Victoria Bankruptcy - PDSC Trustee Site

Posts from the 'Bankruptcy Trustee' category

Credit Counsellor vs. Trustee in Bankruptcy

2014-05-28 16:46:32

You’re struggling to pay your debts and you need some help; who do you go to for advice?  Both Trustees in Bankruptcy and Credit Counsellors offer financial advice and debt solutions options so what is the difference between the two?   Credit Counsellors offer help creating a debt...[more]

Bankruptcy Trustees: Your Questions Answered

2014-08-11 16:24:32

If you are struggling to keep up with your debt and are looking for a solution you have probably come across a lot of references to Bankruptcy Trustees and Consumer Proposal administrators. This post aims to provide a basic overview and answer the most common questions. Who are trustees? Bankruptcy Trustees are individuals who are licensed to administer bankruptcies and consumer proposals.  They have completed specific educational requirements and are federally licensed by the Office of the Superintendent of Bankruptcy, and as such they are subject to government...[more]

Understanding Your Debt Situation

2015-06-18 22:29:43

  1. Understanding your Debt Situation
First, you must recognize that you are having financial problems, and you feel that you can’t work them out on your own.

Each individual situation is different, but the following signs are typical of money problems that warn you to take action:

-      You have failed to make one or more payments on a mortgage or loan.

-      Your credit cards are constantly at their limit.

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