Our Trustees in Bankruptcy can help you!

Debt Solutions

Unmanageable debts can be a weight that hangs over everything you do; a constant source of worry, anxiety, and stress.

At Spergel, our Trustees in Bankruptcy understand the pressure debts put on you and your family. Our patient and caring staff have worked with thousands of people from all walks of life who struggle with personal debt.

We understand that every case is different. We will meet with you and work to develop a customized debt solution designed to meet your specific needs.

Your Spergel trustee will also help you organize your finances and develop day-to-day strategies to manage your bills. Working with a Spergel trustee, you will develop the best long-term debt solution: good financial planning.

Learn more about Spergel debt solutions.

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Consumer Proposals

For many people in Ontario, a consumer proposal is the best choice for addressing their debt problems. A proposal can meet your debt obligations to creditors while protecting your assets.

Your Spergel Trustee will make a debt repayment proposal to your creditors. This is a formal offer to settle your debts for an amount less than what you owe(too much detail). It is a settlement between you and your creditors on an amount that you can reasonably be expected to pay.

Under the terms of your customized consumer proposal(sounds harsh)you will make set payments over a period of time (up to five years).

Upon completion of your consumer proposal, your obligations will be over and you will be free of your debts.

Learn more about Spergel consumer proposals.

Personal Bankruptcy

Declaring personal bankruptcy allows you to settle your debts and get a fresh start. Upon completion of bankruptcy proceedings, your your debts (with the exception of a few, if any ) will be forgiven (discharged).

Your Spergel bankruptcy trustee will meet with you to determine your best debt repayment option, help determine your bankruptcy payments, determine the status of your assets, coordinate with your creditors, and handle other elements of your bankruptcy.

Our goal is to make your bankruptcy as smooth a process as possible. We will work with you from initial assessment to the day you are declared debt free!

Remember, bankruptcy isn’t the end, it’s a new beginning.

Learn more about Spergel’s personal bankruptcy services.

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Contact us today for a free, no obligation personal debt consultation!   Contact Us