Call a financial turnaround consultant
before your telephone service is cut
Anyone of us could one day be faced with financial trouble following the loss of a job, a business failure, an illness or some other reason. This type of situation could affect us both morally and physically and is not always easy to get through. Under these circumstances, obtaining assistance from a qualified insolvency professional, such as a trustee in bankruptcy, may be a good call, especially since we offer you a confidential initial consultation free of charge.
A trustee in bankruptcy is an experienced professional who holds a licence issued under the Bankruptcy and Insolvency Act and who is authorized to provide consulting services to individuals in financial difficulty. As of the initial meeting, the trustee in bankruptcy will analyze your financial situation and suggest the most suitable solution.
As well, being a member of a professional order, a trustee is subject to a code of ethics and may therefore be consulted in complete confidence.
If you are unable to settle your debts and neither a voluntary deposit scheme or debt consolidation loan are viable solutions to your financial woes, the Bankruptcy and Insolvency Act has provided two other alternatives: the consumer proposal, which allows you to settle a part of your debts without requiring you to declare bankruptcy and also provides you with the option of decreasing your monthly payments by spreading them out over many years, interest free, and personal bankruptcy, which frees you from all of your debts, with certain exceptions.
These two alternatives signal the end of harassment or procedures initiated by your creditors.
There is always a solution. However, before doing anything, be sure to choose the solution that is most suitable for you.
Give us a ring. We’ll help you see things more clearly!
