November 5th, 2012 (Vancouver, B.C.)-- Sands & Associates, B.C.'s largest firm
of licensed trustees and proposal administrators announces the results of its first annual BC Consumer Debt Study, profiling trends and key information regarding the consumer debt levels of British Columbians, specifically from markets throughout Vancouver and the Fraser Valley.
Sands & Associates, BC's largest firm
of licensed Trustees in bankruptcy and consumer proposal administrators, today released results of a study offering insight into BC's soaring consumer debt levels.
In order to file for bankruptcy you must meet with and use the services
of a licensed trustee in bankruptcy.
Specifically, ask them if they are going to recommend that you file a consumer proposal and if they are, ask if they are a licensed trustee or an employee
of a licensed trustee's firm.
A consumer proposal is a debt repayment plan made with your creditors with the help
of a licensed trustee.
Not exact matches
Licensed insolvency
trustees regularly see people who manage to meet their mortgage payments for months, even years, while the rest
of their fiscal house falls down around them.
As a
licensed insolvency
trustee firm, our practice is on the front lines
of Canada's household debt binge and the bad personal finance habits that ensnare so many people.
Doug Hoyes, a founder
of licensed insolvency
trustee Hoyes, Michalos & Associates, has witnessed the shift.
Mr. Stephen is a Chartered Professional Accountant, a Chartered Accountant, a
licensed trustee in bankruptcy and holds a Bachelor
of Commerce degree from the University
of Windsor.
All
of this can only be administered by a
licensed insolvency
trustee.
Therefore, you can essentially walk away from your home in Canada, no matter the amount
of the shortfall, if you file a bankruptcy or a proposal with a
Licensed Insolvency
Trustee.
In this regard, edfirms are much like a public charter school or private school, but are «owned» by the teachers (instead
of a board
of trustees) and are
licensed by a school district.
If you are considering a consumer proposal as an alternative to bankruptcy, our team
of Licensed Insolvency
Trustees will explain the consumer proposal process and answer any questions you might have.
In Canada, having
Licensed Insolvency
Trustees administering bankruptcy filings means that you have qualified professionals available to help you and take you through all parts
of the bankruptcy process.
Licensed by the federal government
of Canada, the following bankruptcy Alberta
trustees and consumer proposal administrators offer free initial consultations in 26 locations throughout Alberta.
As a gov» t
Licensed Insolvency
Trustee, we are the people who can protect you from creditors and help you overcome a load
of debt.
Ted is our co-founder and is a Chartered Professional Accountant, certified Insolvency Counsellor,
Licensed Insolvency
Trustee, Consumer Proposal Administrator, and the President
of Hoyes, Michalos & Associates Inc..
For more details on bankruptcy exemptions in your province and for answers to your other questions about bankruptcy and consumer proposals, please contact our personal
Licensed Insolvency
Trustee in your area and arrange for an initial consultation, free
of charge.
The legal procedure allows you to settle your financial obligation for less than you owe with the help
of a gov» t
Licensed Insolvency
Trustee, by discussing, formulating and implementing a compromise (deal) with your creditors while under court protection preventing them from exercising their normal rights everything stops, including collection action unless specifically exempted, like child support.
If you live in Alberta and are considering bankruptcy we suggest you contact one
of the following
Licensed Insolvency
Trustees in Alberta — the experts on Alberta bankruptcy law, by e-mail or by phone, to fully review your situation.
If you're unsure whether your debts are joint or you're wondering how a joint bankruptcy or consumer proposal process works, contact a
licensed Trustee in Bankruptcy to review your situation and discuss all
of your options.
Together with a
Licensed Insolvency
Trustee, you will review a set amount
of money that you can afford to pay back to your creditors each month over a reasonable period
of time.
A
licensed insolvency
trustee (previously called a bankruptcy
trustee) is regulated by the Office
of the Superintendent
of Bankruptcy.
When considering filing a consumer proposal, you will want to talk to a
Licensed Insolvency
Trustee — make sure that proposal payment terms are on your list
of items to discuss with the
Trustee.
Bankruptcy
trustees such as Adler are officers
of the court and are
licensed to administer bankruptcy and proposal estates.
As a
licensed insolvency
trustee firm, our practice is on the front lines
of Canada's household debt binge and the bad personal finance habits that ensnare so many people.
By approaching a
Licensed Insolvency
Trustee, you begin the process
of declaring bankruptcy.
The City
of Hamilton is contemplating more regulation
of payday loan lenders, so if you are going to go down the regulation route, the list
of resources must include links to the only professionals that are actually regulated and
licensed by the federal government to provide legally binding debt relief, and that's
licensed insolvency
trustees.
A
licensed insolvency
trustee can help you review your circumstances and understand all
of the options so that you can make the best choice possible.
We're here to help with all
of your debt relief, financial restructuring needs as your Government
Licensed Insolvency
Trustee.
Your Kitchener
licensed insolvency
trustee is like a referee in a hockey game: they don't work for either side, but they are there to make sure that everyone involved follows all
of the rules.
For this to happen, you trade what you own with a
Licensed Insolvency
Trustee in exchange for the removal
of your debts.
A phone call or free consultation with a
Licensed Insolvency
Trustee can help you analyze the causes
of your financial difficulty, as well as the most effective way to get your debt under control.
To file bankruptcy, you require the assistance
of a
licensed insolvency
trustee.
Our
Licensed Insolvency
Trustees in Ontario (
trustee in bankruptcy) will meet with you to determine your best debt repayment option, help determine your bankruptcy payments, determine the status
of your assets, coordinate with your creditors, and handle other elements
of your bankruptcy.
Scott Schaefer is a Chartered Professional Accountant,
Licensed Insolvency
Trustee and Consumer Proposal Administrator working out
of our Kitchener and Stratford offices.
Scott Schaefer and Ian Martin, both
Licensed Insolvency
Trustees and Consumer Proposal Administrators, will personally meet with you in our Stratford office, located on the second floor
of the Scotiabank building.
Speak to a
licensed insolvency
trustee to discuss your situation, review all
of your options and come up with a plan that's right for you.
I'm a
Licensed Insolvency
Trustee and my firm, Hoyes, Michalos & Associates does thousands
of consumer proposals and bankruptcies for people who turn to debt to make ends meet and eventually found themselves in deeper trouble.
One
of their new approaches has been to become a referral source to specific
Licensed Insolvency
Trustees for consumer proposals.
A
Licensed Insolvency Trustee is a person licensed by the Superintendent of Bankruptcy to administer consumer proposals and personal bankruptcy pr
Licensed Insolvency
Trustee is a person
licensed by the Superintendent of Bankruptcy to administer consumer proposals and personal bankruptcy pr
licensed by the Superintendent
of Bankruptcy to administer consumer proposals and personal bankruptcy processes.
However, if the reason you are seeking a payday loan is because you can not keep up with your other debt payments, you may need to seek the advice
of a
licensed insolvency
trustee.
Doug Hoyes, a
Licensed Insolvency
Trustee and co-founder
of Hoyes Michalos shares his professional insights gained from his experience in the debt management industry.
Our
Licensed Insolvency
Trustees have helped thousands
of people get out
of debt using consumer proposals.
Comparing some key points
of difference between
Licensed Insolvency
Trustees and traditional Credit Counsellors.
If you're having a difficult time managing debt, contact one
of our
Licensed Insolvency
Trustees in Milton.
We are very excited about our recent opening
of the Milton
Licensed Insolvency
Trustee (
Trustee in Bankruptcy) office in the Spergel network.
A
Licensed Insolvency
Trustee negotiates with your creditors repay the agreed settlement amount over a period
of up to 5 years in exchange for which you keep your assets.
To determine whether or not your RRSP is locked in, or whether or not you would lose your RRSP in bankruptcy, you should gather all
of the paperwork related to the RRSP, and contact a
Licensed Insolvency
Trustee for a free consultation.
We suggest talking with a
Licensed Insolvency
Trustee instead so you can start earlier on building a plan to become debt - free so you have money left at the end
of your pay period without having to rely on payday loans.