Ottawa bankruptcy, consumer proposal & credit counselling advice you can trust!

It’s very hard for people to understand the stress debt has on a person’s life. It can take a toll on personal, social & work relationships, not to mention the affect it can have on your health. Welcome to our bankruptcy & credit counselling Ottawa resource page. Here you will find the information you will need to determine whether or not you should declare personal bankruptcy.

Ottawa Bankruptcy Alternatives

Not everyone in financial difficult may need to declare personal bankruptcy, there are options. It really depends on a number of variables. Not the least of which is not having the ability to keep up with your payments. Basically those who are in financial trouble can make better use of their resources by consolidating their debt, submit a consumer proposal to creditors or declare bankruptcy.

To speak with Jean privately call and make an appointment. Jean is our  Ottawa Licenced Insolvency Trustee. He will answer all your questions & will give you the expert advice you need. The nearest office to you is in Ottawa (see map below for the exact location.) Make the call and come in for your free consultation. You will find that getting everything on the table with someone who can help you become debt free will, in itself, relieve a tremendous amount of stress and worry.

Credit Counselling

Seeking credit counsellor could be the best decision you will ever make. Understanding how to handle money helps you through your entire life. Credit counselling helps you to take control of your income with the help of a professional budget/credit expert. Credit counsellors use their experience and training to help you determine why you are in debt, the difference between good and bad debt and to find ways to deal with your current money problems. Learn more about credit counselling.

Personal Bankruptcy

Declaring personal bankruptcy may be the best decision you ever made. Of course there are consequences that can be quite serious, but there are tremendous advantages too. The stress, that being in debt carry’s, creates negative physical, emotional and relational consequences.

So what is Personal Bankruptcy?

Bankruptcy is a legal process that can provide relief to honest but unfortunate individuals who are unable to pay their debts. It’s there to give relief for those who need it. Learn more about personal bankruptcy.

What is a Consumer Proposal?

A consumer proposal is a formal, legally binding process that is administered by a Licensed Insolvency Trustee (LIT). In our case it would be Jean Lazard. Jean & his team would work with you to develop a “consumer proposal” which is an offer to pay creditors a percentage of what is owed to them, or extend the time you have to pay off the debts, or both. The term of a consumer proposal can’t be more than 60 months. Learn more about consumer proposals.

Please note that the Ottawa Licenced Insolvency Trustee provides credit counselling &  personal bankruptcy services in Nepean, Kanata, Orleans & Barrhaven Ontario.You will find more detail about your options here. Personal bankruptcy, Consumer Proposals & Credit Counselling.

If you found us online by searching for Ottawa Bankruptcy Trustee or Ottawa Bankruptcy please let us know. Thanks in advance.

Call Ottawa Licenced Insolvency Trustee Jean Lazard and be debt free!

Discussing your options with a Licensed Ottawa Insolvency Trustee