Bankruptcy & Consumer Proposal advice you can trust!

If you live in the Mont-Tremblant area and have found yourself having trouble keeping up with your personal debt load, we can help! Bonjour & welcome to our bankruptcy trustee Mont-Tremblant information page. Here you will find information about personal bankruptcy, consumer proposals & credit counselling services in the Mont-Tremblant area.

Bankruptcy Trustee Mont-Tremblant – How to choose one.

The way to do this is to book a consultation with a Mont-Tremblant Licensed Insolvency Trustee. Basically you want to find a trustee you feel comfortable with and who has years of experience. Ask your questions and try to get a feel for the Trustee too see if you feel comfortable working with them.

Bankruptcy Options

Discuss your options.There are basically three options or alternatives to declaring personal bankruptcy. Firstly, you can renegotiate your debts with creditors; this is called a consumer proposal. Secondly, you can consider getting a consolidation loan that would pay off all your creditors and just have one payment to one creditor. Thirdly, credit counselling may work. You may be able, with some expert help, come up with a way to control you’re spending and pay debts off in a disciplined fashion.

You will find more detail about your options here. Personal bankruptcy, Consumer Proposals & Personal Bankruptcy
Note: Voluntary Deposit scheme. For residents of Quebec, the Voluntary Deposit scheme (better known as the “Lacombe Law”) is similar to a consolidation order. You must make a monthly payment based on your income and number of dependants, to the court. This service is usually available at the local courthouse.

What to expect if you file for bankruptcy

People have a lot of apprehension around dealing with their money problems. It’s understandable considering your finances are a very personal matter. Education and information help people to get the courage to take the first steps in dealing with their debt. Below is a video created by the Office of the Superintendent of Bankruptcy Canada. The video walks you through what to expect if you file for bankruptcy.