Consumer Proposal Scarborough and Bankruptcy Scarborough
2100 Ellesmere Road, Suite 327, Scarborough, Ontario M1H 3B7
Looking for consumer proposal or personal bankruptcy services in Scarborough with a Licensed Insolvency Trustee near you?
Scarborough is the area that forms the eastern part of the City of Toronto, Ontario, Canada. It was named by Elizabeth Simcoe in 1796 who was inspired by the Scarborough Bluffs which reminded her of the white cliffs near her home in England.
Scarborough has characteristics of a suburb of old Toronto, but retains much of its own character and flavour. Certain neighbourhoods in Scarborough are popular destinations for new immigrants to Canada, who bring part of their own culture to that of Scarborough. Because of the topography of the Bluffs, the Rouge Valley and the other creeks and minor tributaries, Scarborough is said to be the greenest and leafiest part of Toronto
Due to its size and diversity, many of the people we meet with in our Scarborough bankruptcy office come from all walks of life with various reasons for financial difficulty, be it marital breakdown, a job loss, business failure or just overspending.
Our Scarborough, Ontario Licensed Insolvency Trustee office is located at Suite 327-2100 Ellesmere Road on the northwest corner of Markham Road and Ellesmere Road.
When you first contact us, we’ll book you an appointment with our Scarborough Licensed Insolvency Trustee, Victor Fong. We’ll also inform you what information you should bring to your meeting with Victor at our Scarborough, Ontario office.
At the meeting, Victor shall listen to your situation and based on the information you’ve provided to him, he’ll provide you with your options, which could include:
Consumer Proposal Scarborough
A consumer proposal (also referred to as a debt proposal, credit proposal or bankruptcy proposal) is a settlement with your creditors. With our assistance, you can make monthly payment towards repaying some of your debts. We’ll design a payment plan that you can afford and that your creditors will accept.
A successful consumer proposal will allow you to avoid bankruptcy and minimize the effect on your credit rating. When you file a consumer proposal, your creditors will be stopped from taking most legal steps to recover their debts from you; for example, imposing wage garnishees. We will contact your creditors directly.
Filing for personal bankruptcy is something to consider if you are unable to solve your problems with a consumer proposal. For example, your income may be too low and/or or your debts may be too high to file consumer proposal that would be acceptable to your creditors.
Filing for personal bankruptcy is a legal process, regulated by the Bankruptcy and Insolvency Act, by which you may be relieved of most, or all, of your debts. When you declare personal bankruptcy, your creditors will be stopped from taking most legal steps to recover their debts from you. We will contact your creditors directly.
If you want to work with a Trustee who will give you confidence and peace of mind, look no further.
Contact Fong and Partners Inc., a member in good standing with the Better Business Bureau with an A+ Rating and one of the 3 Best Rated Trustees in the Greater Toronto Area.
Want to work with us? Our promise to you…
- You will be in constant contact with a real Licensed Insolvency Trustee.
- Your calls will always be returned.
- Your emails will never be ignored.
- We will work with you to craft an affordable payment plan that makes sense for your budget.
Contact our Scarborough office
Fong and Partners Inc
Suite 327-2100 Ellesmere Road
Scarborough, Ontario M1H 3B7