If you are going through financial turmoil, feel overwhelmed by debt and are unable to meet most of your financial obligations, you may want to consider seeking professional assistance. The best news is that there are various licensed bankruptcy trustees that are committed to providing topnotch financial advice and professional assistance to different clients that are facing financial hardships. Furthermore, they can also personalize the services to suit your unique needs.
Services Offered by Bankruptcy Trustees in Edmonton
If you live or have a business in Edmonton and are in need of professional assistance in order to overcome your financial woes, you will find reputable bankruptcy trustees that can help. These experts can help you through the entire process of filing for bankruptcy, drafting a consumer proposal, and negotiating with creditors. They are also known to offer topnotch debt consolidation, as well as credit counseling services. Some of the services you can expect from renowned bankruptcy trustees in Edmonton include:
- Consumer Proposals
A consumer proposal is basically a debt repayment agreement that is negotiated with creditors through the help of a licensed bankruptcy trustee. Here, a comprehensive legally-binding settlement will be put in place in order to protect you from the debt collectors who will be barred from seizing your assets or funds. When you file for a consumer proposal, you basically agree to pay part of whatever you owe your creditors, while the rest is forgiven. Your debt repayment period may also be extended to suit your situation. Furthermore, you will have immediate relief from the creditors and less of an effect on the credit report than in the case of bankruptcy filing. If you need help with the drafting of a consumer proposal in Edmonton, these experts can help.
- Bankruptcy Options
If you are in deep financial trouble and you are considering filing for bankruptcy, but do not have the legal expertise to do so, the seasoned bankruptcy trustees in Edmonton can take you through the entire process. Some of the benefits of bankruptcy settlements include freedom from creditors, debt relief and you will also be able to begin from a clean slate.
- Credit and Debt Counseling
The secret to successful debt-management is always effective strategizing. However, if you have no idea what to do, these bankruptcy trustees have the resources and skills to help you develop clear and achievable plans to get you out of your financial quagmire. Through their professional credit counseling they are able to help you to manage your expenses, save more and increase your income. These credit counselors are always available to advise you on any financial situation you may be facing. They are committed to helping you manage your debt load successfully.
Furthermore, these experts can also help you acquire a low-interest debt consolidation loan which will ease your financial burden and increase your credit score. The best thing is that they normally offer a wide range of services, and hence, you will always find an option that will suit your specific needs. So, whether you need help when filing for bankruptcy or a consumer proposal in Edmonton, the seasoned bankruptcy trustees in Edmonton can help you through the entire process.