{"id":2775,"date":"2018-09-02T03:43:36","date_gmt":"2018-09-02T03:43:36","guid":{"rendered":"http:\/\/bankruptcycalgary.com\/?page_id=2775"},"modified":"2022-02-07T16:03:34","modified_gmt":"2022-02-07T23:03:34","slug":"personal-bankruptcy","status":"publish","type":"page","link":"https:\/\/bankruptcycalgary.com\/personal-bankruptcy\/","title":{"rendered":"Personal Bankruptcy"},"content":{"rendered":"

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Personal Bankruptcy<\/strong><\/h1>\n

In Calgary & Southern Alberta<\/strong><\/h2>\n

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Thinking about bankruptcy? Get professional advice with a free and confidential phone call!<\/h4>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_4″ _builder_version=”4.14.7″ _module_preset=”default” custom_css_main_element=”margin: auto;” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_button button_text=”Yes, Please!” button_alignment=”right” button_alignment_tablet=”center” button_alignment_phone=”center” button_alignment_last_edited=”on|phone” _builder_version=”4.14.7″ _module_preset=”_initial” custom_button=”on” button_text_size=”0.8vw” button_bg_color=”#099A82″ button_font=”|600|||||||” hover_enabled=”0″ button_text_size_tablet=”1.6vw” button_text_size_phone=”3.2vw” button_text_size_last_edited=”on|phone” global_colors_info=”{}” theme_builder_area=”post_content” button_url=”#free-phone-consultation” module_id=”overlay_unique_id_6292″ sticky_enabled=”0″ button_border_color=”#f5f5f5″ button_border_color__hover_enabled=”on|desktop” button_border_color__hover=”#099A82″][\/et_pb_button][\/et_pb_column][\/et_pb_row][et_pb_row _builder_version=”4.14.7″ global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”4_4″ _builder_version=”3.0.47″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.7.7″ _module_preset=”64efc48f-99dc-417d-a857-f5e2b7e04215″ global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

What Is Personal Bankruptcy?<\/h2>\n

Personal Bankruptcy is a legal process, regulated by the government of Canada, that releases you from your debts, stops collection calls, ends wage garnishment and legally protects you from your creditors. It is a way for unfortunate Canadians to get out of debt and have a fresh start.<\/span><\/p>\n

If you are considering filing for personal bankruptcy, it is important to understand the process and the options that are available. Yes, you have options<\/strong>.\u00a0 Licensed Insolvency Trustees are the only professionals in Canada who can prepare and administer personal bankruptcy filings. At Hudson & Company<\/a>, our first priority is making sure that you are well informed and understand all of the options that are available to you.<\/p>\n

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Where Should I Start?<\/h3>\n

The best way to understand how personal bankruptcy may impact you is a free consultation with one of our Trustees. We will look at your debt situation, with consideration for your unique circumstances and what you are hoping to achieve. We will review all of the available options with you and answer any questions you may have.<\/p>\n

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Learn More<\/h3>\n

[\/et_pb_text][et_pb_image src=”https:\/\/bankruptcycalgary.com\/wp-content\/uploads\/2020\/08\/right_arrow_2.png” title_text=”right_arrow_2″ align=”right” src_tablet=”” src_phone=”https:\/\/bankruptcycalgary.com\/wp-content\/uploads\/2020\/08\/down_arrow.png” src_last_edited=”on|phone” align_tablet=”” align_phone=”center” align_last_edited=”on|phone” _builder_version=”4.5.1″ _module_preset=”default” filter_opacity=”30%” animation_style=”slide” animation_direction=”left” animation_direction_tablet=”” animation_direction_phone=”top” animation_direction_last_edited=”on|phone” global_colors_info=”{}” filter_opacity__hover_enabled=”on|hover” filter_opacity__hover=”85%” theme_builder_area=”post_content”][\/et_pb_image][\/et_pb_column][et_pb_column type=”1_5″ _builder_version=”4.5.1″ _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_blurb title=”5 Stages of Bankruptcy” url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjMyNjQifX0=@” use_icon=”on” font_icon=”||divi||400″ _builder_version=”4.13.0″ _dynamic_attributes=”url,link_option_url” _module_preset=”cf5a71a8-820f-4566-96af-bbb752aacf21″ link_option_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjMyNjQifX0=@” custom_css_blurb_image=”margin-top: -50px;||margin-bottom: -20px;||margin-right: -50px;||” global_colors_info=”{}” theme_builder_area=”post_content”]<\/p>\n

What are the different stages of the bankruptcy process?<\/p>\n

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What do I need to know about declaring bankruptcy in Alberta?<\/p>\n

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Will I lose my house? Which assets are considered exempt?<\/p>\n

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When will I be discharged from bankruptcy?<\/p>\n

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To determine whether you qualify for personal bankruptcy, begin by asking yourself the following questions:<\/strong><\/p>\n