Declaring Toronto Bankruptcy Via Toronto Bankruptcy Trustee
For some people, declaring a Toronto bankruptcy through the help of a Toronto Bankruptcy Trustee (now called a licensed insolvency trustee or LIT) has helped thousands of people overcome their debt problems. These debt professionals offer a variety of debt solutions to help clients get their finances back on solid ground.
Stress brought by debt can affect the overall well-being of an individual and their families. It is common for couples or families in a household to have arguments that almost always revolve around finances. The pressure of not having enough money can constantly be on your mind until it is almost all you think about. Later on, you might have trouble sleeping and the strain may start to affect your work.
You have probably thought about filing bankruptcy and other measures to relieve your debt. Nevertheless, thinking about what to do and how to choose the best solution can be tough especially if you have no idea where to start. As you delay your actions, your debt will continue to build up.
The first thing you must realize is that there is help out there. You do not need to suffer through a solution on your own. In most cases, contacting a licensed Toronto bankruptcy trustee may not be the first choice you think about, in many cases, it is your best choice.
The Advantages of a Licensed Insolvency Trustee
A trustee always looks out for the interest of individuals who are looking for solutions to pay their debt, while at the same time trying to be fair to the money lenders, banks, or credit card companies. Unfortunately, financial institutions that loan money are only concerned about whether they can earn from you by imposing high-interest rates.
In case you have already found yourself in such a situation, a trustee is there to present you with all of your options for debt relief after a thorough financial review. They can also offer you various options that other credit counsellors or financial institutions cannot. This includes consumer proposals, filing bankruptcies, and less severe options such as debt counselling. A trustee can help you make an effective action plan to manage your payment terms and focus on your financial goal. In addition to this, trustees can also negotiate with creditors on your behalf.
We have been advising good people who have found themselves in debt since 1992. We realize that while you may at first be hesitant to call our office when you do call, you will immediately feel a drop in your stress level.
Your first consultation is always free and we also arrange after-hours consultations to accommodate your schedule. In the first consultation, we will review your situation and based on that review will outline the various options available to you. We provide solid advice however ultimately, it’s up to you to decide on the best strategy to alleviate your debt problem.
You always have to right to know all of the available options to attain your financial goals.
Our Toronto location is just south of the 401 on the west side of Islington. Our address is
Richard Killen & Associates
2150 Islington Avenue, Suite 202,
Toronto ON M9P 3V4
Tel: 1 (888) 545-5365
Remember, a call to Richard Killen & Associates Yonge Street office could be the most stress relieving call you’ll ever make.
For more information on debt solutions, please call our Toronto Licensed Insolvency Trustee and credit counsellor office today at 1 (888) 545-5365 to get the relief you‘ve been looking for!
If you are considering a Toronto bankruptcy or other options to deal with your debt, only a Licensed Insolvency Trustee or a Toronto Bankruptcy Trustee in Toronto can provide you with all the debt relief options available and also review the legal pros and cons of each solution, which most financial institutions cannot do.