 OUR SERVICES PERSONAL BANKRUPTCYAt A. Farber & Partners, our goal is to help you through your financial difficulties in the most constructive way possible. We work hard to help you create solutions for your money problems, whether it is through contacting your creditors, getting out of debt, debt consolidation loan arrangements, filing a consumer proposal or, as a last resort, filing for personal bankruptcy. Personal bankruptcy, in Canada, is a legal right that is available to solve your financial difficulties. It immediately stops all collection efforts and legal actions by your creditors. This includes lawsuits, seizures of assets and garnishments of earnings. It affords you an opportunity to free yourself from debt and to start over. The protection offered by personal bankruptcy extends to sole proprietors and covers nearly all debts. The protection can become available on the first day you see us at one of our convenient locations. Filing a bankruptcy does not mean that you lose all of your assets. Some assets may be kept (speak to a bankruptcy trustee to find out which assets are included). However, other non-exempt assets are valued by the trustee and sold for the general benefit of your creditors. You can, however, make arrangements with the trustee to buy back certain assets over time. At the end of your personal bankruptcy you will receive a discharge from bankruptcy, which allows you to be released from all or most of your debts. The Canadian personal bankruptcy process includes one-on-one counseling sessions aimed at helping you regain control of your finances and prepare for a brighter financial future. Contact us at 1-800-267-7733 or e-mail us at info@afarber.com for a FREE consultation.
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