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Ontario Bankruptcy Information; Ontario Bankruptcy Trustees: Mississauga, London, North York, Hamilton, St. Catharines, Brampton and surrounding areas, of Ontario.
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NEWS FLASH, DECEMBER 14, 2007:
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Got Debt? Need Help?
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We are a firm of trustees in bankruptcy specializing in debt solutions for your personal financial problems. We have offices in Mississauga, London, North York, Hamilton, St. Catharines, Brampton and surrounding areas of Ontario. Our website's purpose is to provide Ontario bankruptcy information and other options that will help people in Mississauga, London, North York, Hamilton, St. Catharines, Brampton and surrounding areas of Ontario get a fresh financial start, and to provide resources to assist in building a secure financial future!
Many people experience financial problems at some time or another. The good news is that our Ontario bankruptcy trustees have solutions to many of the following problems:
Harassment from creditors regarding overdue accounts
Borrowing from one credit card to pay another
Struggling to survive from one payday to the next
Subject to legal action or garnishment of wages
Making minimum payments on credit card debt
Exceeding spending limits
Problems with health, family or job performance
Our bankruptcy trustees help people manage and resolve severe financial problems. We understand how stressful this situation can be and know how to help. Our goal is to guide people through a very difficult time and help them move towards a brighter, more financially secure future.
Our bankruptcy trustees are available to assist you in identifying your options and forming a plan to get you a fresh financial start. Our Ontario bankruptcy trustees have many ways to assist people with their financial problems. These include:
Consumer proposals;
Budgeting;
Debt Counselling;
Third party settlements with creditors; and
Refinancing.
Important Ontario bankruptcy information for your protection:Although you need a bankruptcy trustee to go bankrupt, bankruptcy is not the only thing a trustee in bankruptcy can help you with. Our Ontario bankruptcy trustees are highly trained professionals who will give you the best advice we can, even if it means you do not use our services. Our Ontario bankruptcy trustees are licensed by the Federal Government and subject to stringent codes of ethics. Ontario Bankruptcy trustees are the only debt professionals, in Ontario, who can provide a full range of financial solutions. Furthermore, Ontario bankruptcy trustees are the only debt professionals, in Ontario, who can guarantee that you will get protection from your creditors. Our Ontario bankruptcy trustees are knowledgeable, helpful and friendly. We'll start by scheduling a meeting with you to discuss the solutions best suited to your situation. This meeting is free, and it's confidential. We'll help you make the right decision so you can regain control of your life. |
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If an Ontario bankruptcy or an Ontario proposal is your best option for getting a fresh financial start you are allowed
to keep up to $34,000 of personal assets as follows:
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$ 5,650.00 |
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$11,300.00 |
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$11,300.00 |
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$28,300.00 |
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$ 5,650.00 |
Please note that this is general Ontario bankruptcy information as well other debt solution options, and does not replace the specific details that need to be discussed in a meeting with one of our Ontario bankruptcy trustees. Some other issues may include being judgement proof, co-signers, the effect on your spouse, separation between spouses, surplus income guidelines, stay of proceedings, and income tax consequences.
Most of the people who file a bankruptcy or a proposal are good, honest, hard-working people who file as a last resort after months or years struggling to pay the bills left over from some catastrophic event or set of circumstances. It can be because of a divorce, the loss of a job, a failed business venture, a serious illness, or some family emergency, or because the person honestly and mistakenly fell into debt at a young age before they knew better, and before they knew anything about budgeting or how to manage money.
Ontario's bankruptcy laws are designed to permit an honest but unfortunate debtor to obtain a discharge from his or her debts while treating creditors equally and fairly.
Last year, just under 100,000 individuals in Canada filed for personal bankruptcy or filed a proposal.
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Overview:
Information:
Ask a bankruptcy trustee;
(It's confidential).
Ontario Bankruptcy Exemptions
(Assets you keep in a bankruptcy or proposal);
Personal Proposals
(Avoiding bankruptcy);
Debt that is erased in a bankruptcy or a proposal;
Credit Bureaus and Collection Agencies;
After Bankruptcy:
Credit after bankruptcy or a proposal;
Budgeting Spreadsheet.
Free Excel Spreadsheet for personal budgeting.
Other links:
