Every day hundreds of people in Alberta seek advice and support as they face severe debt or concerns about bankruptcy. There is some good news - bankruptcy is not necessarily your only option. A really good place to start your research is to get the advice of a licensed Trustee in Bankruptcy.
One thing to bear in mind is that bad debts do happen to good people. That's why our slogan is 'Helping Good People With Bad Debt'. So don't beat yourself up over how you got here. Instead, continue with what you are doing right now - taking some action to solve the problem.
Wouldn't it be nice to be able to wave a wand and have all those problems disappear? We both know that's unrealistic, however, the next best thing would be to find someone who has broad experience and expertise in dealing with the problem you are facing and get their help.
That is why Personal Bankruptcy Canada was created - to enable you to find an Alberta Trustee in your area. They are trained specifically to help people just like you struggling with the challenge of uncontrollable debt.
You probably have a lot of questions about your debts such as, 'What can I keep as an Alberta resident?' or 'How much does a bankruptcy in Alberta cost?' Our Trustees can answer those questions for you - or you can explore on your own here at the site by using the search box in the sidebar.
Right now you don't need to feel judged. What you do need is to feel 'heard' and to know that someone understands your situation. A professional Trustee will bring a wealth of experience and a compassionate approach to your challenge.
"It's only too late if you don't act now", is an old saying and it carries a lot of weight when you consider money problems. Very rarely are debt issues static - they are either getting better in some way, or they are steadily getting worse. If your case is the latter, the sooner you reach out for help the easier it will be to fix the problem.
Many of our clients tell us that they wished they had reached out for help much sooner. For some it took them a while to realize that hope is not a strategy and frequently disappoints.
If you are having difficulty managing your debt, there are a number of things you should ask yourself:
There will also be questions about your credit rating and how to go about rebuilding it, if it needs to be repaired.
These are just some of the questions you need straight answers to in order to plan your next steps.
There are many types of debt management professionals. Only one of them, a Trustee in Bankruptcy, is licensed by the Federal Government to assist and support people in debt. Only they can provide you with options that offer legal protection from your creditors, which can be very reassuring as you go through the process of sorting out your debt challenges.
When all is said and done, the most important thing is that you achieve a debt solution that works for you. That is the prime objective of all of our Alberta bankruptcy Trustees.
We understand that many times the financial challenges you are facing effect other areas of your life as well. The following Alberta Resources may also be able to provide you help during this time.