Yanch Dey and Associates are bankruptcy trustees with offices in Uxbridge providing our clients with information and representation for:
As Uxbridge bankruptcy trustees we help people with financial issues and to get out of debt.
YanchDey & Associates
Uxbridge Bankruptcy & Insolvency Trustees
Uxbridge Bankruptcy Trustees
Get Help & Advice Today…
We welcome the opportunity to talk and discuss any debt or insolvency issue. No obligation or fee for advice from our licensed Insolvency Trustees. Call us today!
Phone: 905-721-7506
Email: help@YanchDey.com
Hours
Monday to Friday
09:00 AM – 05:00 PM
Saturday, Sunday & Evenings by appointment
What’s a Consumer Proposal?
In a consumer proposal, the proposal administrator makes an agreement with the unsecured creditors (e.g. credit card companies) to pay only a percentage of what is owed, over a 3 to 5 year period.
- a government approved program
- to pay creditors a reduced amount of the debt owed
- on unsecured debt, credit cards ect,
- over a 3-5 year period
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!
Personal & Business Bankruptcy
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.
Speak to an Insolvency Trustee
Questions about insolvency, bankruptcy or a consumer proposal in Uxbridge?
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 905-721-7506.
As one of Uxbridge’s oldest and most reputable bankruptcy trustees, we help people get out of debt and assist with financial issues.
We are conveniently located at 2 Brock St. W. Uxbridge.
Susan C
1 week ago
★★★★★ Was given a notice of garnishment, called Yanchdey same day and got it dropped for me 10 days later, saved me about 19k on my credit card!
D.Demers
3 weeks ago
★★★★★ The credit card interest and my debts kept growing. We finally made the call, which was the hardest part. We are saving over 20,000 and 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 35k in debt. I’m in a consumer proposal, and avoided the bankruptcy. The stress is gone, this was life changing for me, thanks again and again!
Local Community Links
Bankruptcy Trustee Categories
- Consumer Proposals
- Uxbridge Bankruptcy Trustees
- Credit Counselling
- Debt Reduction Services
