Let’s face it: the past few years have been tough for Alberta. Our province has experienced major job losses, business closures, and a declining economy. Chances are you know somebody who has been impacted by the economic downturn or have been affected yourself. If you’re finding it difficult to cope with financial pressures, get in touch with the team at Fox-Miles & Associates Inc. We offer comprehensive insolvency solutions to individuals and businesses in Edmonton and can help you to turn the corner on financial problems.
We specialize in four key areas of insolvency:
While bankruptcy is not always the first-choice option for individuals hindered by debt, it is an effective method for addressing significant financial problems. Credit card debt, overdue loans, and missed mortgage payments can create what can seem like insurmountable challenges. However, the team at Fox-Miles & Associates Inc. can work with you to develop a coherent plan to tackle your finances, reduce your debt burden—and your stress.
When financial pressure becomes too much to bear—when it seems as though you’re drowning in overdue invoices and are struggling to keep up with payroll—it might be time to consider filing for corporate bankruptcy. Filing for bankruptcy can create the conditions for clearing your debt, can prevent collection calls, and free you from what can seem like never-ending anxiety. At Fox-Miles & Associates Inc., we don’t believe that bankruptcy carries any stigma and understand the strains and pressures that our clients can experience.
Debt and Credit Counselling
As debt-to-income ratios continue to increase in Canada, it’s no surprise that many families, individuals, and business are starting to feel the pinch, nor is it surprising that some are in dire financial straits. As debt burdens increase, so does the possibility for disastrous financial outcomes. Taking charge of your financial issues should be a top priority and can help you to prevent further difficulties down the road. If you’re experiencing difficulty in managing your financial affairs, get in touch with Fox-Miles & Associates Inc. We can help you take stock of your finances, manage your money, debt load, and to improve your credit score.
Are you hounded by collection agencies? Do you receive calls and letters demanding money and threatening legal action? Unfortunately, ignoring them seldom makes them go away and usually results in a worsening situation. It can be difficult to see a way out when all of your calculations show that the money just isn’t there. However, a consumer proposal could be the answer. Consumer proposals are effective tools for restructuring and reducing debt, protecting your assets and income, and staving off bankruptcy.
If you need help from a licenced insolvency trustee in Edmonton, get in touch with the compassionate and expert team at Fox-Miles & Associates Inc. today. We’re here to show you the way out of debt.