Some of us unfortunately believe that filing for bankruptcy is the end – that someone’s reputation and credit will never be the same. This is not true. In actuality, filing for bankruptcy can give you a second chance and allow you to start fresh. It is actually an honest and responsible way to resolve your financial difficulties. Alternatively, bankruptcy isn’t always the solution when you are facing financial hardship. A proposal with the creditors is also an option.
During the Covid-19 pandemic, many individuals and businesses have faced financial hardship. Some unfortunately won’t be able to survive financially. It is important to seek legal advice on if bankruptcy is a viable option.
Filing for bankruptcy or putting together a proposal involves many different issues and steps. We are well equipped to assist you with this, let us handle it!