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I have defaulted on debts to creditors and still owe more than $5,000

Defaulted on Debts and Still Owe More Than $5,000?

If you owe a large amount of money to creditors and are in default this is serious. Not only are you destroying your credit but your creditors may start coming after you for their money. You may need protection and if you are in this situation we recommend you consult a trustee.

Here is why. A trustee is an appointed officer of The Superintendant of Bankruptcy who is responsible to both the bankrupt and the creditor so they are completely impartial. They can provide advice, counsel and even provide protection from your creditors if you need it.

If you would like a referral to a trustee call our office at 416 223 9300.

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Prudent Financial Services

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