Bankruptcy in Burlington: Knowing the process

If debt is starting to majorly affect all aspects of your life, and your options for debt support seem slim, filing for bankruptcy in Burlington may be your best option. At BDO, we understand that financial troubles can happen to anyone, due to job loss, illness, unexpected expenses and many other unforeseen circumstances. We offer professional, confidential debt help and information regarding bankruptcy, consumer proposals and more. Contact BDO to speak with one of our representatives about bankruptcy in Burlington.

Contact your local BDO to learn more about bankruptcy in Burlington.

Put debt behind you!

Become financially free! Talk to a BDO trustee near you for information on filing for bankruptcy in Burlington and see how we can help you become debt free.

The process of filing for bankruptcy in Burlington

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

Make a complimentary appointment

The Trustee will review your financial situation and ask for information about your income, your assets and your outstanding debts. After reviewing your information the Trustee will discuss your options and confirm that filing for bankruptcy in Burlington is the most appropriate solution.

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

Our trustees will recommend your discharge after the necessary duties have been completed and a report has been finalized summarizing your actions and the bankruptcy process. When you have received your discharge, the process will be closed and your debts erased (as included in your bankruptcy).

Get on the road to financial
stability  with  BDO  today!