Bankruptcy Canada - Canadian Bankruptcy Information.
Welcome to Canada's #1 Bankruptcy Site.
All your questions about bankruptcy and consumer proposals will be answered here. Going Bankrupt can provide relief from debt and harassing creditor collection attempts.
- How bankruptcy works. Get the straight facts in plain English.
- Detailed Explanation on How Consumer Proposals Work.
- What is the cost and how long will I be in bankruptcy?
- FAQs .
- What debts are written off?
- What can I keep?
- View our Videos.
- Do I Choose a Bankruptcy or a Consumer Proposal?
- The steps in a bankruptcy. - PowerPoint presentation.
- The steps in a consumer proposal. - PowerPoint presentation.
- Preparing for your meeting with the trustee.
- Ask a Trustee. (3,000+ questions asked.) If you still have questions you can ask me. It's confidential.
When you're ready to stop creditor harassment and get a Fresh Financial Start, please contact us to schedule your own confidential and risk free evaluation meeting.
Search for Bankruptcy Trustees by Province or Territory.
Click on the map to find Canadian trustees in bankruptcy:
We Wrote the Book on Bankruptcy.
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One of the main purposes of Insolvency Law is to give a person, who is hopelessly burdened with debt, a fresh start by wiping out his or her debts.
The objective of this website is to provide the person, thinking about declaring bankruptcy or filing a consumer proposal, the information he or she needs to make an informed decision. You will then have a good understanding of what the law allows when you meet with your local bankruptcy trustee.
A Bankruptcy wipes out all a person's eligible debts usually within nine months. In the vast majority of cases the debtor has no assets that he or she would lose, and this gives a person a relatively quick fresh start when going bankrupt.
A Consumer Proposal is for people who want to pay off a portion of their debts (Say 20 or 30 percent) over a period of three to five years.
Contact one of our local insolvency trustees in confidence today to discuss your debt relief options. Visit our FAQ's, which will answer most of your questions.
If your questions are still not answered we have an Ask a Bankruptcy Trustee feature so you can ask a trustee in your area a question.
We have all the Exemptions - or assets you can keep in a bankruptcy - for each province and territory.
When you are ready to see an Insolvency Professional we have a listing of Trustees in all provinces, who will provide a FREE + CONFIDENTIAL Consultation.
Also check out our information on Credit Ratings and how you can get a FREE credit report.
We also have tips on how to get a credit card after you are discharged and re-establishing your credit. We have a list of Lenders who will give serious consideration to your loan application, knowing you have completed bankruptcy or a proposal.
By: Earl SandsBankruptcyCanada.com on Google+