If you are wondering where in Labrador to turn for advice you can contact Sean Stack of S.R. Stack & Company Ltd. today for a free consultation. Sean is a Licensed Insolvency Trustee servicing all of Newfoundland and Labrador. For more information about Sean, get in touch with us.
Living in Labrador? Bills piling up? Creditors calling and you don't know where to turn?
If you are living in Labrador and are struggling with debt, then a Licensed Insolvency Trustee is the licensed professional you can trust to provide you with an impartial view of what your options are.
One option you may want to consider is a Consumer Proposal. This approach to insolvency involves you working with a Licensed Insolvency Trustee to develop a proposal that will be sent to your creditors with the goal of negotiating the terms of your debt payments.
What is a Licensed Insolvency Trustee?
A Licensed Insolvency Trustee (LIT) is a professional licensed by the Office of the Superintendent of Bankruptcy, which is an agency of the Government of Canada.
Licensed Insolvency Trustees are impartial professionals who have the dual role of both ensuring that your rights as a debtor are not abused and of protecting the rights of creditors.
Debt solutions in Labrador by a Licensed Insolvency Trustee
Personal Bankruptcy
Consumer Proposal
Division I Proposal
(personal or business)
Business Solutions
What does insolvency mean?
There are two ways of being insolvent.
- Being unable to pay your bills as they come due (or taking from one card to pay another)
- If the total of your debts adds up to more than the value of what you own.
If you are wondering where in Labrador to turn for advice you can contact Sean Stack of S.R. Stack & Company Ltd. today for a free consultation. Sean is a Licensed Insolvency Trustee servicing all of Newfoundland and Labrador. For more information about Sean, get in touch with us.