Declaring Bankruptcy Victoria
Bankruptcy Trustee Victoria BC
How to Declare Bankruptcy Victoria
Bankruptcy Victoria Help Provided By Our Licensed Insolvency Trustees.
If you are struggling with debts, that have lead you to consider filing bankruptcy or a consumer proposal, our Victoria bankruptcy trustee is able to provide people the information about the Victoria insolvency laws they need to make an informed decision.
Bankruptcy Victoria can help you with getting out of debt.
Bankruptcy Victoria – Our Approach:
One of our Licensed Victoria bankruptcy trustees will sit down with you to examine your finances, budget and debt and will help you understand all of the options that could fit your financial problems.
Whether that is personal bankruptcy, settling your debt with a consumer proposal, or another debt management service, our trustee will act in a caring, friendly and respectful way so you can always feel comfortable working with our team.
The Canadian Association of Insolvency and Restructuring Professionals (CAIRP) sets a strict code of professional standards and ethics that all trustees must follow at all times.
Our team of trustees are very knowledgeable, friendly professionals who will work with you to explain all of your options. The initial consultation is always free and 100% confidential.
Bankruptcy Victoria – How Bankruptcy and Consumer Proposals Work:
The Victoria bankruptcy laws were written to provide individuals hopelessly struggling with debt a chance for a fresh financial start by allowing for an elimination of debts and protection from creditor harassment.
If you decide to go bankrupt with the help of our team your debts can be wiped out in as little as 9 months, giving a fast and relatively easy fresh financial start.
The Bankruptcy Exemptions in BC prevent seizure of certain assets when going bankrupt.
By making a personal proposal to your creditors you can protect assets that might be lost in a bankruptcy and you will enter into a debt repayment plan to pay off a part of the debt you owe (20 – 30%) over three but not more than five years.