Get the Help and Advice You Need
Debt can fall on anyone, anytime. Whether your investment in a business backfired, or you lost your job and are finding it impossible to pay back for credit card bills, you're not alone. At Campbell Saunders, we provide reliable debt help in Richmond, BC. Our team consists of capable and dedicated individuals who have helped many like you in the past. We have a range of solutions that will help you get your life back on track. We don't follow a cookie-cutter approach but tailor our solutions to meet your unique needs instead. Being in debt is often confusing, and there are plenty who try to deceive you even during your misfortune. This is why it's imperative to get the advice of a Licensed Insolvency Trustee (LIT) as soon as possible. Our founding partner, Harold, is an LIT who will help you find your peace of mind.
How We Help
We know that being in debt can be overwhelming, which is why we assess your financial condition and educate you about the options that are available to you. We help you choose the right solution so that you can find a way out of debt and go back to living your life peacefully.
+ We Listen to You
The first step towards finding the right solution for your financial troubles is understanding the full extent of your problem. We provide a non-judgmental and comfortable setting where you can discuss your debt. At Campbell Saunders, your voice is heard.
+ We Advise You
Once we hear what you have to say, we educate you about the options that are available to you. Once you're in the know, you feel optimistic and are able to make rational decisions.
+ We Work With You
When you come to us for help, we're there for you every step of the way. We work with you to find the most appropriate option out of all those available to you. We help you create a plan to deal with your debt and assist you in executing it.
+ We Have Your Best Interest in Mind
We put your needs first. The reduction and elimination of your debt is our priority from the moment you decide to use our services. Needless to say, the team at Campbell Saunders is always on your side.
Your Options
Although it may not feel like it, there are many paths available to find a way out of debt. Our job is to help you pick out that path so you can walk towards independence from debt.
Consumer Proposal
A great alternative to filing for bankruptcy is to opt for a consumer proposal. You are eligible to file for a consumer proposal if you're able to pay back a portion of your debt. Another requirement is that your debt should be at least $1,000 but less than $250,000 (excluding debts secured by your principal residence). A great benefit of this choice is that it stops wage garnishments and harassing phone calls from creditors. You're usually able to retain your assets and it also freezes interest charges.
Personal Bankruptcy
If you currently can't pay back a part of your debt, filing for bankruptcy can help you by eliminating most of it. This option provides you with a clean slate in terms of your finances. Although this option is often the 'last resort' it protects you from your creditors and halts legal action against you.
Proposal to Creditors (Division I)
If your debt is more than $250,000 and you can pay back a part of it, a Division I Proposal could help you. We work with you to design an offer to your creditors to pay back a certain percentage of what you owe them. If accepted by the creditors, a Division I Proposal has many benefits, including the cessation of the interest charged.
Commonly Asked Questions About Debt Help
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Who is a Licensed Insolvency Trustee (LIT)? LITs are the only professionals in Canada who are legally approved to help you with debt with solutions like Consumer Proposals.
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How do I find out who I owe money to? The first step towards getting a clear picture of who you owe money to is to get your credit report from Equifax and TransUnion, the two primary credit bureaus in the country.
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Can I get debt help if I have a bad credit score? A LIT, like Harold here at Campbell Saunders, can discuss with you your options regardless of whether you have a good or bad credit score.
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Can I be taken to court? Creditors can take you to court, but only as a last resort. In most cases, we help you reach a solution with your creditors to avoid court action.
Frequently Asked Questions
There is no one-size fits all solution to your financial problems. Everyone we meet is different and we will take the time to discuss all your options with you.
Proposal to Creditors – FAQs
Can filing a Proposal stop garnishment of my wages? Yes, filing a Consumer Proposal will stop garnishments, with the exception of garnishments for child and...
Bankruptcy – FAQs
Are my RRSPs protected? Only RRSP contributions within the twelve (12) month period prior to your date of bankruptcy are not protected. Should your RRSP...
Why Choose Us?
We at Campbell Saunders are committed to helping you to find a debt solution that works for you. Harold has many years of experience and has helped numerous clients like you to get back on track. Our team has well-trained professionals who offer personalized solutions. Find out more about us.
If you have any more questions, you can find out more here. Alternatively, you can send us your query and we will get back to you to provide you with dependable debt help in Richmond.
