Debt Relief in Brampton: Licensed Insolvency Trustees
Spergel is one of the most reputable and experienced firms of Licensed Insolvency Trustees in Brampton, and in Ontario. For over thirty years, we have been helping individuals find debt relief in Brampton through a number of different solutions. If you are struggling to clear your debt and are unsure of what to do with your finances, our expert team is here to help. Whether you need some advice on financial management, or debt relief with a consumer proposal or bankruptcy, we can help you - you owe it to yourself.Book an appointment Request a call
Learn more about debt relief in Brampton
If you are struggling with overwhelming debt, it is time to speak to Spergel. In a high cost city like Brampton in the Greater Toronto Area, it is easy to find yourself in debt and you are not alone. Rising debt is little wonder with the inflation of house prices, costly rent, and an expensive cost of living. This in turn can lead to borrowing and escalating debt, but our Brampton team is here to help you. We are here to discuss your financial options with you, and help you to get your finances back in order. Our Brampton office is warm and welcoming, with professional and knowledgeable Licensed Insolvency Trustees to lead you on a new path to a life free from the stresses of unmanageable debt. Together, we can work to reduce your debt by up to 80%. Our Brampton Licensed Insolvency Trustees, Chris and Samantha, will support you no matter what form of debt relief you require.TALK TO OUR TRUSTEE, Chris
Spergel – Brampton
Our Brampton Licensed Insolvency Trustee, Chris, has over twenty years’ experience of providing debt relief in Brampton. He will review your financial circumstances and help you to decide on the best debt relief method for you, from debt consolidation to bankruptcy. Chris is patient and understanding, taking the time you need to make the right decision for you. Outside of helping people and offering debt relief in Brampton, Chris enjoys learning Spanish, playing pick-up hockey with his friends, and spending time with his family.
Samantha is another of our Licensed Insolvency Trustees offering debt relief in Brampton. Having initially begun at Spergel as a summer student, Samantha has worked as a debt relief expert for Spergel for over ten years. She now manages our Brampton office, working with individuals and families to understand their situations and offer debt counselling in Brampton. Whether it is a bankruptcy or a consumer proposal you need to file, Samantha will patiently walk you through your options. When she is not helping others gain financial freedom, Samantha loves to study history and travel, having studied in both Italy and Malta.
Consumer Proposals in Brampton
A consumer proposal is a powerful form of debt relief that is regulated by the Canadian government. It can reduce your debt by up to 80% through a legal negotiation with your creditors by a reputable Licensed Insolvency Trustee. If you need a consumer proposal in Brampton, Spergel has been helping Canadians become debt free for over thirty years. A consumer proposal is a great bankruptcy alternative, enabling you to pay back one manageable monthly payment in exchange for clearance of your remaining debt. Consumer proposals also allow you to keep your assets and generate a stay of proceedings. This means creditors can no longer contact you, and also freezes any penalties and interest payments. At Spergel, 99% of the consumer proposals we file are accepted. Unlike other bankruptcy firms, you will receive your own trustee to walk you through the process.
Bankruptcy in Brampton
For debt relief in Brampton, our team has been helping Canadians through the bankruptcy process for over thirty years. Although often considered to be the last resort when it comes to debt relief methods, bankruptcy can provide tremendous relief when it comes to clearing your debts. We will review your financial circumstances to help you decide if bankruptcy in Brampton is the best option for you, or if a bankruptcy alternative may be more appropriate. Bankruptcy is the process of assigning any non-exempt assets to a Licensed Insolvency Trustee in exchange for the clearance of any outstanding unsecured debts you may have. At Spergel, you will be assigned your own Licensed Insolvency Trustee to walk you through each step of filing bankruptcy.
Debt Consolidation in Brampton
If you have a number of different loans like substantial credit card debt, or tax debt, debt consolidation in Brampton could be a great option. There are a number of forms of debt consolidation out there, from debt management plans offering interest relief to debt settlements. The most common form is a debt consolidation loan, a loan that condenses multiple different debts into a single manageable monthly payment. Debt consolidation loans have the advantage of often providing a lower interest rate, as well as simplifying your debt payments. If you need debt consolidation in Brampton, our experienced Licensed Insolvency Trustees will review your debt relief options and advise you as to the best pathway to financial freedom. We will help you to assess the risks of debt consolidation and debt restructuring, as well as the risks involved with a home equity loan or a second mortgage.
Tax Debt Relief in Brampton
It is relatively common for Canadians to encounter tax debt in Brampton and the Greater Toronto Area. Ignoring tax debt can make it worse and limit your options, particularly if it becomes too late to negotiate with the Canadian Revenue Agency. For this reason, it is important to seek tax debt relief immediately. The sooner it is tackled, the sooner you can move on with your life, free from the associated financial pressures. At Spergel, our Licensed Insolvency Trustees in Brampton will help you to gain tax debt relief as well as putting a stop to the associated interest and penalties. As the only legal professionals in Canada able to help, our trustees will develop a tax debt relief plan for you that reduces your overall debt. We will also work to prevent unwanted consequences like wage garnishments or a frozen bank account.
Wage Garnishment in Brampton
If you have unmanageable debt and the stress that comes along with it, a wage garnishment in Brampton is not the most helpful of scenarios. When you are trying to pay off your debt while keeping up with the rising living expenses of Brampton and the Greater Toronto Area, a reduced income can make life much more difficult. At Spergel, our Licensed Insolvency Trustees are experts in stopping wage garnishment in Brampton. This is achievable through a stay of proceedings, a byproduct of filing either a consumer proposal or bankruptcy. These legal forms of debt relief mean that your income can be restored, while freezing interest and penalties. If you experience a wage garnishment, it is important that you reach out to a bankruptcy trustee immediately in order to recover your income sooner rather than later.
Credit Counselling in Brampton
Debt counselling in Brampton can be extremely helpful for enabling you to break free from the vicious cycle of credit card debt. If you are scraping by, making minimum payments on your credit cards, it could take you many years to pay off your debt. We offer credit counselling in our Brampton office both before and after filing forms of debt relief. At Spergel, our Licensed Insolvency Trustees will review your financial circumstances and work with you to create a debt repayment plan. They will help you to understand your options when it comes to debt relief, as well as educating you on money management, budgeting, and rebuilding your credit score. We can also help you to consolidate your debt payments, and can even reduce your debt by up to 80% with a consumer proposal.
Why Choose Spergel For Debt Relief in Brampton?
Spergel has one of the most experienced teams of Brampton Licensed insolvency Trustees. In fact, Licensed Insolvency Trustees are the only professionals in Canada legally able to file debt relief solutions including bankruptcy and consumer proposals. For over thirty years, we have been helping Canadians gain debt relief by working with creditors and preventing collection calls and wage garnishments. At Spergel, we have an A+ accreditation on the Better Business Bureau, and locations across Canada to give you a fresh financial start. Break the cycle of credit card debt and payday loan cycles by booking a free consultation with one of our team to begin your journey to debt relief in Brampton.