One of the most common questions Rhonda Fox-Miles is asked is should I file for bankruptcy? You aren’t alone.
Are you having trouble making payments?
Credit cards, car loans, mortgage payments, CRA tax debt, business debt are just some of the types of debt bankruptcy we can help you navigate.
Creditors harassing you?
Bankruptcy helps to deal with creditors by placing a stay of proceedings on collections, which stops collections and provides immediate relief to your monthly debt obligations.
Feeling stressed?
When in financial difficulty, the amount of stress that builds up over time can seem inescapable and tends to affect all aspects of life, from business to personal relationships. Because bankruptcy helps alleviate the burden of debt while providing a structured financial solution that is possible for your fresh start.
Many people find their stress levels decrease significantly when they decide to go bankrupt. Because of bankruptcy they no longer have the burden of dealing with the daily stress of their debts. The licenced insolvency trustee under the authority of the Bankruptcy and Insolvency Act of Canada takes charge.
With the economic uncertainty people are experiencing due to COVID-19, there will be many people who go bankrupt. As a result many people will turn to a trusted a professional to help get them get back on their feet.