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 25, 2020
Third time will be the charm. I have used Spergel before and the trustee's and staff are amazing to work with. I look forward to having this one be more successful than the past...More
March 23, 2020
I just got off the phone with one of their Marketing Client Managers. With what is going on in the world today (Covid-19) I wanted to weigh all of my options. Hinna was not only a...More
March 23, 2020
Helpful people. Reasonable monthly payment.More
March 21, 2020
March 16, 2020
Great customer service. very knowledgeable and professional. I am Very satisfied with the results.More
A very satisfiedcustomer
March 14, 2020
Everyone in the stablishment is very professional. Cris C.,and Ewelina of Mississauga office , did their jobs far and beyond my expectations. I will definitely recommend...More
March 13, 2020
Very helpful and accommodating. Always answered my questions and emailed me back within a couple of days.More
March 13, 2020
She explained the options for my debt.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.