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Top Bankruptcy options for Canadians - Credit720

Bankruptcy and Insolvency is a situation where an individual or a company is given the relaxation that they no longer have to repay their debt. It is clearly defined under the Bankruptcy & Insolvency Act.

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Top Bankruptcy options for Canadians - Credit720

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  1. Top Bankruptcy options for Canadians

  2. About us • Credit720, our goal is to protect your best self-interest and not the creditors. Debt Consolidation, Consumer Proposal - Calgary & Edmonton Region. • Looking to Get Out of Debt? Best Debt Consolidation, Consumer Proposal, Credit Counselling Services in Calgary, Edmonton, Lloydminster, Alberta. Call Now!

  3. Top Bankruptcy options for Canadians • Bankruptcy and Insolvency is a situation where an individual or a company is given the relaxation that they no longer have to repay their debt. It is clearly defined under the Bankruptcy & Insolvency Act. • The four common bankruptcy options available in Canada are: • For small business houses and individuals those who want no more debts, personal bankruptcy is an option.

  4. Top Bankruptcy options for Canadians • For the companies in Edmonton that are incorporated and want to be debt-free, the option is business bankruptcy. • For the individuals whose debt consolidation or simply debt are lower than $2, 50,000 excluding the mortgage are applicable for a consumer proposal. • For the individuals as well as businesses houses those have debt over $250,000 are applicable for Division I proposal and get debt relief.

  5. Top Bankruptcy options for Canadians Personal Bankruptcy In this legal process of personal bankruptcy, a debtor would surrender his or her non-exempt assets, and they are required to make some bankruptcy payment to trustees.  Consumer proposal  It is the other option to bankruptcy where the legal benefits are same but available through a Licensed Insolvency Trustee. Advantages of Consumer Proposal are that it can be used for protection from creditor action and forgiveness of unsecured debt.

  6. Contact Us Red Deer #924, 4747 67th St,Red Deer AB, T4N 6H3Telephone: (403) 337-4000Fax: (780) 666-9721Email: info@credit720.ca Edmonton South 9856A 33 Ave NW, Edmonton AB T6N 1C6 Telephone: (780) 666-2600 Fax: (780) 666-9721 Email: info@credit720.ca Edmonton North 203, 12930 50 St, Edmonton, AB T5A 4L2 Phone: 780.666.2600 Email: info@credit720.ca Lloydminster(Alberta & Saskatchewan) Unit 102, 4802 -50th Avenue, Lloydminster, AB T9V 0W5 Phone: 403.337.4000 & 780.666.2600 Email: info@credit720.ca http://www.credit720.ca

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