Surgeson Carson

Providing solutions for money problems, debt problems, debt consolidation, tax issues, credit

problems, student loan relief, consumer proposals in Ottawa, Kanata, Nepean, Orleans,

Carleton Place, Rockland, Brockville areas

http://surgesoncarson.com/

Surgeson Carson – Bankruptcy – Debt Consolidation

Surgeson Carson are Trustees In Ottawa Bankruptcy & Debt Counsellors. Since 1997, Surgeson Carson Associates Inc. has been providing individuals, families, businesses and corporations with the tools needed to secure their financial future. We are a team of qualified professional accountants, trustees in bankruptcy and specialized staff, who pride ourselves in the solution oriented approach to your problems.

Our focus is to ensure that you solve your financial problems. We are committed to providing solutions that will improve your quality of life, help you gain financial control and achieve your personal and financial goals.

There may be other options besides bankruptcy.

http://surgesoncarson.com/

Surgeson Carson – Services

At Surgeson Carson Associates Inc. we are here to help you find workable solutions to your financial problems. And those solutions will be tailor-made to your particular situation. We offer our services to individuals and the business community.

There are a variety of options that may be available to you including:

• Negotiating with a creditor;• Debt / Credit counselling;• Money Management;• Bankruptcy• Corporate Proposal / Reorganization;• Voluntary wind-up or Liquidation;

http://surgesoncarson.com/

Surgeson Carson – Bankruptcy

Bankruptcy in Canada is set out by federal law, in the Bankruptcy and Insolvency Act and is applicable to businesses and individuals. The Office of the Superintendent of Bankruptcy, a federal agency, is responsible for ensuring that bankruptcies are administered in a fair and orderly manner. Trustees in bankruptcy administer bankruptcy estates.

Some of the duties of the trustee in bankruptcy are to:

• Review the file for any fraudulent preferences or reviewable transactions

• Chair meetings of creditors• Sell any non-exempt assets• Object to the bankrupt’s discharge• Distribute funds to creditors

http://surgesoncarson.com/

Surgeson Carson – Consumer Proposals

In Canada, a person can file a consumer proposal as an alternative to bankruptcy. A consumer proposal is a negotiated settlement between a debtor and their creditors.

A typical proposal would involve a debtor making monthly payments for a maximum of five years, with the funds distributed to their creditors. Even though most proposals call for payments of less than the full amount of the debt owing, in most cases, the creditors will accept the deal, because if they don’t, the next alternative may be personal bankruptcy, where the creditors will get even less money. The creditors have 45 days to accept or reject the consumer proposal. Once the proposal is accepted the debtor makes the payments to the Proposal Administrator each month, and the creditors are prevented from taking any further legal or collection action. If the proposal is rejected, the debtor may have no alternative but to declare personal bankruptcy.

http://surgesoncarson.com/

Contact Ottawa Bankruptcy – Debt Consolidation

– Surgeson Carson99 Fifth Avenue, Suite 8

Ottawa, Ontario, K1S 5K4Phone: (613) 567-6434

http://surgesoncarson.com/

http://surgesoncarson.com/