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 | Government Licensed Debt Repayment Agency in the Province of AB.
Offering a full range of debt solutions to residents of the Calgary area.
Call Today for Free, No Obligation Advice. 1-800-961-7816 or (403) 648-9152. |
| Pros & Cons of Bankruptcy
Bankruptcy should in most cases be considered only as a last resort. There are a number of alternatives to bankruptcy which our Licensed Debt Advisors can discuss with you.
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Benefits of Bankruptcy:
The benefits of bankruptcy include:
- Avoiding expensive and drawn-out legal action from existing creditors.
- Provides a fresh start to those with unmanageable debt.
- Immediately stops wage garnishment.
Is Bankruptcy Right for You?
If you owe more then $1000 and are not able to repay your debts as they are due, you may be eligible for bankruptcy. Bankruptcy is a last option for debt relief, but it is better than having your wages garnisheed for many years, which can interfere with you paying rent and supporting your family.
Alternatives to Bankruptcy:
There are a number of legal alternatives which can help you to avoid bankruptcy. Debt Settlement, Consumer Proposals & Debt Pooling. To discuss any of these options with a debt expert, simply call us FREE on 1-800-961-7816. Alternatively, complete the quick form to the left.
Please note: We are not Bankruptcy Trustees. If after your assessment, Bankruptcy or Consumer Proposal is a chosen option, this will be administered by a Licensed Bankruptcy Trustee, not by Debtors Advocates (7100621 Canada Inc).
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