Faber Inc. Cold Lake, AB Licensed Insolvency Trustee

Faber Inc.,
Toll-Free: 1-888-298-6710
4807 – 51 Street, Cold Lake, Suite 201, AB, T9M 1P1



Faber Inc. Cold Lake, AB Licensed Insolvency Trustee

4807 51 Street
Suite 201,
Cold Lake, AB T9M 1P1
Phone: 1-888-298-6710


Debt and bankruptcy are federally regulated in Canada.


While facing bankruptcy may sound like an ordeal, the Bankruptcy & Insolvency Act is designed in a way where you can find assistance in removing debt from your life without having to restart your finances completely.


Anyone can face debt, and while the circumstances of each specific situation are dependent on personal variables, the end result is the same – when you file for bankruptcy in Canada, a stay of proceedings is initiated which protects you from:


  • Wage garnishment
  • Creditors calling you to inquire about your debt and financial commitments
  • Losing all your assets
  • Legal action from creditors


If you are already facing financial struggles, then you do not need to deal with additional stress from creditors while you figure out how to restore stability into your life.


For this reason, the Canadian government monitors and regulates specialized debt consultancy services through Licensed Insolvency Trustees (LIT).


A LIT professional’s primary purpose is to remove debt from your life while ensuring that both your rights under the law, as well as the rights of your creditor are protected.


How can a Licensed Insolvency Trustee help you deal with bankruptcy in Cold Lake, Alberta?


Licensed Insolvency Trustees, according to the Superintendent of Bankruptcy in Canada, are the highest and most educated authorities in bankruptcy and debt laws.


Only LITs have been granted permission by the government to administer bankruptcy and consumer proposals within the country.


Only a Licensed Insolvency Trustee can file for bankruptcy for you.


In addition to this, LIT’s also provide debt counselling, credit counselling, debt management, debt consolidation, and personalized debt solution services within the country.


If you live in Cold Lake, Alberta, and need to file for bankruptcy, then you must approach a Licensed Insolvency Trustee in order to file for bankruptcy.


A Licensed Insolvency Trustee will assess your financial situation and provide you with the right professional guidance that can help you to permanently absolve debt from your life.


A Licensed Insolvency Trustee will:


  • Help you understand your financial circumstances and guide you towards the right debt solution, depending on your personal situation;
  • A LIT expert may also provide alternative solutions to filing for bankruptcy, such as in the form of writing a consumer proposal, which helps you eliminate debt without having to file for bankruptc;
  • A Licensed Insolvency Trustee’s fees are federally regulated, so the amount you will be charged for their services is usually less than if you were to approach a debt consultancy service that does not employ federally regulated LIT’s.


If you live in Cold Lake, Alberta, then a Licensed Insolvency Trustee will take care of your financial hurdles and eliminate debt from your life.


They will also ensure that you do not face long-term consequences that facing debt can bring.


For a confidential, secure and federally regulated debt consultancy service in Cold Lake, Alberta, get in touch with a local professional Licensed Insolvency Trustee and eliminate debt so you can live your life stress-free and debt-free.