Is Bankruptcy the Best Solution for Me?

What is bankruptcy?

So what is bankruptcy not?

What are the advantages of bankruptcy?

  • A way to finally get rid of your unsecured debt (such as credit card debt and unpaid utility bills). On completion of your bankruptcy, the unsecured debts included are discharged, which means they are eliminated.
  • Legal protection from your unsecured creditors. Because bankruptcy is a legal process, once you file, your creditors are stopped from all collection activity. This means an end to the collection calls, wage garnishments, start or continuation of any legal action to recover on your debt, and frozen bank accounts.
  • A chance to start over fresh with a clean financial slate.
  • Relief from the anxiety and pressure of financial overwhelm.

What are the disadvantages of bankruptcy?

How do I determine if bankruptcy is the best solution for me?

What can I do to immediately improve my financial situation?

So, is bankruptcy right for me?

Contact A Licensed Insolvency Trustee Today

So what is bankruptcy not?

What are the advantages of bankruptcy?

  • A way to finally get rid of your unsecured debt (such as credit card debt and unpaid utility bills). On completion of your bankruptcy, the unsecured debts included are discharged, which means they are eliminated.
  • Legal protection from your unsecured creditors. Because bankruptcy is a legal process, once you file, your creditors are stopped from all collection activity. This means an end to the collection calls, wage garnishments, start or continuation of any legal action to recover on your debt, and frozen bank accounts.
  • A chance to start over fresh with a clean financial slate.
  • Relief from the anxiety and pressure of financial overwhelm.

What are the disadvantages of bankruptcy?

How do I determine if bankruptcy is the best solution for me?

What can I do to immediately improve my financial situation?

So, is bankruptcy right for me?

Contact A Licensed Insolvency Trustee Today

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Adamson & Associates, Inc.

Adamson & Associates, Inc.

Licensed Insolvency Trustee. Experts in bankruptcy, consumer proposals, credit counselling, and other debt solutions in Ontario. adamsontrustee.com