[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/rkillen.ca\/a-person-in-toronto-asks-should-i-go-bankrupt\/#BlogPosting","mainEntityOfPage":"https:\/\/rkillen.ca\/a-person-in-toronto-asks-should-i-go-bankrupt\/","headline":"A Person in Toronto Asks -Should I Go Bankrupt?","name":"A Person in Toronto Asks -Should I Go Bankrupt?","description":"A Person in Toronto Asks -Should I Go Bankrupt?Watch this video on YouTube In this video, Richard Killen, a Licensed Insolvency Trustee in bankruptcy with offices across Toronto answers the question. I don\u2019t know how many times I have been asked by somebody during the course of the free consultation we provide to consumers at […]","datePublished":"2018-07-06","dateModified":"2023-04-04","author":{"@type":"Person","@id":"https:\/\/rkillen.ca\/author\/adminrkillen\/#Person","name":"R. Killen","url":"https:\/\/rkillen.ca\/author\/adminrkillen\/","identifier":1,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/291a08cd2df156bf4f7bceb09e15cda94bbf15ef7e70c7db3a538bde0c4a0230?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/291a08cd2df156bf4f7bceb09e15cda94bbf15ef7e70c7db3a538bde0c4a0230?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Richard Killen and Associates","logo":{"@type":"ImageObject","@id":"https:\/\/rkillen.ca\/wp-content\/uploads\/2016\/08\/landscape-logo-12345-for-web.png","url":"https:\/\/rkillen.ca\/wp-content\/uploads\/2016\/08\/landscape-logo-12345-for-web.png","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/rkillen.ca\/wp-content\/uploads\/2018\/07\/a-person-in-toronto-asks-should.jpg","url":"https:\/\/rkillen.ca\/wp-content\/uploads\/2018\/07\/a-person-in-toronto-asks-should.jpg","height":720,"width":1280},"url":"https:\/\/rkillen.ca\/a-person-in-toronto-asks-should-i-go-bankrupt\/","video":{"@context":"http:\/\/schema.org\/","@type":"VideoObject","@id":"https:\/\/www.youtube.com\/watch?v=jh38cTCHlDo#VideoObject","contentUrl":"https:\/\/www.youtube.com\/watch?v=jh38cTCHlDo","name":"A Person in Toronto Asks -Should I Go Bankrupt?","description":"https:\/\/rkillen.ca\/personal-bankruptcy-toronto-a-fresh-financial-start\/ Richard Killen, a Licensed Insolvency Trustee with offices across the Greater Toronto Area, answers the question. \n\nI have lost count of the number of times during an initial free consultation that people have asked me\n\nWhat do you think, should I go bankrupt? \n\nMy answer is always the same for everyone. I advise them its not up to me to tell you to go bankrupt. \n\nPersonal bankruptcy is a personal decision. A bankruptcy may work for one person and it might not be a good fit for another. A trustee can give you a good idea of the pros and cons of declaring bankruptcy and other alternatives to consider such as a consumer proposal. \n\nTherefore, to answer the question, should I go bankrupt? My answer is you need to decide that once you understand the pros and cons. \n\nIf you are behind on your taxes, credit cards or have other debt problems, consider talking to one of our trustees. We can help you review all your options for debt relief. \n\nContact us for a fresh start (416) 285-9511\n\nThis may be the most stress relieving call you will ever make!\n\nFollow us on Social Media: \nhttps:\/\/www.instagram.com\/killen_trustee\/\nhttps:\/\/twitter.com\/Killen_Trustee\nhttps:\/\/www.facebook.com\/rkillenassociates\nhttps:\/\/www.linkedin.com\/company\/richard-killen-&-associates\/\nhttps:\/\/www.linkedin.com\/in\/richard-killen-020aaaba\/\n\nRichard Killen and Associates have 10 locations across the Greater Toronto Area.\n\nOur Scarborough office is located at\nRichard Killen & Associates Ltd\n2130 Lawrence Ave E #Suite 402, Scarborough, ON M1R 3A6\nTel: (416) 285-9511\nhttps:\/\/rkillen.ca","thumbnailUrl":["https:\/\/i.ytimg.com\/vi\/jh38cTCHlDo\/default.jpg","https:\/\/i.ytimg.com\/vi\/jh38cTCHlDo\/mqdefault.jpg","https:\/\/i.ytimg.com\/vi\/jh38cTCHlDo\/hqdefault.jpg","https:\/\/i.ytimg.com\/vi\/jh38cTCHlDo\/sddefault.jpg","https:\/\/i.ytimg.com\/vi\/jh38cTCHlDo\/maxresdefault.jpg"],"uploadDate":"2018-06-27T01:43:29+00:00","duration":"PT53S","embedUrl":"https:\/\/www.youtube.com\/embed\/jh38cTCHlDo","publisher":{"@type":"Organization","@id":"https:\/\/www.youtube.com\/channel\/UCVqfGDwXy-OK5RHKZGkaMUw#Organization","url":"https:\/\/www.youtube.com\/channel\/UCVqfGDwXy-OK5RHKZGkaMUw","name":"Richard Killen & Associates Ltd","description":"Since 1992 we at Richard Killen & Associates have helped thousands of people resolve their financial problems. With over 22 years experience in this industry, our president, Richard Killen, and the rest of our team understand the difficulties that honest people can sometimes find themselves in. This expertise makes it possible to provide you with a service that effectively deals with the issues.\n\nThe strength of our company is exemplified by the manner in which we treat our customers. We understand the intense pressure people are under. You will feel better after having spoken with our staff and your sense of dignity will be restored. The relief most people feel is tangible.","logo":{"url":"https:\/\/yt3.ggpht.com\/ytc\/AIdro_nK1yzM56nIFCGmWO7scxw1pLTW2Z8LVLH_kg8kdbbfw5M=s800-c-k-c0x00ffffff-no-rj","width":800,"height":800,"@type":"ImageObject","@id":"https:\/\/www.youtube.com\/watch?v=jh38cTCHlDo#VideoObject_publisher_logo_ImageObject"}},"potentialAction":{"@type":"SeekToAction","@id":"https:\/\/www.youtube.com\/watch?v=jh38cTCHlDo#VideoObject_potentialAction","target":"https:\/\/www.youtube.com\/watch?v=jh38cTCHlDo&t={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"},"interactionStatistic":[[{"@type":"InteractionCounter","@id":"https:\/\/www.youtube.com\/watch?v=jh38cTCHlDo#VideoObject_interactionStatistic_WatchAction","interactionType":{"@type":"WatchAction"},"userInteractionCount":105}]]},"about":["Advice from Richard","Bankruptcy","Consumer Proposals","Credit","Debt","Finances","Videos"],"wordCount":148,"articleBody":"A Person in Toronto Asks -Should I Go Bankrupt?Watch this video on YouTubeIn this video, Richard Killen, a Licensed Insolvency Trustee in bankruptcy with offices across Toronto answers the question.I don\u2019t know how many times I have been asked by somebody during the course of the free consultation we provide to consumers at the beginning. What do you think, should I go bankrupt?My answer is always the same for people. Its not up to me to tell you to go bankrupt.Bankruptcy is a personal decision. What might work for one person, might not work for another person. Although what you can get from a trustee is a good idea of what is going to happen if you do a bankruptcy opposed to a consumer proposal.So to answer the question, should I go bankrupt? My answer is you need to decide that."},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"A Person in Toronto Asks -Should I Go Bankrupt?","item":"https:\/\/rkillen.ca\/a-person-in-toronto-asks-should-i-go-bankrupt\/#breadcrumbitem"}]}]