Fox-Miles & Associates Inc. Licensed Insolvency Trustee

Licensed Insolvency Trustee

Your Personal Bankruptcy Advisors In Edmonton

Learn More about Personal Bankruptcy from 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 Inc. Licensed Insolvency Trustee. Our compassionate credit counsellors can walk you through every step of the bankruptcy process.

Why Might You Need Personal Bankruptcy?

The problems of personal debt may be sudden or gradual, but they often come with warning signs. Have you been missing payments? Do you qualify for a debt management plan to reduce payments? Do you have maxed out credit cards or a home equity loan? Have you had a major setback such as a job loss or a divorce? When these unfortunate things happen it may be time to declare bankruptcy. 

Yes, a bankruptcy is damaging to your credit rating, but we can help get you out from under the weight of mounting debt.

Do You Qualify for Personal Bankruptcy?

Not everyone qualifies for bankruptcy. According to the Bankruptcy and Insolvency Act, there are general qualifications that must be met in order to qualify for bankruptcy. First, you must be a Canadian resident. Second, you must be unable to pay your bills when they come due. Third, you must owe more than $1,000. 

Remember, these are just general qualifications. There are other factors to consider in declaring bankruptcy. It is meant for those that, after paying for a basic cost of living, they cannot pay down their debt. If you’re looking for a fresh financial start bankruptcy allows for certain advantages. It gives you legal protection from creditors and eliminates most unsecured debts. It is relatively inexpensive when compared to the cost of the debt and you can usually be debt free within 9-21 months after a first bankruptcy.

Navigate Your Personal Bankruptcy in Edmonton

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 Fox-Miles & Associates Licensed Insolvency Trustee.

To schedule your free consultation, call us today at 780-444-3939.

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Debt Free

“Thanks for the help. It’s been seven years – debts are $0.00!” – J.B.


Bookkeeping Services

“The importance of good bookkeeping is paramount. It allows me to see where my company really is.” – A.C.


Living within My Means

“I make my remittances on time every time. I have learned not to spend my tax money on wants. I live within my means.” – N.C.


Going to Bat for Me
“It felt good to have someone protect me and go to bat for me.” – N.C.


Benefited from Your Expertise and Counsel

"I very much regret the brain defects that I am forced to ensure but so privileged to have gained your friendship and benefited from your expertise and counsel. I shall be honoured to recommend you and your most helpful personnel to any friends who might find themselves in similar straits to my own." – J.C.


Taken Stress off My Shoulders

"I just wanted to take this time to once again thank you for all your help over the past year. No words can describe the pressure and stress you have taken off my shoulders. I hope the day comes when I can thank you in person." – L.W.


Changing Our Lives 

Hello Rhonda + Les,

"Thanks for changing our lives! Hope your February is filled with much joy and happiness!" – D.D.


A Learning Experience

"Les, just a note to say how much I appreciate you, and your time and patience with the process. What a journey…and learning experience. With thanks and appreciation" - Sincerely, J.M.

Contact Us

A free consultation is just a phone call away


Main Office

310 - 8702 Meadowlark Road West, Edmonton, AB T5R 5W5

Phone: 780-444-3939
Toll Free: 1-877-535-5355
Fax: 780-444-0158

Business Hours
Monday – Friday: 8:30 AM - 4:30 PM


Sherwood Park Office


126 - 363 Sioux Road,
Sherwood Park, AB, T8A 3X5

Business Hours

By appointment only, 2nd and 4th Fridays


Hinton Office
209 - 211 Pembina Avenue,
Hinton, AB, T7V 2B3

Business Hours

By appointment only, 1st and 3rd Fridays

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