Bankruptcy & Consumer Proposal
Truro, Nova Scotia
Bankruptcy & Debt Help Services in Truro
Truro is a small town in the province of Nova Scotia, located in the central part of the province. The population of Truro is just over 12,000 people, and the town is considered rural. One of the main industries in the town is agriculture, with potato farming being a major contributor to the economy. Another important industry in Truro is retail, with several large chains having stores in the town.
While Truro is a relatively prosperous town, there are a number of people who suffer from debt. One of the main services that we offer with our debt help services is assistance with debt consolidation. We can help people in Truro to consolidate their debts into one monthly payment, which can make it easier to manage their finances and get out of debt. If you are struggling with debt in Truro, Nova Scotia, please contact us today to see how we can help you.
Powell Associates Ltd. is a Licensed Insolvency Trustee. We are experienced, hands-on insolvency practitioners who understand the personal impacts of major financial stress.
Our debt relief services ensure you are treated fairly and with dignity.
- You won’t be stuck in an assembly line process.
- You will expect and receive prompt responses and resolution of issues from our supportive and experienced team.
- We will review your debt solution options, including filing a consumer proposal or personal bankruptcy.
- We help Canadians with overwhelming debt get fresh financial starts.
Once you file, we deal directly with your creditors on your behalf. Your creditors are required to stop contacting you or continuing legal actions against you. Contact us for a free consultation.
Filing for bankruptcy can be a difficult decision, but it may be the best option for your financial situation if you are struggling with unmanageable debt. When you file for bankruptcy, the vast majority of your unsecured debts will be discharged, and you will have a fresh start. Bankruptcy can help you get back on your feet and rebuild your credit.
Advantages of bankruptcy include:
- Discharge of most unsecured debts
- Stops wage garnishments and legal action by creditors
- Prevents repossession of assets
- Can help rebuild your life
- You do not automatically lose your assets.
If you're struggling to keep up with your debt, a consumer proposal may be the solution for you. This type of debt relief can help you get ahead of your payments and avoid bankruptcy.
Advantages of consumer proposals include:
- You can keep your assets, including your home and car.
- Your payments will be lowered, making them more manageable.
- The consumer proposal will stop interest and collection calls from creditors.
- With few exceptions, you will be released from all unsecured debts.
Truro is served by our Halifax location.