Personal Insolvency
Our professional team of Montreal bankruptcy trustees
will help you assess your financial situation and find the solution that is best suited for you. We have offices in Montreal, the South Shore and in the West Island.
Commercial Insolvency
As experienced insolvency professionals, our team of Montreal bankruptcy trustees have the expertise to properly assess the financial health of your business and find the best solution to its financial problems.
Services to Individuals
Personal Bankruptcy
Sometimes, bankruptcy is the only solution to over indebtedness. One of the purposes of the Bankruptcy and Insolvency Act is to allow rehabilitation of a debtor and a fresh start to those whose debt’s burden is unbearable. Bankruptcy can be a positive decision for those who have no other alternative, as it ends a long period of stress, angry calls from creditors, tensions within the family, health problems and low productivity at work. Once filed, it stays most seizures and legal proceedings. After filing for bankruptcy many persons admit feeling relieved and a lot better after than before their bankruptcy. Several pre established factors will influence the length of a bankruptcy and the amounts to be paid to the Estate: occurrence of one or more prior bankruptcies, net income of the family, numbers of dependants, filing of an objection to the discharge by a creditor or by any other interested party.
Joint Bankruptcies and Proposals
Spouses whose have are jointly responsible for some of their debts may file a joint proposal or a joint bankruptcy.
Individuals With Canadian Debts Living Outside of Canada
Individuals with Canadian debts living outside the country may register a Canadian bankruptcy or proposal when certain conditions are met. Do not hesitate to contact our office to be provided with more information on how to proceed.
