Manitoba, MB Licensed Insolvency Trustees

The Ultimate Guide to Consulting with a
Licensed Insolvency Trustee in Manitoba

Finding credible financial assistance can be a daunting task. However, if you’re in Manitoba and struggling with debt, turning to a Licensed Insolvency Trustee (LIT) might be your best option. This article will guide you through the process of finding and consulting with a Licensed Insolvency Trustee in Manitoba.

What is a Licensed Insolvency Trustee (LIT)?

A Licensed Insolvency Trustee (LIT) is a professional who provides permanent, life-changing debt solutions to individuals overwhelmed with financial burdens. They are regulated by the federal government and are the only professionals who can file consumer proposals or bankruptcy applications on your behalf.

Why Choose a Licensed Insolvency Trustee in Manitoba?

With over 50 years of experience in debt resolution, LITs in Manitoba have helped hundreds of thousands of Canadians to break free from their financial shackles. Trusting in their expertise can significantly ease your journey towards financial recovery.

1. Consumer Proposal

A consumer proposal allows you to repay a portion of your debt within five years while retaining certain assets. This remains on your record for three years after your last payment.

2. Declaring Bankruptcy

If your debt situation is severe, declaring bankruptcy might be the best option. This enables you to eliminate your debts within 9-21 months but remains on your record for six years (or 14 years if it’s your second bankruptcy).

3. Consolidating Credit

Consolidating credit involves refinancing your home or applying for a loan to cover your debts. This sets up an affordable single monthly payment at a fixed, reduced interest rate.

Before signing any papers, it’s crucial to have a free, confidential consultation with a LIT. They will guide you through all the steps to filing for bankruptcy (if it’s the right decision for you) and offer other options that may better suit your needs.


Get Your Free Consultation With a Licensed Debt Relief Expert Now!

Find out how you can quickly get out of debt by setting up a free consultation with us today.

Get out of Debt and have family bliss and happiness

Consultation with a Licensed Insolvency Trustee in Manitoba

Consulting with a Licensed Insolvency Trustee is a critical step towards resolving your financial problems. Here’s what you can expect during your consultation:

Understanding Your Options

During a consultation, the LIT will discuss all the options that are available to you. These include:

Debt Relief is Within Reach!

Our government licensed debt relief professionals can help you explore options for getting out of debt.

Free and caring advice.

Get a Fresh Financial Start – Reduce Your Debt by 80%

Stop All Interest Charges & Collection Calls

You are about to be debt free!

Identifying the Need for Professional Debt Help

Professional debt help may be needed if you:

  • Live beyond your means.
  • Use credit cards irresponsibly.
  • Have poor money management skills.
  • Don’t know how to budget.
  • Are running out of time with your creditors.

Choosing the Right Licensed Insolvency Trustee in Manitoba

Choosing the right LIT is essential to your financial recovery. You can rely on them for private, personalized solutions, regardless of your level of debt.

Discuss options to get out of debt with a trained & licensed debt relief professional.


Being in debt can be stressful and difficult. However, with the right help from a Licensed Insolvency Trustee in Manitoba, you can navigate your way out of debt and towards financial recovery. Don’t hesitate to reach out to a local BankruptcyCanada office in Manitoba for assistance.

Remember, it’s never too late to take control of your financial situation.

Find Your Personal Debt Relief Solution

Licensed Insolvency Trustees are here to help. Get a free assessment of your options.

Legally Cut Your Debt By 80% And Stop Interest Charges

Stop Interest Charges Immediately
Unfreeze Bank Accounts
Stop Wage Garnishment
Stop Legal Actions

I was feeling overwhelmed by my credit debt, constantly receiving calls and letters from debt collectors, which caused a great deal of stress. It seemed like there was no way out of this situation. However, I discovered Bankruptcy Canada while listening to my local talk radio station. This organization proved to be friendly, empathetic, knowledgeable, and professional, with extensive experience in their field.

During our initial meeting, they took the time to understand my debt and financial circumstances. They explained the various options available to me and helped create a personalized plan that would be most beneficial for my situation. With their assistance, I was able to avoid declaring bankruptcy by presenting a consumer proposal to my creditors. Fortunately, my proposal was accepted, and I am extremely relieved to finally be free of debt, all thanks to BankruptcyCanada. The burden on my shoulders feels significantly lighter now, and I truly believe that Bankruptcy Canada has the most skilled specialists in debt relief.