Are you dealing with a serious debt problem that is causing you frustration and confusion on how to proceed? Are you dealing with the stress of a uncontrollable money problem? If so you have found the right place.
Our Medicine Hat bankruptcy team is ready to meet with you when you are ready. During this free, no pressure initial consultation with a Medicine Hat bankruptcy expert you will learn how you can get out of debt.
Meeting with a friendly and knowledgeable debt relief expert will help you understand the options available to you for getting out of debt.
The trustee will explain the best option for you based on your personal circumstances but you will be under no pressure and the choice is always yours on how to proceed.
To speak with a friendly Medicine Hat bankruptcy expert please call us at 888-208-2694. We will schedule a convenient consultation meeting so you can speak with a financial expert.
Our Medicine Hat bankruptcy law page was written to give people from the Medicine Hat area an understanding of the insolvency law.
Only a Licensed Insolvency Trustee (prior to April 2016 a Bankruptcy Trustee) provides access to all debt relief solutions available in Canada. Filing for bankruptcy will give you a fresh start in as little as 9 months, while a consumer proposal allows you to repay only a portion of your debts over 3 to 60 months.
Bankruptcy & Consumer Proposal Information
Bankruptcy in Medicine Hat is intended to give a debtor a fresh financial start in as little as 9 months. Bankruptcy is suitable for people with a lower income and fewer assets. Most unsecured debts can be erased by filing bankruptcy and most bankrupts can keep their assets.
A consumer proposal is a legally binding agreement between you and your unsecured creditors to repay a portion of the debt you owe. A consumer proposal is very advantageous for a person who wants to avoid bankruptcy. A proposal allows you to keep assets that would have to be surrendered in a bankruptcy filing and you can repay as little as 25% of the debt you owe interest free over a time period lasting from as little as a few weeks for a one-time “lump sum” payment to as long as 60 months with small payments spread out over a longer period of time.
Medicine Hat, Alberta Bankruptcy Trustees
The bankruptcy laws are a federally regulated set of laws that are intended to give an honest but unfortunate debtor a chance to start fresh with their finances. Only a Medicine Hat bankruptcy expert can assist a person with filing bankruptcy.
We invite you to take advantage of our no-charge confidential; initial consultation to discuss your specific circumstances.
Call us today.