Bankruptcy in Hamilton: Knowing the process

If financial debt has gotten out of control in your life and it seems additional and alternative options are not providing the solutions you need, filing for bankruptcy in Hamilton may be your best option. At BDO, we recognize there are multiple factors that can lead to financial troubles, whether loss of employment or unperceived situations; we understand. This is why we offer quality, professional, confidential debt solutions and insight regarding the options of bankruptcy, consumer proposal and more. Contact a BDO representative today about filing for bankruptcy in Hamilton.

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

Break free from debt today

Become financially free today! Contact your local BDO trustee about filing for bankruptcy in Hamilton and see how we can help you.

Bankruptcy in Hamilton

There are several major steps involved in the process when declaring bankruptcy in Hamilton. Listed is a brief overview of the process from BDO.

Make a complimentary appointment

Our trustees will review your financial situation and gather information on your income, assets, and outstanding debts. After reviewing all these factors, our trustees will sit with you and confirm that filing for bankruptcy in Hamilton is the best alternative.

Creditors are notified

Our trustee will notify your current creditors. A meeting of creditors may be called, depending on the size of your financial claim or bankruptcy claim. The main purpose of the meeting is to inform both you and your creditors about the details of the file and provide direction to the trustee if needed.

Credit counselling

When filing for bankruptcy in Hamilton, you are obligated to attend two mandatory counselling sessions. Held at the trustees office, these sessions are designed to help you better understand the situation that cause debt, and the solutions you can use in the future to manage it.

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!