The vast majority of people experience financial difficulties at some time or another.
Whether you’re struggling to keep a roof over your head, you’ve missed multiple credit card payments, or you’ve got caught up in spiralling payday loans, there is help available.
When you’re in need of debt assistance, talking to a Bankruptcy Canada Trustee can help you to find the right way forward.
Need Help Reviewing Your Financial Situation?
Contact a Licensed Trustee for a Free Debt Relief Evaluation
What Type of Debt Assistance is Available?
Many people are reluctant to admit they have financial problems, which means they tend to ignore what’s going on.
One of the first things a trustee will do is help you to identify and understand your financial situation.
People often have multiple debts, so you may be unsure exactly how much your total debt is.
If so, there’s no need to worry.
With help from an experienced trustee, you can begin organizing your finances.
Once you know exactly what your financial circumstances are, you’ll be able to explore potential debt solutions.
With so many options available, it can be tricky to determine what type of debt help is right for you.
From credit counselling and debt management plans to bankruptcy and consumer proposal; it’s important to consider every form of debt solution if you want to find the one that’s best suited to your needs.
Why Talk to a Bankruptcy Canada Trustee?
The debt industry can be difficult to navigate, so it’s not always clear where you should get help from.
However, only certain professionals are permitted to deal with some types of debt solutions.
For example, only a licensed insolvency trustee (LIT) can manage bankruptcies and consumer proposals in Canada.
As regulated professionals, these ‘bankruptcy trustees’, have the knowledge and authority to help you learn more about these forms of debt resolution.
Furthermore, a licensed insolvency trustee can begin the process of filing for bankruptcy or making a consumer proposal, if you decide that either of these options are right for you.
Remember – a bankruptcy trustee won’t only provide advice about consumer proposals or bankruptcy.
As well as helping you to learn more about these types of debt solutions, a licensed insolvency trustee will discuss other forms of debt resolution with you and ensure you have all the information you need to move forwards towards a debt-free lifestyle.
Can Anyone Talk to A Trustee?
If you’re experiencing financial difficulties or you’ve worried about debt, talking to a Bankruptcy Canada trustee could be the best decision you make.
Many people feel a burden has been lifted simply by opening up to someone about their financial struggles and asking for help.
At Bankruptcy Canada, we’ve helped more than 100,000 people overcome their debt problems and we’re on hand to help you too.
Our helpline is available 24 hours a day, 7 days a week, so you can contact us at any time.
Do you need debt assistance?
Talk to a Bankruptcy Canada trustee now at (877) 879-4770.
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?
How to File for Bankruptcy
What is Bankruptcy?
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?