SPEAK WITH A LICENSED INSOLVENCY TRUSTEE IN SMITHS FALLS

Our team has been helping families and entrepreneurs in Smiths Falls and the surrounding communities get free from their debt burdens for over 70 years. And we can do the same for you. Here’s an overview of the financial services we offer.

• Credit counselling. Our credit counselling service helps you develop a budget, reduce your monthly spending, set realistic financial goals and prepare informal arrangements with your creditors.
  
  
• Consumer proposal. An excellent way to avoid bankruptcy, consumer proposals are legally binding agreements between you and your creditors. A D. & A. MacLeod licensed insolvency trustee in Smiths Falls draws up the proposal whereby you agree to pay a percentage of what you owe.
  
  
• Personal bankruptcy. If you’ve exhausted all options, you may need to file for bankruptcy and surrender certain assets to your licensed insolvency trustee in Smiths Falls, who’ll then distribute them to creditors. In exchange, you’ll be freed from your unsecured debts.
  
  
• Student debt. Many students are left with unmanageable debt and no income after college or university graduation. We can help you find ways to reduce your debt burden and pay off your loans more quickly.
  
  
• Corporate proposal. A corporate proposal (also known as a Division 1 proposal) presents your creditors with a way to pay back a percentage of what you owe, either as a lump sum or periodic payments.
  
  
• Corporate restructuring. Reorganizing your company can improve the company’s worth to stakeholders and creditors and prove the business has value. Done incorrectly can cause more harm than good, so getting help from an experienced, independent third party is essential.
  
  
• Corporate insolvency. If your company’s operations aren’t viable or can’t be restructured, bankruptcy may be the best solution. Our licensed insolvency trustees in Smiths Falls can guide you through the process.

The first meeting you have with your licensed insolvency trustee in Smiths Falls will include an overview of your current financial situation. After taking an in-depth look at your finances, we’ll provide you with an overview of your options and set goals together to achieve stability. Using a customer-centred approach, we work for you and not for the creditors.