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1500 Installment Loans

WHAT IS PERSONAL BANKRUPTCY?

Posted on May 26, 2020December 7, 2020

What is personal bankruptcy?  

The bankruptcy  personal  is a solution that allows you to protect you from your creditors. Indeed, this solution is ideal for putting an end to collection actions against  you.  The most common collection actions are calls and letters  from  your creditors and collection  agencies, formal notices, legal actions  as well as wage garnishments and asset seizures . Foreclosures  of assets can be the balance in the bank account, some furniture and equipment, buildings and wages .  Rest assured, because personal bankruptcy can save you a  lot of trouble.    

During your clinic Liberty with a financial health creator Group Leblanc trustee, you will get a free financial analysis to determine possible solutions to  erase vo s debts. Your financial health maker will let you know if bankruptcy is the way to go. If you are afraid of going bankrupt, know that there is an alternative that can prevent you from going bankrupt.   

Usually, when all options have been exhausted, personal bankruptcy is the solution of choice to prevent you from falling further into the torments of insolvency. Personal bankruptcy can stop the bleeding and free you from your debts for good.  

In a colorful way, personal bankruptcy wipes out your debts like a wave of a magic wand! Thus, you can resume your activities ,  constantly r  not to see the end and you’ll be on the path of sound financial health!  

Make a fresh start by erasing your debts  

The personal bankruptcy  frees you from the repayment of  all debts as the  balance of  your credit cards,  margin s  of credit and term loans,  student loans of more than 7 years, debts of taxes, arrears  with the companies used these  and other suppliers. Note that  the section 178 of the Act on Bankruptcy and Insolvency provides  some exceptions  including your financial health creative era you e  x will explain during your Freedom Clinic. Likewise, it is possible to abandon auto and mortgage loans when we no longer wish to advise the property. 

If you have more than $ 5,000 in debt  and  are  having trouble making payments or can’t see a day when you can successfully  zero balances , we suggest you book your free financial analysis today. Indeed, if  you  are in such a situa tion , you  may experience  some financial insecurity. Thus, the analysis of your financial situation will allow you to obtain our best advice to end your debts.    

What are the advantages of personal bankruptcy?  

In fact, when you decide to file for bankruptcy ,  several benefits will be felt. As soon as your bankruptcy is signed, your creditors will no longer be able to appeal against you. Moreover, they will no longer be able to communicate  with you , because our team will take care of this task. In addition, no seizure of property will be possible without your consent. Then, you won’t have   to make any more payments to your creditors . 

   

The advantages of personal bankruptcy:  

Final discharge  of  your debts    

No  interest to  pay   

Put an end to creditors’ harassment  

Possibility to keep your belongings  

Protection against garnishment of wages , bank account and other assets  

Personalized support from our team  

Frequently asked questions related to personal bankruptcy 

It is normal to ask yourself a lot of questions before going bankrupt. This is why  we recommend that you  participate in a  Confidential Freedom Clinic with  a financial health creator . 

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