Oshawa Licensed Insolvency Trustee, 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 debt counseling 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.
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.
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.
The best solution is to talk to a Licensed Insolvency Trustee. This does not mean that you are committed to declare bankruptcy or committed to taking any action. A trustee is the only person that can provide you 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.
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.
Our Licensed Insolvency Trustee office in Oshawa is located on Simcoe Street just north of King Street.
Richard Killen & Associates
Licensed Insolvency Trustee and Licensed Consumer Proposal Administrator
146 Simcoe St N,
Oshawa, ON L1G 4S6
Tel: 1 (888) 545-5365
Call one of our trusted advisors today. If you are like most people that come to our office, you will wish you had called sooner.
Richard Killen & Associates is an Oshawa Licensed Insolvency Trustee, which offers debt relief services such as debt counseling, creditor negotiation, consumer proposals and personal bankruptcy assistance to the residents of Oshawa, Whitby, Courtice, Clarington, Bowmanville and Newcastle.