You also have the option to schedule a free consultation
with a Licensed Trustee and get personalized answers to your questions directly from them.
Ted Michalos: In fact if somebody's asking them for significant upfront fees, then they're probably not dealing
with a licensed trustee, they're dealing with someone called a debt consultant and you don't want to get me going on these days cause that's a whole other program.
Only licensed insolvency trustees (the new designation for bankruptcy trustees in Canada) may administer a consumer proposal, so before you sign any agreements to pay, make certain you are dealing directly
with a licensed trustee and not a debt consultant that will pocket your money and refer you elsewhere.
In order to make a bankruptcy application you must meet in person
with a licensed trustee in bankruptcy for something called the «assessment».
The BIA states that in order to file for bankruptcy, you must work
with a licensed Trustee - in - Bankruptcy who will facilitate the filing on your behalf.
You can meet
with a licensed trustee for a free consultation.
File monthly income and expense reports
with your Licensed Trustee to both monitor whether you have Surplus Income and to help you track your expenses and develop a budget.
Not exact matches
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.
We recommend speaking
with a
Licensed Insolvency
Trustee before you take this step.
It is important to know that this initial assessment is free and you are not committed to anything by talking
with a
licensed insolvency
trustee about your situation.
With over 30 years in the industry, our
licensed insolvency
trustee has helped individuals and families reduce their debt and set up repayment programs.
It's an arrangement that's negotiated
with your creditors through a consumer proposal administrator (who is also a
Licensed Insolvency
Trustee).
If you feel making a consumer proposal in Ontario is the right debt solution for your debt problems your next step is to speak
with a
Licensed Insolvency
Trustee.
Alternatively, you can simply complete the online evaluation form and we will match you
with a
Licensed Insolvency
Trustee in Alberta in your neighbourhood.
If you would like more information about consumer proposals in Greater Vancouver or need help figuring out if you qualify, a simple next step is to get in touch
with Westgeest & Associates, your gov» t
Licensed Insolvency
Trustee, for an individual, private conversation, assessment.
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.
Jeff is a Chartered Professional Accountant,
Licensed Insolvency
Trustee, Consumer Proposal Administrator, Certified Insolvency Counsellor; and meets
with clients in our St. Catharines and Niagara Falls offices.
A consumer proposal is regulated by because it can only be filed
with a
Trustee in Bankruptcy, who is
licensed by the federal government.
Shannon is a
Licensed Insolvency
Trustee and Consumer Proposal Administrator, helping individuals
with their debt problems in our Ottawa location.
The government has provided
trustees like Scott and Ian
with a
license to help individuals through their financial restructuring.
The procedure begins
with a debt assessment
with a
Licensed Insolvency
Trustee.
Your creditors will stop calling you and deal directly
with us, your gov» t
Licensed Insolvency
Trustee.
The best thing about working
with Westgeest & Associates, your
Licensed Insolvency
Trustee, is that we don't judge or belittle you for being in debt.
The process begins
with a free initial consultation
with either Scott Schaefer or Ian Martin, our two federally
licensed insolvency
trustees in Kitchener.
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.
At Hoyes Michalos you always meet
with a
licensed insolvency
trustee, not a salesperson.
In Kitchener, to file bankruptcy you must meet
with a
licensed insolvency
trustee (LIT) who will provide you
with the information necessary to help you make an informed decision.
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.
Some adapt by making only the minimum monthly payments on credit cards, which leads to a downward debt spiral, a journey that often ends
with seeking assistance from a
Licensed Insolvency
Trustee.
If you are struggling
with debt, a
licensed insolvency
trustee is the best person to talk to.
We're here to help
with all of your debt relief, financial restructuring needs as your Government
Licensed Insolvency
Trustee.
An LIT is
licensed by the federal government, and must have many years experience before they receive a
trustee license, so you can be confident that they have the knowledge and experience to provide you
with the bankruptcy help you require.
For this to happen, you trade what you own
with a
Licensed Insolvency
Trustee in exchange for the removal of your debts.
At Westgeest & Associates, your
Licensed Insolvency
Trustee, we offer quality debt counselling in Burnaby
with our clients foremost in mind.
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.
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.
As a
Licensed Insolvency
Trustee I meet
with people every day who need to file for bankruptcy or submit a proposal to their creditors to deal
with their debts.
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.
We encourage women to feel comfortable talking
with a
Licensed Insolvency
Trustee about their options.
Do not sign a contract that requires you to make any payments prior to meeting
with a
Licensed Insolvency
Trustee, signing your proposal documents and having them filed
with the government.
With offices across the province, we are sure to have a licensed insolvency trustee in your area who can help you solve your debt problems and move on with your l
With offices across the province, we are sure to have a
licensed insolvency
trustee in your area who can help you solve your debt problems and move on
with your l
with your life.
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.
When you file a consumer proposal, you are working
with a
Licensed Insolvency
Trustee to create a plan to pay off your unsecured debts, such as credit cards, payday loans, and income tax debt.
Barton Goth, a
Licensed Insolvency
Trustee with Goth & Company in Alberta, shares his professional insights gained from his experiences in the debt management industry.
It is possible to safely consolidate and settle your debt through a consumer proposal filed
with a
licensed insolvency
trustee.
A consumer proposal is a formal debt settlement option available in Canada under the Bankruptcy and Insolvency Act and filed
with a
Licensed Insolvency
Trustee.
If you're in the latter category, and are struggling to come up
with the funds to pay the Canada Revenue Agency (CRA), you may be best served by speaking
with a
Licensed Insolvency
Trustee (LIT).
The single most important thing to know is that only a
licensed trustee in bankruptcy can provide you
with protection under bankruptcy law in Canada.
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.