Consumer Services - Bankruptcy

If your debt burden has grown intolerable, bankruptcy may be the right option for you. The Bankruptcy and Insolvency Act was designed to give an honest person the opportunity for a fresh financial start. Renowned for our personalized and discreet approach, Druker and associates' bankruptcy trustees, licensed by the federal government under the Bankruptcy and Insolvency Act, will guide you through the entire process in a dignified, respectful and non judgemental way.

During your initial meeting, an experienced counsellor will thoroughly evaluate your financial situation and advise you on the best course of action. You will be under no obligation to follow through, but if you desire continued support, the process shall be clearly explained to ensure complete understanding.

The bankruptcy process involves handing over your seizable property so that your debts may be repaid. The law provides that upon declaring bankruptcy, all creditors must cease direct proceedings therefore they can no longer contact you. We will extend complete support throughout the process and will meet with you on several occasions to ensure your advancement.

The amount of time it takes to rid yourself of the “bad credit” status is 7 years from the bankruptcy filing date, however the law does discharge you after 9 months to allow you to start rebuilding your credit.