Connect with the Licensed Insolvency Trustees that the people of Ottawa trust. We have been chosen by consumers to be the first Consumer Choice Award recipient for bankruptcy services. With over 70 years of service to Ottawa and Eastern Ontario, we know the best ways for you to set a course to regain financial freedom. We offer a helping hand to guide you, whether this is a personal or corporate bankruptcy. Fill out our e-form to set up a meeting with a knowledgeable Licensed Insolvency Trustee at our Head Office in Ottawa.
Head Office - Ottawa
D. & A. MacLeod Company Ltd.
343 O'Connor St.,
Ottawa, Ontario K2P 1V9
Call for an appointment
Monday to Friday
8:30 a.m. to 4:30 p.m.*
Free Parking Available
*Alternate times and/or days can be arranged upon request. Please state your request in the comment field below.
Appointments are subject to availability. Walk-ins welcome. Free Parking.
A Licensed Insolvency Trustee is a professional who has been licensed by the Government of Canada to provide a variety of services to help individuals and businesses overcome debt problems.
The experienced Licensed Insolvency Trustees at D. & A. MacLeod Company Ltd. offer individual and corporate clients in Ottawa a wide range of solutions for managing their debt. In our initial no-obligation consultation, we’ll review your financial situation and the options available to you to get out of debt and back in control of your financial future. There are alternatives to filing for bankruptcy, including debt consolidation and consumer proposals and we can discuss the advantages and disadvantages of these alternatives with you. Here are some of the principal services we provide.
By declaring bankruptcy, individuals or corporations with overwhelming debt are able to get debt relief. Once you’ve declared bankruptcy through an LIT, you’ll stop making direct payments to your creditors, the garnishments on your salary will be suspended and lawsuits brought against you by your creditors will end.
If you work with a Licensed Insolvency Trustee at D. & A. MacLeod Company Ltd. in Ottawa, we’ll prepare all the documents you need to declare bankruptcy. We’ll also sell assets on your behalf as necessary and ensure that you retain all property you’re entitled to keep by law. In addition, we’ll help you apply for the discharge from bankruptcy, which releases you from your obligation to pay your debts. If this is your first bankruptcy, you’ll typically be eligible for a discharge nine months after the declaration.
Consumer Proposal Filings
In many circumstances, filing a consumer proposal is a practical alternative to declaring bankruptcy. This is a type of financial offer made to your creditors to pay back your debts according to a fixed payment schedule spanning a period of up to five years. Your LIT will draft a proposal for you based on your ability to pay, submit it to your creditors and make amendments as needed. If the proposal is accepted, you’ll make periodic payments to your trustee that he or she will distribute to their creditors.
Corporate Insolvency Services
In times of financial distress, an LIT can work with your business to help you regain control of your finances. As part of our corporate insolvency services, we can propose a number of solutions to help your company avoid bankruptcy, including filing a Division 1 corporate proposal, and undergoing a corporate restructuring in Ottawa.
Debt Consolidation Services
Debt consolidation involves acquiring a loan that will permit you to repay many creditors at once. The Licensed Insolvency Trustees at D. & A. MacLeod Company Ltd. do not offer debt consolidation but can assist both individuals and businesses via a consumer proposal to Creditors and or other informal arrangements to Creditors.
When you choose to work with a Licensed Insolvency Trustee at D. & A. MacLeod Company Ltd. in Ottawa, the process begins with an initial no-obligation consultation during which we review your financial situation and assess the options available to you for managing your debt.
Here at D. & A. MacLeod Company Ltd., we strive to offer our clients the best possible service. We encourage you to take a moment and read about some of our clients’ experiences working with us.
“I called D. & A. MacLeod at 7:00PM, and Allen told me to show up at his office at 7:00AM the next day. I did and I told my story concerning how deep I was in debt and how I had totally hit rock bottom. Now 6 months later I followed his advice and I am completely debt free. I feel alive again and I feel I can accomplish anything. There are no words to explain how great this company is… they really really do help people. Please look no further, this is the best move I could have ever made.”