Considering Declaring Bankruptcy?
No Matter What The Financial Situation, There Are Always Options.
We'll find the right solution for your specific financial situation and get you back on track to rebuilding your worth today, debt free.
What Happens After You Declare Bankruptcy?
When you declare bankruptcy, Bromwich+Smith immediately stops all creditor actions. Creditors can no longer contact you and collection activities must stop. Gain peace of mind knowing your past is behind you and a blank slate awaits.
Advantages Of Declaring Bankruptcy Although it is not to be undertaken lightly, there are advantages to declaring bankruptcy.
Financial review with one of our Licensed Insolvency Trustees.
Gain money management skills through private counseling meetings.
Last as little as 9 months from filing.
Eliminate your debt and gives you a fresh start.
You have options
Before we recommend that you declare bankruptcy, all other options, such as a Consumer Proposal, are examined in detail. However, in some cases, declaring bankruptcy can be the best option to eliminate debt and allow you to start over with a clean slate.
If it is determined that bankruptcy is your best option, don\'t worry -we\'ll work with you to rebuild your worth, every step of the day.
We Are Here To Listen And Help
Compassionate & Confidential Wherever you are, whenever you need us. All services available virtually, Monday through Saturday.
The Bankruptcy Process Declaring bankruptcy is easier than you think.
Speak With A Debt Relief Specialist
First, a Bromwich+Smith Debt Relief Specialist will go over your current financial situation with you. Your free bankruptcy consultation takes place over the phone and from the comfort of your own home.
Discover Your Options
We will review your income and any family situation expenses (child/spousal support payable, child care costs, medical expenses, etc.) against a government set standard to determine the amount you will have to pay each month (called surplus income), plus any debt that can be recouped from the sale of any non-exempt assets (see the note below).
How Long Can It Take
The length of time you will have to make payments depends upon whether or not you have been bankrupt before. In some cases, you won\'t even have to make any payments at all and you will be finished in as little as 9 months!
You Are Free
Next, Bromwich+Smith will formally declare bankruptcy on your behalf. Then, a massive burden will be immediately lifted from your shoulders: no more bothersome phone calls, no more garnished wages, active lawsuits come to an end, and any frozen bank accounts are thawed.
Hear How We Have Helped Other Canadians Just Like You Follow these 5 clients on their journey from struggling with overwhelming debt to new hope and optimism on the path to rebuilding their worth
Put a stop to creditor actions & eliminate debt today
FREE CONSULTATION. We'll find the right solution for your specific financial situation and get you back on track to rebuilding your worth today, debt free.