Fort Erie
There are many falsehoods spoken about trustees, often made to make them sound scary. Statement #1 to Provoke a Fear of Trustees: A Trustee doesn’t work for you, he or she works for your creditors I get annoyed by this every time I hear the phrase. To say a Trustee is working for one party … Read more
Bankruptcy Prince George: A Comprehensive Guide to Licensed Insolvency Trustees In the world of financial uncertainties, the prospect of bankruptcy can be overwhelming. If you find yourself in this situation in Prince George, Licensed Insolvency Trustees can be your guiding star out of the debt abyss. In this comprehensive guide, we delve into the world … Read more
When you’re grappling with debt, it’s crucial to know which professional can provide the right debt management solutions. The primary options often boil down to Debt Consultants or Licensed Insolvency Trustees. But who exactly are these professionals, and how do they differ? This article delves into the distinctions between these two roles, their modus operandi, … Read more
Banff Licensed Insolvency Trustees: A Comprehensive Guide Trustees in insolvency are licensed professionals who provide assistance to individuals and businesses facing financial difficulties. They offer a range of services, including consumer proposals, bankruptcy filings, and financial counselling. This guide will dive deep into the role of Banff Licensed Insolvency Trustees and how they can help … Read more
Crucial Queries to Guide Your Selection of a Bankruptcy Trustee Embarking on the path to financial solvency often requires professional guidance. When you’re considering bankruptcy, finding a Licensed Insolvency Trustee with the right expertise and dedication is of utmost importance. This article provides you with five pivotal questions to help you choose the most suitable … Read more
Our Government Approved Debt Solutions Are Your Path to Financial Freedom Being strangled by the relentless grasp of debt can be an overwhelming experience. The constant barrage of calls from creditors, the sleepless nights, and the incessant worry can be distressing. But, there is a silver lining. Life Changing Debt Solutions in Canada can help … Read more
Licensed Insolvency Trustees (LITs) are federally regulated debt professionals who are highly qualified and well-trained. The Office of the Superintendent of Bankruptcy provides LITs with the license they need to administer insolvency services, such as assisting with bankruptcy or filing a consumer proposal with your creditors. Only LITs are able to assist people with filing … Read more
If you’re suffering from financial problems, you may have to consider some insolvency options and if you are interested in meeting with a trustee you might be wondering if the trustee charges any extra fees or fees for a consultation. In Canada, those options are limited to consumer proposals or bankruptcy. To proceed with either, … Read more
What is a Licensed Insolvency Trustee? A Licensed Insolvency Trustee, also known as a LIT, is a professional who specialises in providing advice and working with individuals or companies that are struggling to pay off debts. Licensed Insolvency Trustees are federally-regulated, and they help people to explore options and make well-informed decisions to get out … Read more
Licensed Insolvency Trustees in Canada A Licensed Insolvency Trustee (LIT) is a federally-regulated professional who specialises in helping people who are struggling with severe debt. Trustees assume responsibility for overseeing processes, including filing a consumer proposal or bankruptcy. If you are in debt, and your trustee advises you to consider these options, they are authorised … Read more
Why You Must Disclose Everything to Your Trustee Are you wondering how much information you need to provide to your bankruptcy trustee? This article will explain why you should tell them everything and not keep anything a secret. If you are thinking about filing for bankruptcy, then you are probably already viewing it as a … Read more
One of the most common questions people have when filing for bankruptcy is, can a bankruptcy trustee oppose my discharge? The short answer is, yes, they can, which may be a problem for you. Usually, your discharge will be opposed because you did not meet all of your obligations in the bankruptcy and you did … Read more
Every year, thousands of Canadians find themselves buried under a mountain of unsustainable debt, often through no fault of their own. In situations like these, they need qualified, accredited professionals who can reduce their debts through legal facilities, like bankruptcy. But who are these professionals? And how can they help you out of a financial … Read more
Losing sleep over how much debt you’re accumulating, and you’re not sure where to turn? Bankruptcy Canada has credit counselors and Licensed Insolvency Trustees (LIT) that can help outline what options you have, and counsel you on what to do to get out of debt and get your life back. If you’re looking to file … Read more
You don’t have to navigate your way out of debt in the dark. A local licensed trustee can light up the way for you When you’re looking to get out of debt and back on the front foot financially, it’s important to have the right people fighting your corner, looking out for your best interests. … Read more
Bank Accounts in Bankruptcy When you file for bankruptcy, your trustee will seize your assets and pass them on to your creditors to settle a portion of the debt, but does a bankruptcy trustee seize your bank account? Many people worry about losing control over their bank account during the bankruptcy process, but that will … Read more
When your debts have mounted to the point where you are no longer able to repay them, this is known as insolvency. When you are insolvent, however, you still have a number of options available to you such as making a Consumer Proposal or filing for Personal Bankruptcy. To do either of these, however, you … Read more
When you find yourself struggling to make a mortgage payment, or finding that you’ve missed a payment on your car loan, it can be an overwhelming feeling when creditors start hounding your phone. A Licensed Insolvency Trustee can help mitigate these phone calls, clear up any questions you have, and counsel you through your financial … Read more
If you do decide to hire the services of one of our Licensed Insolvency Trustees, we will discuss the various debt relief options that are open to you. In some cases, it might be that filing for bankruptcy is your best course of action, especially if you are overwhelmed by your debts, and with little … Read more
Speak To a Licensed Insolvency Trustee & Consumer Proposal Administrator in Burlington, ON Many people living in the Burlington area will find themselves in financial distress at some point in their lives. Creditors are on their backs, hounding them for money, even though they don’t have cash available to make repayments. It can lead to … Read more
Bankruptcy Canada is proud to provide Canadians living with debt a fresh financial start. We are Licensed Insolvency Trustees (commonly called a bankruptcy trustee) who are the only debt relief professionals licensed by the Canadian government to provide bankruptcy and consumer proposal services. We offer free initial consultations to explore all of your debt relief options such as credit counselling, debt consolidation, or debt settlement services, in addition to consumer proposals and personal bankruptcies.
