Bankruptcy Ottawa – Licensed Insolvency Trustee
Please Call David Brown at 613-209-1825 to schedule a confidential Bankruptcy Ottawa evaluation. David is friendly, caring and Licensed by the Government.
Bankruptcy Ottawa: The stress of out of control debt can be overwhelming for many people, and can leave people frustrated and confused on how to handle their money problems, especially if they have heard some of the untrue bankruptcy myths. For those individuals under this stress, you have come to the right place! Our
Our Ottawa licensed insolvency trustees are able to provide you with a free initial consultation so you can learn about your debt relief options and get a fresh financial start. Just call us at 613-209-1825 and you can speak to a friendly professional about scheduling a confidential evaluation.
Ottawa bankruptcy law was written to give those people who have become trapped in debt the chance to eliminate their debt so they can begin rebuilding a stable financial future.
Almost all debt can be eliminated in bankruptcy, even debt to the Canadian Revenue Agency.
The property you can keep in a bankruptcy is set out in the Ontario bankruptcy exemptions. Trustees are the only debt relief professionals who can provide you with a full range of services and protection from all creditor harassment, such as collection calls and wage garnishment.
Bankruptcy Ottawa – Bankruptcy and Consumer Proposals:
If you decide to go into bankruptcy you can be debt free and out of the bankruptcy in as little as 9 months.
Most people who do go bankrupt have no assets that they will lose in the insolvency because their assets are exempt in accordance with the provincial exemptions.
A Consumer Proposal is for people who want to pay a part of their debt of say 30% or wish to retain assets that may be lost in a bankruptcy. Payments are usually made over about 3 years.