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Discover helpful insights and expert guidance on filing for personal bankruptcy in Canada.
Bankruptcy is the legal process of gaining a fresh financial future, and is ideal for Canadians struggling with overwhelming debt. It is the process of assigning any non-exempt assets you might have over to your Licensed Insolvency Trustee.
Bankruptcy is an important form of debt relief in Canada, and offers a fresh financial future for those who need it.
If you have landed on this page, you have likely come across the term ‘chapter 11 bankruptcy’ before. Chapter 11 refers to a chapter of the US Bankruptcy Code, which provides bankruptcy guidance for businesses, partnerships, and proprietorships.
If you have filed bankruptcy or are nearing discharge from bankruptcy, you may well be wondering about credit repair in Canada.
In order to file bankruptcy in Canada, you need the support of a Licensed Insolvency Trustee who will file for you.
You have probably landed on this page because you are considering filing bankruptcy in Ontario.
Filing bankruptcy is a necessary step for many Canadians each year in order to write off any unsecured debts and begin a fresh financial future.
Also known as bankruptcy trustees, Licensed Insolvency Trustees are qualified and experienced professionals that can advise on debt relief solutions in Canada. In fact, they are the only professionals in the country legally able to file all forms of debt relief.
So you are contemplating filing bankruptcy and understand that it is the process of filing any non-exempt assets over to your Licensed Insolvency Trustee in exchange for the clearance of your unsecured debts.
Although a last resort for most Canadians when it comes to filing debt relief, bankruptcy is essential for some in bringing about a fresh financial future.
For some Canadians, bankruptcy is an essential form of debt relief. It is the pathway to a fresh financial future, clearing all of your unsecured debts and offering protection from your creditors.
If you are wondering ‘should you file for bankruptcy?’, chances are you are struggling with unmanageable debt and looking for a fast solution.
Not sure where to start? Our easy-to-use calculator helps you estimate how much a consumer proposal could reduce your debt.
“Spergel has been a true lifesaver for me. Facing overwhelming debts and a very challenging time in my life in general, they expertly navigated me through the bankruptcy process with compassion and efficiency. Their hands-on approach made the process seamless. Now, I’m on the road to financial recovery, free from the burdens of the past. Thank you, Spergel, for providing the support I needed for a fresh start.”
– David, Ontario
David’s story is just one example of how bankruptcy, when guided by the right support, can offer real hope and lasting relief. Whether you’re dealing with personal loans, tax debt, or creditor pressure, bankruptcy can be a lifeline. Explore more Success Stories from Canadians we’ve helped — or reach out so we can help you, too.
Don’t take our word for it. See what some of our past clients have said.
Let’s find out if you qualify. Contact us to set up a conversation about your situation.
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When you call, you will be connected with one of our Licensed Insolvency Trustees (LITs) during our regular business hours.
Toll Free: 1-877-557-7367
Monday to Friday 8am – 7pm EST
Saturday 9am – 4pm EST
Sunday 10am – 5pm EST
You can also reach us at one of our office locations phone numbers. See our list below on this page.
From your phone, you will be connected with one of our Licensed Insolvency Trustees (LITs) during our regular business hours.
Monday to Friday 8am – 7pm EST
Saturday 9am – 4pm EST
Sunday 10am – 5pm EST
Not during office hours? Use our Chat on this page 24/7 and get connected for answers and live chat later.
Sometimes a simple email is the way to get things rolling.
Expect a reply from us during our business hours:
Monday to Friday 8am – 7pm EST
Saturday 9am – 4pm EST
Sunday 10am – 5pm EST
Click the button below to reach or use our email address:
hello@spergel.ca
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Use the map to find a Spergel office near you and connect with a Licensed Insolvency Trustee.
