Learn about the purposes of the bankruptcy law, going bankrupt and making a consumer proposal, as well as any other possible debt relief options that might be available to you.
When going bankrupt your eligible debts will be eliminated in 9 months and the Bankruptcy Exemptions in BC will protect certain assets from protection.
Going bankrupt was intended to provide a chance for a new start to a fresh financial life in an easy and fast manner.
If a person would like to repay a portion of their debt over a period lasting up to five years, you can make a proposal to your creditors to repay a portion (about 20 to 30%) of your debt over the length of the proposal.
By working with our trustees you can make a successful proposal to your creditors. Call us toll-free now. Imagine your life debt free!