Learn More About Personal Bankruptcy from Edmonton Professionals
You aren’t making enough to cover your debts, and they continue to grow. After carefully considering every option, bankruptcy may be the only way to clear your debt off your plate.
Sit down with a qualified trustee at Fox-Miles & Associates. Our compassionate credit counsellors can walk you through every step of the bankruptcy process.
Navigate Your Personal Bankruptcy
The first step in personal bankruptcy is a consultation with one of our licensed insolvency trustees. Our trustees will review your financial statements, income, credit history, monthly bills, and outstanding debts. We will provide you with a thorough evaluation of your financial situation, and outline which remaining options you have to pay off your debts.
If personal bankruptcy in Edmonton is your most viable option, you and a trustee will work together to complete the necessary forms to file for bankruptcy.
Understand the Filing Process
Once you’ve declared bankruptcy, our trustee will deal with your debt collectors and creditors for you. We also can sell off your non-exempt assets, and hold the profit in a trust to pay off your creditors.
You’ll discontinue any payments you’ve been making to them and no longer need to pay off debts. Your creditors will no longer garnish your wages, but they may request a meeting with you and your bankruptcy counsellor.
During this time you will be legally required to attend two credit counselling sessions.
Schedule Your Free Consultation Today
Don’t let debt impede your financial future. It’s time to clear it out of your life once and for all. If it’s time for personal bankruptcy in Edmonton, contact the licensed insolvency trustees at Fox-Miles & Associates.
“Thanks for the help. It’s been seven years – debts are $0.00!” – J.B.