Powell Associates Ltd. is a Licensed Insolvency Trustee, with experienced, hands-on insolvency practitioners; you will not become a number in an assembly line process. You will expect and receive prompt responses and resolutions of issues from our supportive and experienced team.
We will review your debt solutions options, including filing a consumer proposal or personal bankruptcy. We help Canadians with overwhelming debt get fresh financial starts.
Once you file a consumer proposal or personal bankruptcy, we deal directly with your creditors on your behalf and unsecured creditors are required to stop contacting you or continuing legal proceedings against you. Contact us for a free, no-obligation consultation.A consumer proposal is a settlement offer to your creditors to pay a portion of your debt. That generally provides your creditors with a better recovery than a bankruptcy.
Personal bankruptcy is generally the last option. We make sure you understand your practical options and the pros and cons of each. Our job is to help you take action to fix your debt issues and the problems they create.
We will review all your debt solution options, not just the options provided by a Licensed Insolvency Trustee. Consumers have multiple options available to deal with their debts. But depending on your individual situation some options don't provide the best result. Other debt solution options might include credit counselling.
We educate you along the way so that you can learn to manage your finances. Becoming free from debt is a new beginning! Changing how you handle money is an obvious necessity for a better future.more...See more text