Sentences with phrase «licensed bankruptcy trustee»

Licensed bankruptcy trustee Doug Hoyes, talks about why a consumer proposal is better than bankruptcy including what the key differences are between these two options available under the Bankruptcy and Insolvency Act in Canada.

As a licensed bankruptcy trustee in Canada and someone who has gone through the immigration and Citizenship process I realized that sometimes the paths of bankruptcy law and immigration law cross.

A Proposal can only be administered by a licensed bankruptcy trustee.

Before you file for bankruptcy in Canada, you are required to meet with a licensed bankruptcy trustee who will assess your financial situation.

The rules are different if you are a repeat bankrupt, and the calculation is more complicated if you are married and your spouse earns income but is not bankrupt, so for more details we suggest you contact a licensed bankruptcy trustee to do the calculation for you.

If you're experiencing financial difficulties, trust the licensed bankruptcy trustees at Fox - Miles & Associates Inc. in Edmonton.

«It's kind of like (how) the best way to get a job is to already have a job,» explains Douglas Hoyes, a licensed bankruptcy trustee and a founder of Hoyes, Michalos & Associates.

Our licensed bankruptcy trustees always take the time to answer any questions you have about how to file for bankruptcy and how bankruptcy will affect you and your family.

It's important to consult a licensed bankruptcy trustee and consumer proposal administrator to review the differences between a consumer proposal and bankruptcy and determine which option is best for you and your family.

No, bankruptcy in Canada is a legal process, so to file bankruptcy you require the services of a licensed bankruptcy trustee.

They have no legal authority to discharge your debts as they are not accredited counselors, paralegals, or licensed bankruptcy trustees.

Either way, debts don't go away on their own, so now is the time to book a no charge initial consultation with a licensed bankruptcy trustee and consumer proposal administrator to review your options.

If you're debt is too overwhelming to handle on your own, it's time to book a consultation with a licensed bankruptcy trustee who can help you to get out of debt and relieve the stress that's been holding you back from dealing with your financial situation.

Bankruptcy protection applies equally to both personal bankruptcy and consumer proposals which means any comments we make below apply to both procedures filed with a licensed bankruptcy trustee.

You should consult with a licensed bankruptcy trustee if you can't work out a payment plan with your creditors.

At Hoyes, Michalos you will always meet with a licensed bankruptcy trustee as part of your initial Debt Free in 30 debt assessment before we ask you to sign anything.

You should consult a licensed bankruptcy trustee to review all of your options before making your decision.

If you have co-signed a loan that has gone bad, you need to know your options, a licensed bankruptcy trustee is your best source for real relevant and frank advice about your options.

File a proposal through a Consumer Proposal Administrator, who is also a Licensed Bankruptcy Trustee,

To find out more about eliminating your debts, please contact a licensed bankruptcy trustee for a no charge initial consultation.

Bankruptcy law defines the rights and responsibilities of all parties involved in the bankruptcy process — the Superintendent of Bankruptcy, the official receivers, the bankruptcy court, licensed bankruptcy trustees, the creditors and the debtor.

In contrast, a licensed bankruptcy trustee or consumer proposal administrator is required to give you a full assessment (in person, not over the phone) and they are required to explain all options.

A visit to a licensed bankruptcy trustee can help you protect your wages and get back on track.

Second, you meet with a licensed bankruptcy trustee to review your options, which may also include filing a consumer proposal as an alternative to bankruptcy in Canada (in the U.S. you would need to consider a Chapter 13 Wage Earner Plan).

Your administrator is also a licensed bankruptcy trustee since both procedures are governed by the federal government through the Bankruptcy & Insolvency Act.

It is important that they sit down with a licensed bankruptcy trustee to review a list of their debts, their assets and their future earning potential.

Of course no decision on filing for bankruptcy should be made before consulting a licensed bankruptcy trustee.

To conclude, if you were a student, and then returned to school, you should speak to a licensed bankruptcy trustee in your province to get advice on how to determine the exact end of study date before you make a decision to file bankruptcy.

If you're struggling to repay your student loan debts, review your options with a licensed bankruptcy trustee and find out whether a consumer proposal or bankruptcy will help you to get out of debt.

The only way to get an accurate answer on exactly how much an Ontario bankruptcy will cost, is to speak with a licensed bankruptcy trustee.