Call your local BDO office today (416) 800-7586
GET ON THE ROAD
TO FINANCIAL STABILITY WITH BDO TODAY
for a free consultation (416) 800-7586 or online here.
Bankruptcy in Etobicoke: Knowing the process
When your debt becomes insurmountable, and forms of counselling and debt solutions seem oblique, you may have no other alternative than to file for bankruptcy in Etobicoke. 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 you professional debt solutions regarding bankruptcy, consumer proposals and more. Contact BDO to talk with a trained financial specialist about your options for bankruptcy in Etobicoke.
Book an appointment or call to learn more about bankruptcy in Etobicoke from BDO.
Put debt behind you!
Become debt free sooner! Contact a BDO representative today about filing for bankruptcy in Etobicoke and let us help you manage your debt.
Bankruptcy in Etobicoke
There are several major steps when beginning the process for filing for bankruptcy in Etobicoke. 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 Etobicoke.Creditors are notified
Your trustee will send a notice to all of your creditors, advising them that you are no longer able to make payments to them. The creditors will then have 45 days to consider the offer. During this time you do not have to make any payments to your creditors.
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
The trustee will prepare a report describing your actions during the bankruptcy and will recommend your “discharge” if you have performed all of your duties. Once you receive your discharge, this is the end of the process and you will be released from the debts that were included in your bankruptcy. 
Get on the road to financial
stability with BDO today!
Etobicoke
*Etobicoke
(416) 800-7586
155 Rexdale Blvd., Suite 905
Etobicoke, ON
M9W 5Z8
Fax: (416) 741-9740
Office Hours
Monday to Friday 8:30 - 5:30, after hours and weekends available upon request
BDO continues to proudly serve Etobicoke residents as well as Rexdale. Call us. We can help.
*By Appointment. This location is serviced by our team in the Mississauga office.
Filing bankruptcy can help:
- Stop legal action of creditors
- Release you from most, if not all debts
- Provide a fresh start
- Protect certain assets
BDO Canada Limited is an affiliate of BDO Canada LLP. BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.