Sarnia Bankruptcy – Licensed Insolvency Trustees
The team of Sarnia bankruptcy trustees on this page are all professional debt relief experts that can help you with going bankrupt, making a consumer proposal and other debt relief options. We are friendly, local and experienced professionals who are ethical and certified by the Canadian Association of Insolvency and Restructuring Professionals. Our team of bankruptcy trustees can also act as consumer proposal administrators. Please call the Sarnia Bankruptcy trustee team at 519-800-5653 to learn more about making a personal proposal or personal bankruptcy.
Sarnia Bankruptcy – Our Approach:
Our Sarnia bankruptcy trustees can meet with you at your earliest convenience for a free, no pressure, confidential consultation meeting.
We will discuss your debt, income and other financial considerations during this meeting and answer all of your questions on bankruptcy and making a consumer proposal.
Once the trustee has all of the information from you they can propose the best possible debt relief solution available to you.
You might feel that going bankrupt is the only solution available to you. In many cases, there are alternatives to going bankrupt such as credit counseling, making a consumer proposal or an informal debt settlement.
Sarnia Bankruptcy Trustees – Bankruptcy and Consumer Proposals:
The Sarnia bankruptcy trustees listed here are highly trained members of the CAIRP and therefore subject to the highest ethical standards.
One of the main purposes of Sarnia Bankruptcy Law is to provide an individual hopelessly burdened with debt a chance for a fresh financial start by eliminating their debts and allowing them to maintain dignity by keep certain property as set by the Sarnia bankruptcy exemptions.
Going bankrupt wipes out all a person’s eligible debts within nine months in the vast majority of cases.
Most debtors going bankrupt have little or no property that is not protected by the Sarnia bankruptcy exemptions and therefore bankruptcy allows a person to have a quick and respectable fresh financial start.
A Consumer Proposal is intended for individuals that are interested in paying off a certain percentage of their debts over a period of three to five years.
Most consumer proposals involve paying off about 20 or 30 percent of debts at little or no interest over the life of the proposal. The trustee can assist with making the proposal and handling your creditors.