Bankruptcy

At Credit Solvency, we understand that financial struggles can be overwhelming and stressful. That’s why we offer bankruptcy services to help individuals and businesses get back on track.

Our team of experienced bankruptcy attorneys will guide you through the process, ensuring that you understand your options and can make informed decisions about your financial future. We will work closely with you to assess your situation and create a customized plan to help you overcome your debts and move forward with a clean slate.

Whether you are facing overwhelming credit card debt, medical bills, or other financial challenges, our bankruptcy services can provide the relief you need. We will help you understand the different bankruptcy options available to you, including Chapter 7 and Chapter 13, and help you decide which one is best for your specific situation.

With our bankruptcy services, you can:

  • Eliminate or reduce your unsecured debts, such as credit card bills and medical bills
  • Stop creditor harassment and garnishments
  • Protect your assets, such as your home and car
  • Rebuild your credit and financial future

At Credit Solvency, we are committed to helping you overcome your financial struggles and achieve a brighter future. Contact us today to learn more about our bankruptcy services and how we can help you get back on track.

Is bankruptcy bad for my credit in Canada?

Yes, bankruptcy is generally considered bad for your credit in Canada. It will remain on your credit report for six to seven years and can make it difficult to obtain credit or loans during that time. However, bankruptcy may be necessary for some individuals in financial distress and can provide a fresh start and relief from overwhelming debt.

Do I need to include my vehicle in my bankruptcy?

Yes, you need to include any vehicles that you own in your bankruptcy filing. This includes cars, trucks, motorcycles, boats, and other vehicles that you have an ownership interest in. Failure to include a vehicle in your bankruptcy could result in the vehicle being seized by the bankruptcy trustee or creditor.

Have any Questions? Call us Today!

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Your credit score is a reflection of your financial responsibility. If you want to rebuild your credit, you need to be willing to take responsibility for your past mistakes and work to make things right.

        Jean Chatzky

The best time to start rebuilding your credit is right now. Don’t wait until you really need good credit. Start taking the steps to get there now.

        Suze Orman

Rebuilding credit is like building a house. It takes time, but with a solid foundation and a clear plan, it can be done.

        Dave Ramsey