Top Bankruptcy options for Canadians - Credit720 - PowerPoint PPT Presentation

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Top Bankruptcy options for Canadians - Credit720

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Bankruptcy and Insolvency is a situation where an individual or a company is given the relaxation that they no longer have to repay their debt. It is clearly defined under the Bankruptcy & Insolvency Act. – PowerPoint PPT presentation

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Title: Top Bankruptcy options for Canadians - Credit720


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Top Bankruptcy options for Canadians
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  • About us
  • Credit720, our goal is to protect your best
    self-interest and not the creditors. Debt
    Consolidation, Consumer Proposal - Calgary
    Edmonton Region.
  • Looking to Get Out of Debt? Best Debt
    Consolidation, Consumer Proposal, Credit
    Counselling Services in Calgary, Edmonton,
    Lloydminster, Alberta. Call Now!

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  • Top Bankruptcy options for Canadians
  • Bankruptcy and Insolvency is a situation where an
    individual or a company is given the relaxation
    that they no longer have to repay their debt. It
    is clearly defined under the Bankruptcy
    Insolvency Act.
  • The four common bankruptcy options available in
    Canada are
  • For small business houses and individuals those
    who want no more debts, personal bankruptcy is
    an option.

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  • Top Bankruptcy options for Canadians
  • For the companies in Edmonton that are
    incorporated and want to be debt-free, the option
    is business bankruptcy.
  • For the individuals whose debt consolidation or
    simply debt are lower than 2, 50,000 excluding
    the mortgage are applicable for a consumer
    proposal.
  • For the individuals as well as businesses houses
    those have debt over 250,000 are applicable for
    Division I proposal and get debt relief.

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  • Top Bankruptcy options for Canadians

Personal Bankruptcy In this legal process of
personal bankruptcy, a debtor would surrender his
or her non-exempt assets, and they are required
to make some bankruptcy payment to
trustees.  Consumer proposal  It is the other
option to bankruptcy where the legal benefits are
same but available through a Licensed Insolvency
Trustee. Advantages of Consumer Proposal are that
it can be used for protection from creditor
action and forgiveness of unsecured debt.
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Contact Us
Red Deer 924, 4747 67th St,Red Deer AB, T4N
6H3Telephone (403) 337-4000Fax (780)
666-9721Email info_at_credit720.ca Edmonton
South 9856A 33 Ave NW, Edmonton AB T6N
1C6 Telephone (780) 666-2600 Fax (780)
666-9721 Email info_at_credit720.ca
Edmonton North 203, 12930 50 St, Edmonton, AB T5A
4L2 Phone 780.666.2600 Email info_at_credit720.ca
Lloydminster(Alberta Saskatchewan) Unit 102,
4802 -50th Avenue, Lloydminster, AB T9V
0W5 Phone 403.337.4000 780.666.2600 Email
info_at_credit720.ca
http//www.credit720.ca
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