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Considering Bankruptcy?

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Debt Problems Making Your Life Miserable?

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How to Get Out of Debt in 2021.

Practical Steps to Solve Your Financial Problems.

Dealing with Debt Collectors.


Why you should avoid credit counselling.

What is a consumer proposal?

How to solve your money problems.

Here are the right answers. How to stop collection calls, creditor calls?

Realistic answers about your credit rating, money problems, debt problems, financial problems.

What is personal bankruptcy?  What can you keep if bankrupt?



How does bankruptcy work and how it will help you

If you came to this page, chances are you know you need financial help already. You will find realistic answers about  your money problems, debt problems, financial problems and Personal Bankruptcy options

An illness, a layoff, divorce, or unexpected bills are just a few reasons why you may be unable to pay your bills on time.  Here is up to date and accurate information on what you should do if you fall behind on your debts

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Help Yourself Now

The solutions to your money problems are in these pages. You have several options. Please review them and choose the best answer for you.

You cannot run or hide from your debts. You cannot ignore them They will not go away. It is far better to face the music and deal with your problem head on. You will feel better and live better if you do.

Know You Are Not Alone.

Over 110,000 Canadians declare bankruptcy and get a fresh start and a clean slate every year. Most are glad and relieved they did. The focus of the process is to help you organize your finances and develop new skills. It is not intended to punish an honest individual for their misfortunes or mistakes

Consumer Proposals

A Consumer Proposal is a means to negotiate with your creditors for the reduction of your debts and/or extension of time for payment of their debts.

A Trustee in Bankruptcy is required to make a legal Consumer Proposal. It is a very good option to actually declaring bankruptcy provided you can honour the commitment you make in your proposal to creditors. If you do not, you can be forced into bankruptcy

The payment schedule that is created in consultation with a your advisor is based on your income, living expenses and family size.

It prevents your creditors from taking legal actions to seize assets or garnishee wages.




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Personal Bankruptcy

The best way to get detailed information about filing an assignment in bankruptcy or a proposal is to contact a bankruptcy trustee and discuss your options .

There is usually no cost for this and there is no obligation to proceed with bankruptcy.


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