Alternatives to Bankruptcy: Pros and Cons of Each of Bankruptcy Alternatives

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Alternatives to Bankruptcy: Learn about Your Options

Are you trying to deal with your debt, but also avoid bankruptcy? - There are several alternatives to bankruptcy that are available to you, and each of them has its pros and cons. Knowing the details on how each of the options works will allow you to choose the one that best fits your unique situation.

To learn more about your bankruptcy alternatives:

To ask a question about alternatives to bankruptcy:

You can also contact a trustee near you for a consultation. Your first meeting will be free of charge or obligation, and will deal exclusively with your personal circumstances.

For questions on how to avoid bankruptcy, on alternatives to bankruptcy, and on related topics, trust the experts at Bankruptcy Canada!

The latest questions on bankruptcy alternatives, with our experts' responses:

I am middle of many law suits. Have just claimed corporate bankruptsy, which creditors meeting is this Friday and I […]

Posted on Thursday, November 13, 2014
box listanswered by Questions @ 9:28 am 1 Comment

Bankruptcy or Debt Consolidation in Alberta? – If one owes about $27,000 all credit card debt and the only income […]

Posted on Monday, September 8, 2014
box listanswered by Desmond West-Chow, CIRP @ 3:59 pm 1 Comment

I was 10 days late in monthly mortgage payment and I owe 2013 property taxes. Now the bank wants to […]

Posted on Friday, August 22, 2014
box listanswered by Jillian Taylor-Mancusi, Trustee | B.A. | C.I.R.P @ 10:38 am 1 Comment

I have 5 debts all over 3 years old including one government debt over 17 years old incurred through overpayment […]

Posted on Monday, June 23, 2014
box listanswered by Doug Stuive, CA | Trustee | CIRP @ 8:00 am 1 Comment

My husband and I owe 30,000 in credit card debt, 6,000 in income tax, 94,000 unsecured loans. Our house is […]

Posted on Monday, June 9, 2014
box listanswered by Questions @ 10:33 am 1 Comment

I have about $50,000 in credit card debt and a consolidation loan. I am on LTDI and won’t be going […]

Posted on Tuesday, April 15, 2014
box listanswered by Desmond West-Chow, CIRP @ 1:20 pm 1 Comment

To avoid bankruptcy, I have chosen a debt consolidation loan from the bank to pay all outstanding taxes owed from […]

Posted on Friday, February 21, 2014
box listanswered by Questions @ 8:49 am 1 Comment

If I don’t declare bankruptcy. I am 61 CPP of $500.00 per month other income part time $600.00 per month […]

Posted on Monday, February 10, 2014
box listanswered by Questions @ 5:57 pm 1 Comment

My sister and I have a mortgage together and I lost my job since April 2013. I’m struggling to find […]

Posted on Tuesday, January 14, 2014
box listanswered by Questions @ 6:51 am 1 Comment

I had a car that was taken back because I fell behind in payments. This happened over 4 years ago. […]

Posted on Friday, December 6, 2013
box listanswered by Questions @ 7:04 am 1 Comment