Whether at a personal or corporate level, financial difficulties can be very stressful, destabilizing and inconveniencing, as you always have to deal with the creditors or debt collectors’ calls, wage garnishments and in some cases, even law suits. If you are already feeling the pinch of financial instability and are unable to meet most of your financial obligations, it may be time for you to consider seeking expert assistance, and that is where bankruptcy trustees come in.
Services Offered by Bankruptcy Trustees in Windsor
If you are in Windsor and need help in order to get out of your financial turmoil, you will find trustworthy bankruptcy trustees that can help. Their aim is always to help you regain your dignity, enable you to manage your financial affairs and even be able to obtain and handle credit in the future. So, whether you need help with the drafting and filing of a consumer proposal or you are in need of credit counseling in Windsor, these experts can help. Their services include:
- Personal Bankruptcy
These companies are staffed with a team of highly qualified advisors who can help you find the best solution for your financial situation. For you to file for personal bankruptcy, you are expected to be owing creditors at least a thousand dollars and are unable to pay debts when they are due or the total value of all your assets is not sufficient to meet your obligations. This option will give you a chance to take the appropriate steps to offset your debts without having to be dragged around with harassment and lawsuits from creditors.
- Credit Counselor
If you are facing serious issues concerning your finances and debt collectors are always on your neck trying to collect whatever you owe them and you have no idea where to turn, these experts can help. They are particularly renowned for providing the best credit counseling in Windsor for individuals, as well as corporate clients. Their professional credit counselors are able to give you the appropriate tools and help you acquire new habits that will enable you to avoid financial problems in the future.
- Consumer Proposal
This is a legally-binding agreement between a debtor and creditors that is facilitated by a licensed bankruptcy trustee and it may entail a request to extend the repayment of the debt repayment period or a request to pay part of what is owed while the rest is forgiven. This option can help you to avoid filing for bankruptcy, which could otherwise put a dent in your credit score. Once it is approved by the creditors, you will breathe a sigh of relief from the constant nagging of debt collectors, and creditors are also barred from taking action against you in an effort to recover whatever you owe them.
These experts have also specialized in debt counseling, corporate bankruptcy, business turnaround, as well as consulting services. The best part is that they always analyze your financial situation before recommending a solution that will suit your situation. So, whether you need help with filing for a consumer proposal or you are looking for experts in credit counseling in Windsor, then bankruptcy trustees will be able to help.