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  2. Proceedings under the Bankruptcy and Insolvency Act. Call us at 604.688.1301. Our Vancouver bankruptcy insolvency lawyers provide support at all stages of the insolvency and restructuring process. Visit our website for more details.

  3. Bankruptcy also enables you to get financial counselling to help you avoid similar problems in the future. Moreover, debt collectors are legally required to stop contacting you once you file for bankruptcy. On the other hand, there are many reasons why you should pause before you file for bankruptcy.

  4. Find the right Vancouver Island County, Bc Bankruptcy and Insolvency lawyer from 6 local law firms. Get peer reviews and client ratings.

  5. Regardless of your situation, Boughton Law’s focus is to use our knowledge of the Bankruptcy and Insolvency Act or the Companies’ Creditors Arrangement Act (CCAA) to keep you protected from aggressive creditors throughout the process. We also provide counsel on financial restructuring and reorganization.

  6. Whether you intend to file Chapter 7 or Chapter 13 bankruptcy, it is a good idea to seek legal advice from an experienced Vancouver bankruptcy attorney. He or she will assist you with your bankruptcy petition and help ensure that you successfully go through your bankruptcy case. Why should you hire a bankruptcy lawyer?

  7. To qualify for personal Bankruptcy in Vancouver Island, you have to meet the following criteria: You owe at least $1,000 in unsecured debt. The value of your debt is greater than the sale value of your assets. You are insolvent, meaning you can’t pay your bills on time. Will You Lose All of Your Assets in Bankruptcy?

  8. Personal bankruptcy is a term used to describe the legal process in Canada in which an individual overwhelmed by debt can assign his or her assets to a Licensed Insolvency Trustee, like J. Bottom & Associates Ltd., and in exchange is granted relief from current debts. The process is governed by federal law as well as by provincial rules for ...

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