Over time, you have accumulated a significant amount of debt that you are unable to budget to pay off in the foreseeable future.  There may not have been any significant purchases or over-spending – just higher costs of living or a decrease in income.  You need help exploring your options and to determine if a personal bankruptcy is the best solution for you.

Contact Taylor Leibow Inc., Licensed Insolvency Trustee, to obtain accurate information about filing a personal bankruptcy.   We will review your financial situation in detail (assets, liabilities, income and expenses) at no charge.  We will then explore all solutions to provide relief to your debt burden (debt consolidation loan, credit counselling, personal bankruptcy, or consumer proposal) explaining how each solution works in your personal situation.

We will walk you through the process of filing a personal bankruptcy and advise if bank accounts need to be changed, the impact on your credit report and duties that you will be responsible to complete.  You will be required to attend two counselling sessions on budgeting, money management and rebuilding your credit to provide you with a fresh start going forward.

You can contact us via telephone, email or by submitting a form on our website that prompts us to reach out to you.  We are ready to talk when you are.

By Kathy Lenart – Insolvency Partner, Licensed Insolvency Trustee
CPA, CA, CIRP
Member and Secretary of the Ontario Association of Insolvency and Restructuring Professionals (OAIRP)
Canadian Association of Insolvency and Restructuring Professionals (CAIRP)