Why Should I Work With Bankruptcy Canada For Debt Relief?
Bankruptcy Canada is the most popular bankruptcy website in Canada in terms of total visitors.
We’ve been working extremely hard to provide Canada’s good citizens with financial support and advice since 1999, and always strive to provide the best possible help when you’re in need.
As a Licensed Insolvency Trustee, we have the power to handle tasks that other firms simply can’t touch, enabling us to provide you with financial guidance for the rest of your life.
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What Is A Licensed Insolvency Trustee?
Licensed Insolvency Trustees are sanctioned by the Canadian government, giving us the power to handle consumer proposals and bankruptcy filings, while also making it our responsibility to ensure that debtors and creditors rights are respected.
Only the most skilled and experienced companies are able to perform this role, but we’re never too busy to help a citizen in need.
There are many benefits that will come with working with a Licensed Insolvency Trustee.
To start, you won’t have to worry about making hard decisions without being given the chance to understand them first.
Complex documents will be processed for you, negotiations will be handled by our dedicated team, and you can rest easy knowing that your financial life is in capable hands.
Starting The Journey With Bankruptcy Canada
Having spent so much time working with financial problems, we understand that you will want to deal with your situation as soon as possible.
As such, we’ve created a system that provides an efficient process that won’t waste your time or leave you unable to improve the state of your wallet.
Getting In Touch
Before we can begin to help you with your finances, you’re going to need to get in touch with our friendly team.
This can be done by calling us at 1-877-879-4770 or sending an email to Gordon@BankruptcyCanada.com.
Lines are open 24 hours a day, 7 days a week, and we work tirelessly to make sure that we’re working on your case as soon as possible.
We encourage anyone experiencing financial difficulties to get in touch.
A Confidential & Obligation-Free Consultation
Once you’ve reached out, we will be able to organize a callback with you to discuss your current financial situation and the goals you have for the future.
This will give us the information we need to work out the best way to progress with your money.
These consultations are complimentary, confidential, and obligation-free.
Providing Your Options
It won’t take long for our experts to assess your financial situation and get back to you with your options.
From people with extreme financial problems to those who want to make small improvements, we can help anyone get their money back on track.
You can find some examples of the sort of support we can provide below.
We can often tailor our services to suit you, and it can be worth getting in touch even if you’re not interested in anything on this list.
Debt Consolidation Loans
Debt consolidation loans work by moving all of your payday loans, credit cards, and other debt into one loan.
This will give you longer to pay back your debt, while also lowering the interest you pay over time.
This is a good option for those who are struggling with their debt but still have a good credit report and a stable income.
Consumer Proposals
Consumer proposals give you the opportunity to negotiate the terms of your debt payment with your creditors.
This can give you more time to pay it back, reduce or freeze interest payments, and will initiate a stay of proceedings to free you from lawsuits and harassment from your creditors.
This can also free you from legal processes like wage garnishments.
This is a good option for those who can afford to pay their debt but have been working at it for a very long time and have lost the patience of their creditors.
Filing for Bankruptcy
Much like submitting a consumer proposal, filing for bankruptcy will initiate a stay of proceedings.
It will also put your finances in the control of a Licensed Insolvency Trustee, making it very difficult for you to miss loan payments until the process is over.
You won’t be able to borrow more money until you’ve been released from bankruptcy, at which point you’ll be given a completely clean slate.
Debt Relief Advice & Support
Sometimes, the financial problems you’re experiencing will be able to be solved with simple advice and support.
Our friendly team works extremely hard to make sure that we provide accurate and easy to understand information to our clients.
This makes it much easier for you to improve your finances, while also avoiding potential pitfalls along the way.
We Handle The Hard Stuff
No matter which route you decide to go down, we will do all of the hard work at each step along the way.
This gives you the chance to simply focus on your money, ensuring that you’re able to make payments when you need to and that you’re improving the right skills in the process.
We will handle paperwork, negotiations, and can even help to sell your assets to make payments towards your debt.
Support Down The Line
Your finances will continue to be a major factor in your life long after you’ve been released from bankruptcy or simply covered your debts.
Bankruptcy Canada has you set for life, and we can provide support for as long as you need it.
You can find some examples of the sort of aftercare we can provide to our clients below.
Decision Making Support
Making decisions like choosing when to take a loan or buy a house can be very hard to make.
A lot of people struggle to consider the full financial impact these choices could have on their lives, but this is something we can help you with.
We can provide further financial assessments, offering an honest idea of whether or not you should make the move you’re considering.
Budgeting & Financial Advice
Budgeting is an essential element of financial success, even for those with a lot of money.
Making on a budget on your own will often result in something that doesn’t work.
Bankruptcy Canada has the experience to know what will be reasonable to expect in your budget, ensuring that we create a plan that you will be able to follow.
Further Financial Difficulties
Going bankrupt more than once isn’t unheard of.
It’s not always easy to stop this from happening to you, but we will be there to help whether you need to file your second consumer proposal or bankruptcy.
Once you’ve gone through this process again, we can work to help you to avoid it in the future, providing you with the means to keep on top of your money.
Achieving Your Goals
As you manage to overcome each of your financial hurdles, you should be setting yourself new goals to reach for.
This will mean that you are always improving, while also giving you the chance to create good habits with your money.
We can offer advice and support that will enable you to reach your goals.
Getting In Touch With Bankruptcy Canada
Bankruptcy Canada has been working with many of the same clients for a very long time.
Getting support can be one of the smartest moves when it comes to your finances, with a team like ours having the benefit of spending each and every day working on money.
You can get in touch by calling us at 1-877-879-4770 or sending an email to Gordon@BankruptcyCanada.com, and we will arrange a callback at a time that suits you.
No matter how bad your money might be, Bankruptcy Canada has the tools you need to make a difference.
Information on Consumer Proposals
Consumer Proposals in Canada – An Alternative to Bankruptcy
What is a Consumer Proposal?
How to Amend a Consumer Proposal
What are the Benefits of a Consumer Proposal?
What are the Steps in a Proposal?
Consumer Proposal Eligibility
What Debts Are Erased in a Consumer Proposal?
Is There Life After a Proposal?
Canadian Bankruptcies
How to File for Bankruptcy
What is Bankruptcy?
Bankruptcy FAQs
How Does Bankruptcy Work?
What is the Cost of Bankruptcy in Canada?
How to Rebuild Credit Following Bankruptcy
Personal Bankruptcy in Canada
What Debts are Erased in Bankruptcy?