Many of the people I talk to each day in my Mississauga office start the conversation with “ so how does this work?”
For most people considering filing for bankruptcy has been a long road, and not at all easy. Often a lot of very bad things have happened along the way to bring you to the point that filing for bankruptcy is a consideration. The good news is, making the decision to go see a trustee is probably the hardest part of the process. Everything else is easy.
The procedure for filing is not all that complex, you do need to engage a licensed trustee in bankruptcy to proceed, only a licensed Trustee can file a bankruptcy for you. Also the paperwork required is not difficult to prepare, and your trustee will help you so you don’t need a “debt Consultant” to do this for you, save your money and see a trustee directly.
This link will take you to a site that goes through the details of what you need and what you can expect as you go through the process.
Another thing that many people don’t know is that most people who think they need to file a bankruptcy end up not doing so. Most people after they talk to a Trustee in Bankruptcy end up not filing for bankruptcy and do a Consumer Proposal instead. A ConsumerProposal allows you to deal with your debt without bankruptcy, and is fast becoming the preferred method of dealing with debt in Canada.
If you have too much debt, and too many questions about what you can do about it, Call us we can help you make a plan the works for you. Initial consultations are free.
Call 310-PLAN ( 7526) or click on www.hoyes.com and lets get started.
Comments on this entry are closed.