Bankruptcy Help You Can Count On
Bankruptcy allows you to release your debts, stop collection calls, end wage garnishments, and get on with your life.
Filing bankruptcy is a big step but it doesn’t have to be an overwhelming one. At Spergel, we have been helping clients through personal bankruptcy for 30 years, and we will guide you through each step.
During your free consultation with one of our bankruptcy trustees we can review your options and provide an in-depth explanation of how a bankruptcy will impact you. If you choose to file personal bankruptcy you can expect to be debt free in as little as 9 months. You can even include debts owed for income tax arrears and (in certain cases) student loan debts.
Bankruptcy means that you get a financial fresh start. It provides immediate protection from your creditors and both collection calls and wage garnishments will stop.
Filing bankruptcy will allow you to live your life unburdened by the debts of the past. Discover how good it feels to be debt free.
What Happens When You Declare Bankruptcy?
What really happens when you declare bankruptcy? Bankruptcy allows you to release your debts, stop collection calls, end wage garnishments, and get on with your life. Declaring bankruptcy legally protects you from creditor action. In return you will be required to complete a few basic duties, with the help of your trustee. If you choose to file personal bankruptcy you can expect to be debt free in as little as 9 months.
Personal Bankruptcy Stories
March 21, 2019
Great staff and very helpful with my financial situation. The staff had made me understand how to livewithin my means .thank you so much for everythingMore
March 20, 2019
Great company to deal with. Any questions or help ever needed they have been there and done what they can to help out. Would recommend them hands down if you have debt issues.More
March 19, 2019
I used Spergel in 2007 for Bankruptcy and then again in 2014 for Consolidation. Your staff provided excellent service. They were very understanding. I have recommended them to...More
March 16, 2019
like it says, I would recommend this company to "everone"!!More
March 8, 2019
Handled every issues very professionallyMore
March 6, 2019
My entire experience with Spergel was excellent. They made the entire process seamless and stress free. The team made themselves available with any questions or concerns in a...More
customer Rupinder Kaur
March 5, 2019
I really appreciate Spergel company and entire staff to help me in my difficult time. I will try me best to help others in this way, by reffer spergel to needy person. Thank you.More
March 1, 2019
I was really nervous when I finally decided to take my financial woes in hand and make an appointment with a trustee at Spergel. I was pleasantly surprised by how helpful, clear...More
Frequently Asked Questions
Consumer proposal or bankruptcy?
Choosing between a consumer proposal and bankruptcy can be difficult. Usually it comes down to a comparison of how much each process would cost on a monthly basis. Work with our Licensed Insolvency Trustees to see which might be the better option for you.
How long does bankruptcy last in Canada?
In Canada, a first-time bankruptcy can be as short as 9 months. If you earn a lot of money while in bankruptcy this term can be extended to 21 months.
Debt Help Learning Centre
If you’re just starting to explore your options, visit our learning centre to learn from our articles and resources to start on your path to debt freedom, and when you’re ready, our trustees are always available to listen.