Bankruptcy in Belleville: Knowing the process

If your debt has become unmanageable and it seems that no other form of debt help can offer relief, it may be time to consider filing bankruptcy in Belleville. BDO understands that financial debt can happen to anyone, whether because of unexpected expenses or unforeseen circumstances. This is why we offer quality, professional, confidential debt solutions and insight regarding the options of bankruptcy, consumer proposal and more. Contact your local BDO to learn more about bankruptcy in Belleville.

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Reclaim your financial freedom! Talk to your local BDO representative about bankruptcy in Belleville and what we can do for you.

The process of filing for bankruptcy in Belleville

There are several major steps when beginning the process for filing for bankruptcy in Belleville. Listed is an overview of the BDO bankruptcy process.

Arrange a complimentary meeting/appointment

Our representatives will begin by assessing your financial situation and gathering information on your income, outstanding debts and assets. Following this review, our representatives will have a better idea of your circumstances and help you make an informed decision about filing for bankruptcy in Belleville.

Creditors are notified

The trustee will notify your creditors. A meeting of creditors may be called, depending on the size of your bankruptcy or if your creditors call for a meeting. The main purpose of this meeting is to give your creditors a chance to learn the details of your situation and give directions to the trustee if they wish.

Credit counselling

You must attend two mandatory counselling sessions. Both of these sessions are held at the trustee’s office and are mandatory for the bankruptcy process. These counselling sessions will help you understand how to budget better and manage your finances.

Receiving your discharge When you have fulfilled the obligations of the bankruptcy process you will receive your bankruptcy discharge. This means that all of your debts are wiped out and you will be debt free and on the road to financial stability.

Get on the road to financial
stability  with  BDO  today!