Understanding how filing for bankruptcy works and examples of how declaring bankruptcy has helped other people. These people took the first step to financial health and controlling their debts by contacting our bankruptcy and Licensed Insolvency Trustees. Calling and discussing your finances is free and confidential. Call us today at 905-721-7506 or contact our offices.
Examples of Bankruptcies
Examples of how others became debt free and in control of their finances by filing for bankruptcy.
How Filing for Bankruptcy Helped Me
When I started college I applied for a student Visa, everyone was doing it and it didn’t seem like anyone was being declined, and it seemed like a very reasonable thing to do.I was approved for the Visa and planned to use it to pay for my books and travel expenses while I was in school.
I was $168,000 in debt, now I’m debt free!
The business and government debt I had personally guaranteed. The total that I would have to pay between the government and the bank loan was about $168,000.00, but Yanchdey saved me…
The financial burden has been lifted, my physical and mental health immediately improved…
The reasons for my financial difficulties was a combination of my spouse continuously being laid off at work, in the Oshawa auto industry and the fact that I did not file my taxes.
Learn More about Filing for Bankruptcy
At Yanch, Dey & Associates Ltd., we want to sit down with you and work to understand your financial issues in the GTA. Our Licensed Insolvency Trustee will listen to you in a non-judgmental atmosphere and provide you with our advice on how to move forward.
You are not alone in this process and every year thousands of people just like you file for personal bankruptcy in Ontario, and Yanch, Dey & Associates Ltd. are the Licensed Insolvency Trustee that can help you.