Expert Advice to Help You Navigate Bankruptcy
Bankruptcy is an often misunderstood process that causes undue stress and anxiety. If you’re facing the prospect of declaring bankruptcy, don’t panic. The team at Baker Tilly Ottawa Ltd. is here to help with a full range of services and expertise to help you through this challenge. We’ll provide advice and recommendations based on your unique situation to ensure you come out the other side ready to rebuild your finances.
What is Personal Bankruptcy?
Personal bankruptcy is a legal process laid out in the Bankruptcy and Insolvency Act, designed to give Canadians in significant financial distress a legal, affordable, and timely way to get out of debt. The end result is a fresh financial start! As a Licensed Insolvency Trustee firm, Baker Tilly Ottawa Ltd. is authorized by the federal government to help you navigate the ins and outs of personal bankruptcy.
Should I Declare Bankruptcy?
If you’re not sure whether you’re ready to declare bankruptcy, understand that you’re not alone. We’re here to help you discover the best solution to your financial crisis and will talk to you to discuss your options and help you make this personal decision for yourself. Our caring, professional, and objective staff work to fully understand your situation and the options you face.
Details and Insight
We provide a full range of personal bankruptcy services to clients in Ottawa and Eastern Ontario. We’re ready to help you navigate the process.
There are a number of situations where declaring bankruptcy may cause further complications or financial issues. If you are separated or divorced, are a student, a non-resident Canadian, or are self-employed, you will have to take further details into consideration before declaring bankruptcy.