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
November 13, 2018
Timely, professional and courteous service. Many Thanks.More
November 11, 2018
Perfect! Fast and qualityMore
Charles O Kirkness
November 7, 2018
Spergel has made life much easier for me over the Bankruptcy procedure of the last 18 months. that I experienced with my company. Firstly, your mind keeps going over in your head...More
November 7, 2018
Everyone is accommodating. Chris explained it clear and I am so glad that I came to this place. I will recommend spergel to anyone that needs help to recover from debt.More
November 2, 2018
I am happy because they take enough time to listen and understand the situation of a person and help him/her the max to come out free and restart their peaceful life.More
November 1, 2018
I had a very good experience. They were very helpful, truthful and cooperative. They gave me some very good advice. Especially praneeta was very helpful but they have all been...More
October 31, 2018
Chris Galea, Trustee, is great. He has been kind, understanding, non-judgmental, down-to-earth, and full of experience while guiding us through a really difficult and vulnerable...More
October 31, 2018
It was a great experience we were treated with respect and everything was explained to us. They give us the time we were not rushed and that is great!!!!!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.