Financial insecurity can be scary. Beaudin Groupe Conseil gives you the right advice for your financial situation and will guide you as you tackle your debt.
When you contact us, you can expect:
Whichever solution you choose, work done by a Licenced Insolvency Trustee (LIT) is regulated by the Bankruptcy and Insolvency Act and is monitored for compliance by the Superintendent of Bankruptcy (Government of Canada).
Is your financial situation suffocating you? Are your debts weighing you down? Declaring personal bankruptcy may be the best decision for you. This process will allow you to reset the clock and start over on a sound footing.
It’s often said that filing for bankruptcy or submitting a proposal to your creditors resets the clock. While that is true, there are some debts may survive the process. These debts are called “non-dischargeable debt,” and are defined by Canada’s insolvency laws. Keep reading to learn what constitutes non-dischargeable debt.