The idea of personal bankruptcy may be worrisome to you. Rest assured. Whatever happens, declaring bankruptcy doesn’t mean you lose everything and end up penniless. Our counsellors are there to stand by you until you get back on your feet.
Bankruptcy, step by step
Throughout the process, your Licensed Insolvency Trustee will guide and support you. After a first bankruptcy, you will be free from debt after nine months.
What do you get to keep and what happens afterwards?
You don’t lose everything! Bankruptcy lets you keep the essentials, like your furniture, and in the majority of cases, your home and automobile. The Licensed Insolvency Trustee is there to protect your rights and your assets.