Bankruptcy Lloydminster Saskatchewan

Deloitte & Touche Inc. - Lloydminster Bankruptcy Trustee Firm

If you are considering filing for bankruptcy in Lloydminster, SK, but are not sure it is the right solution for you, then our Trustees in Bankruptcy for Lloydminster can help you.

Our trustees offer a free, no-obligation initial consultation. The goal of the free consultation is to help you explore all the different options available to you, so that at the end you can make an informed decision on which one is best for you and which path you should take.

Your options: bankruptcy vs. other alternatives

At Deloitte and Touche Inc. we understand that a financial crisis can happen to anyone. Our Trustees in Bankruptcy for Lloydminster will take their time and explain to you all the options currently available to help you resolve your current financial situation.

Many people are surprised to learn that bankruptcy is not their only option; in fact it might not even be the right choice for you. Some alternatives to bankruptcy are:

Proposals to creditors

A consumer proposal is a legal procedure available to people living in Canada who are experiencing financial difficulties, but who can still afford to repay a portion of their debts.

Orderly Payment of Debts

This is a legal court order that will consolidate all your current debts and determine an amount that you must repay to the Court. Upon receipt of your payments the Court then issues payments to each of your creditors, on your behalf.

Debt Consolidation

This is a loan which combines all of your current outstanding debts into one payment. It generally carries a much lower rate of interest then ones existing loans.

Personal Debt Arrangements

With this arrangement, you contact your creditors directly and arrange with them to pay off a percentage of the actual debt you owe, or to pay down your debt over an extended period of time. For this arrangement to work, your creditors first must agree to it, and then you may be required to sign a binding contract.

To learn more about the options outlined above, or about filing for bankruptcy in Lloydminster, simply contact us at Deloitte & Touche Inc. today. We can be reached toll free at 1-800-683-DEBT (3328), or send us an email using the form supplied above. There is hope and we can help you to have a bright financial future.

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