As government appointed insolvency trustees, YanchDey & Associates have been licensed to provide insolvency help and guidance for Lindsay and the Kawartha Lakes.
Phone: 705-876-1775
Email: help@YanchDey.com
Hours: Monday to Friday
09:00 AM – 05:00 PM
Saturday, Sunday & Evenings by Appointment
We provide insolvency services for individuals and business for the Lindsay.
Whether you’d like to learn about credit card and debt relief or considering a personal or business bankruptcy we can advise and walk you through what’s involved.
We welcome the opportunity to talk and discuss any debt or insolvency issue.
There is no obligation or fee to discuss your finances with a trustee. Call us today!
In a consumer proposal, the proposal administrator (trustee) contacts your credit card companies and the people you owe money to.
The trustee, tells the creditors that they have been retained by you to apply for a consumer proposal and to reduce your debts. The trustee advises the creditors that as a result of the application, you will only be paying a percentage of what is owed, usually just 30% or less.
Consumer proposals are:
The payment is based upon what you can afford to pay and creditor expectations. The amount is negotiated for you by the insolvency trustee, acting as the consumer proposal administrator.
In a proposal, most people will save about 70% of the debt owed. For example, if you owed $10,000 your debt could be dropped to $3,000 payable over 5 years. Without any fees or interest added!
Bankruptcy in Ontario is a legal process under the Bankruptcy & Insolvency Act.
In bankruptcy, individuals and businesses facing debt problems and insolvency can obtain debt relief with the assistance of a bankruptcy trustee, now called a Licensed Insolvency Trustee.
The bankrupt agrees to surrender non-exempt belongings to the trustee, in exchange for the elimination of their debts.
In exchange the court issues a “stay of proceedings“. Debts are forgiven, wage garnishments, legal actions are stopped and creditors are forbidden from calling or harassing the debtor.
Give us a call, we’ll be happy to review your issues with you, with no fee or obligation.
Questions about insolvency, bankruptcy or a consumer proposal in the Lindsay?
Or you just need some advice or someone to talk to? We’re happy give you our opinions and discuss your issues without cost or obligation.
Call to speak to myself or one of our insolvency trustees at 705-876-1775.
As one of Lindsay’s oldest and most reputable bankruptcy trustees, we help people get out of debt and assist with financial issues.
Susan C
1 week ago
★★★★★ Searched for debt relief and found the help I needed, We saved $25k and will be out of debt in 5 years. Many Thanks
D.Demers
3 weeks ago
★★★★★ The credit card interest just kept growing, we weren’t reducing it. I spoke to YanchDey and they got it dropped by $15,000, we will be out of debt in 3 years, Highly Recommend
Vicus Bennett
2 months ago
★★★★★ I called thinking I’d be filing for bankruptcy, instead I saved over 20k in debt. I’m in a consumer proposal, and avoided the bankruptcy. The garnishee was stopped, only thing I lost was the huge debt. Will be debt free in 5 years!
Questions about insolvency, bankruptcy or a consumer proposal in the Lindsay?
Or you just need some advice or someone to talk to? We’re happy give you our opinions and discuss your issues without cost or obligation.
Call to speak to myself or one of our insolvency trustees at 705-876-1775.
Call 905-721-7506
