems are severe enough to render you insolvent, it is your right to file a bankruptcy.

The major benefits provided by bankruptcy are the following:

1. Most debts are completely eliminated by bankruptcy. This include credit cards, bank loans, business debts, income tax, payday loans, and other types of consumer debts;

2. In most cases, you can keep your house, your vehicle and your investments;

3. Wage garnishments, legal actions, judgments and other collection efforts from your creditors are immediately stopped.

4. The cost of bankruptcy is tailored to your income. If your monthly income is minimal, the cost to declare bankruptcy will also be minimal.

5. In most cases, there are no meetings with your creditors, no negotiations and no court appearances. The process can be over in as little as 9 months.

To review bankruptcy and other options to resolve your debt problems, contact us for a free confidential consultation.

You can also click on How does Filing for Bankruptcy Work.

Your way to financial relief starts here!

We’re here to answer your questions and get you back on track. Schedule your free consultation now!


Covid-19 / Update :

During this pandemic Licensed Insolvency Trustees were listed as an essential service by the provincial government and our company continued to carry on doing business albeit in a different capacity as we did our part to minimize the spread of the Coronavirus. Now that our economy is reopening, we have updated our business operations so that we may continue to serve you in a safe manner. We’ve worked hard to put all the necessary protocols in place to keep you and our team safe.

Our offices are now completely open again for regular business hours. We will however, continue to conduct as many meetings as possible virtually and we will continue to have many of our employees work from home to keep traffic in our offices to a minimum. We also encourage you to call or email the office before stopping in because during this pandemic there have been many changes to allow us to serve you virtually than before.

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