Bankruptcy can be an effective solution for dealing with your debts, with many Canadians each year choosing to file for bankruptcy.
If you’ve been considering bankruptcy, but need some further help and advice, then talking to a certified Credit Counsellor could help.
Bankruptcy can have several long-term consequences for your finances, and there could be alternative options available to you to help you clear your debt for good.
A not-for-profit credit counselling service will help you find all available options for taking care of your debts, including debt management plans, debt consolidation and consumer proposals.
Find out more about free credit counselling and how it could benefit you.
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Getting free debt counselling from certified Credit Counsellors
Seeking help for your debts is a positive step you can take towards clearing them for good.
Talking to a certified Credit Counsellor can help you get a clearer idea of your personal situation, and they’ll be able to advise on whether or not bankruptcy is the right move for you.
At Bankruptcy Canada, it’s free to talk to us about your debts.
We have a friendly team who will provide you with expert advice and make you feel at ease, with no judgement.
You might feel more comfortable talking to a Credit Counsellor than friends or family, and it can be a good first step towards putting an end to your problem.
How can Credit Counsellors help?
Credit Counsellors can help by assessing your finances and recommending the best course of action for your personal circumstances.
They will use their expertise to provide you with recommendations that could include a debt management plan, debt consolidation and other avenues that will help you ease your repayments and make your debts more affordable.
Credit Counselling can help you face up to your issues with debt and put a plan in place for your future.
Whatever you decide to do, they’ll be able to help you with the next steps.
Filing for bankruptcy with a Licensed Insolvency Trustee
If you decide to file for bankruptcy, then a Licensed Insolvency Trustee can help.
They will be able to provide you with advice as well as bankruptcy counselling, as well as proceed on your behalf.
It’s important to note that Licensed Insolvency Trustees are the only people licensed by the Superintendent of Bankruptcy in Canada to process bankruptcies and consumer proposals, so be wary of those who say otherwise.
Your Licensed Insolvency Trustee will be able to help you throughout the process, providing advice and guidance to help you make it through your bankruptcy and take steps towards better money management in the future.
Where can I get free bankruptcy counselling, including alternatives?
If you’re looking for free bankruptcy counselling, get in touch with Bankruptcy Canda today.
Our team are ready to speak to you about your options and help you become debt-free.
Call us 24/7 on (877) 879-4770 and look forward to a brighter financial future.
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