Richard Killen & Associates is an Oshawa Licensed Insolvency Trustee, which offers debt relief services such as debt counselling, creditor negotiation, consumer proposals and personal bankruptcy assistance to the residents of Oshawa, Whitby, Courtice, Clarington, Bowmanville and Newcastle.
Oshawa Licensed Insolvency Trustee
GET A FRESH START
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Get Out Of Debt
As a Licensed Insolvency Trustee in Oshawa, Ontario Richard Killen & Associates Durham office is located in the heart of Oshawa and serves the nearby communities of Whitby, Courtice, Bowmanville, Newcastle and Clarington. We provide a full range of financial debt counselling services including creditor negotiation, consumer proposals and helping individuals filing for bankruptcy.
Since 1992 we have assisted thousands of individuals with financial troubles to get a fresh start. We understand the enormous pressure and stress that debt can put on you, not to mention your loved ones. Financial stress can also lead to health problems as any kind of stress can wreak havoc on your health.
Oshawa Licensed Insolvency Trustee Ontario
If you find yourself constantly stressed about your bills and the worry is keeping you up at night, it is time to seek some professional guidance. So the question becomes who do you talk to and what are your options.
There is no cost for the initial consultation and it will likely be the most stress relieving call you will ever make. We also offer after-hours appointments for your convenience. The initial consultation is always free.
Our Licensed Insolvency Trustee office in Oshawa is located on Simcoe Street just north of King Street.
- Richard Killen & Associates Ltd
- Licensed Insolvency Trustee and Licensed Consumer Proposal Administrator
- 146 Simcoe St N, Oshawa, ON L1G 4S6, Canada
Usually, the first option that people consider is to get a consolidation loan. Sometimes that is all you need to get back on your feet. However, if your credit score is already low, successfully obtaining a loan might be difficult. And each time you apply, that is another blow against your credit rating. The loan company is not out to advise you on the best solution to your financial crisis. All they are concerned about is selling you a loan agreement (which is how they make money) and whether or not they feel you are a good risk.
The ironic thing about consolidation loans is that when people are turned down because of bad credit, chances are the one monthly consolidated payment is less than what you are probably paying before consolidating your payments. So it realty you have a much better chance of repaying the consolidated loan versus your current payments.
Oshawa Consumer Proposals For Debt Relief
The best solution is to talk to a Licensed Insolvency Trustee. This does not mean that you are committed to declaring bankruptcy or committed to taking any action. A trustee is the only person that can provide you with an overview of all the solutions and is working on your behalf, not any financial institution. They are unbiased and their objective is to give you the information you need to make the best decision for your particular situation.
Testimonials
What our customers say about us
QUESTIONS ANSWERED ABOUT BANKRUPTCY
What factors determine if bankruptcy is the best solution for me?
Who will know about my bankruptcy?
How does bankruptcy affect my wages?
Does bankruptcy affect my spouse?
What happens with respect to my taxes?
The Trustee usually is assigned refunds from the post-bankruptcy return be paid to the creditors. Income taxes owing prior to the bankruptcy are discharged. Any amount owing on the post-bankruptcy tax return must be paid by the bankrupt.
If I go bankrupt, will I need a bankruptcy lawyer in Toronto?
Will I ever be able to get credit again?
What is a Licensed Insolvency Trustee in Toronto?
Are student loans discharged in bankruptcy?
An individual filing bankruptcy within ten years of last attending school will not be eligible to have their student loans discharged at the end of the normal nine-month bankruptcy term. Rather, that individual must make a separate application to the court to have the student loans discharged after the ten-year period has passed.
The laws involving bankruptcy and student loans are relatively new and the Courts will be interpreting these new laws and your Trustee will advise you of up-to-date changes.
GET A FRESH START
Please provide the following information so we may contact you for your free consultation.