Terrace Trustees and Consumer Proposal Information:
Terrace Bankruptcy Trustees: If you have been struggling with overwhelming debt you can schedule a risk free, no obligation and FREE confidential consultation with a Terrace trustee. Please call Derek L. Chase at 1-888-387-7904 if you would like to discuss how a bankruptcy or consumer proposal can help you get out of debt.
You will discuss your finances and assets with Derek and learn how the bankruptcy law can help you deal with your debts.
The bankruptcy laws were enacted to provide individuals, struggling with debt, a chance to erase their debts and start fresh.
Our Terrace trustees can help you examine your finances to determine whether you should go bankrupt or if it would be more appropriate for you to file a consumer proposal.
Individuals who file a Terrace bankruptcy are able to wipe out their debts in a quick and easy manner.
The vast majority of bankruptcy cases are over in 9 months and all assets are kept.
A consumer proposal is for people who don’t want to file bankruptcy and have assets that might be lost in a bankruptcy. In a typical consumer proposal the debtor pays 30-50% of the debt in a period not greater than 60 months.