Licensed Insolvency Trustee in Richmond Hill, Richmond Hill office is located at Leslie & West Beaver Creek Road and serves the communities of Richmond Hill, Thornhill and North York. Here we share the same location with Mr. Andrew Lee, C. A. who offers accounting and business consultation services.
Richmond Hill is one of the most multicultural municipalities of the Greater Toronto Area with 57% of residents born outside of Canada. There are also many affluent areas like The Bridle Path and some of the poorest areas such as the Jane and Finch. There are also many diverse neighborhoods that represent many different cultures such as Chinese, South Asian, Black Canadians, West Indians, Black Africans, West Asians and Arabs to name a few.
There are also many different services related to debt relief in Richmond Hill. This includes everything from Payday services, loan consolidation companies, banks, debt counselors and Licensed Insolvency Trustees. The question is “If you have a serious debt problem, which type of company should you consult and who is looking out for your best interests?”
While your first thought may be to consider contacting your financial institution or a loan consolidation company as a means to reducing your monthly payments, this is not always the best option.
- First, if you are turned down for the loan it will definitely be reflected in your credit score. Shopping around will only reduce your credit score further if each company runs a credit report.
- Second, their priority is to lend you money as that is how they make their money. There only concern is your ability to repay the loan, not necessarily your best interest.
A Licensed Insolvency Trustee on the other hand is not paid based on commission or on a percentage of the interest you pay. They work for you, not a financial institution. They are completely unbiased and can other you the best advice based on your particular financial situation. A trustee can also offer you all options including a consumer proposal or a personal bankruptcy which most institutions cannot.
Meeting with a trustee does not require you to take any action. You can listen to the options available and choose not to do implement any option. In fact your initial consultation is FREE.
If your losing sleep at night as you are too worried about money and how you are going to pay your bills, it’s time to take to one of the friendly staff at Killen. They have helped many people with debt problems.
Our Richmond Hill office is at:
Richard Killen & Associates Ltd
9140 Leslie Street
Richmond Hill, ON L4B 0A9
Tel: (905) 513-0699
Richard Killen & Associates is a Licensed Insolvency Trustee in Richmond Hill and licensed consumer proposal administrator’s that provide debt relief services such as debt counseling, consolidation loans, creditor negotiation, consumer proposals and bankruptcy services to the residents of Richmond Hill, Thornhill and North York.