Catch On the Loan of Declaring Personal Bankruptcy in Alberta

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DECLARING
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in A L B E R T A
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ABOUT PERSONAL BANKRUPTCY

• Declaring or ?ling for personal bankruptcy is a
  legal process in canada. when you are unable to
  pay your debts, you ?le for bankruptcy under the
  bankruptcy insolvency act. insolvency can be
  de?ned as your inability to meet the ?nancial
  responsibilities and insuf?cient assets to pay
  off your debt. however, you can ?le bankruptcy
  if you owe more than 1000 in total. you have to
  approach a licensed insolvency trustee to
  understand and proceed with this legal process.

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A Licensed Insolvency Trustee (LIT) is the
professional who will guide you in the process
of ?ling bankruptcy. They services to all
individuals problems. To begin with, current
?nancial situation, history, note if there are
cause of your debt. Further, assets, incomes,
expenses
provide advice and and businesses with debt
they will understand your learn about your
?nancial any debts, and ?nd out the they will
examine your and debt levels. With this
information, they will assist you through
?nancial dif?culties.
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Here is what they do
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1.. Arrange the paperwork and review it with
you 2.. File documents with the Of?ce of the
Superintendent of Bankruptcy (OSB) 3.. Ensure
that after ?ling to OSB, you are of?cially
declared bankrupt 4.. Deal with the creditors,
lawsuits, and other related issues The bottom
line - they will be there with you throughout
your bankruptcy period and help you get rid of
debt.
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CONTACT US
[phone]
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THANK YOU
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