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We can help you reduce or eliminate your debts. Consult us for a free evaluation of your situation.
Our licensed insolvency trustees and financial reorganization advisors are there to relieve you of your debt and guide you to a better financial situation.
Pierre Roy & Associés Trustee
Licensed Insolvency Trustee in the Greater Montreal Area
A licensed insolvency trustee (LIT) is your best ally with the mission to help you regain financial health.
A licensed insolvency trustee (formerly known as a bankruptcy trustee) is first and foremost a professional holding a license from the government and whose first aim is to help you adjust and regulate your financial situation, so that you can take a fresh start.
Contrary to what many think, the licensed insolvency trustee is able to help you before you go bankrupt. Indeed, he will take time to review your situation and can explain the solutions that present themselves to you. Do not be surprised if he suggests an alternative to bankruptcy. Depending on your situation, another solution might be possible. Among these alternatives, there is the consumer proposal which allows you to keep your car and your home.
In Quebec and Canada, the licensed insolvency trustee is the only person authorized to manage a bankruptcy or a consumer proposal. He must meet a strict code of ethics and his work is subject to frequent inspections. The fees of the licensed insolvency trustee are determined by the law in order to protect you.
Get a free evaluation today!
It's free of charge, without obligation and completely confidential! We will take the time to understand your situation and we will answer all your questions.
What We’re About: Listening, Helping & Supporting You
Our warm and friendly team will work with you to quickly restore your situation.
You can meet without fear of being judged. Our professionals will listen to you to understand your situation.
We will work together to restore your financial situation quickly. We have the solutions for you to make a fresh start.
We will be there for you every step of the process. We will take the time to explain the different steps and we will answer all your questions.
Our Solutions to Debt Problems
Bankruptcy is not the only solution! We will guide you towards the best solution according to your situation.
For many people with financial difficulties it is still possible to rectify their financial situation without having recourse to the Bankruptcy & Insolvency Act.
Debt consolidation consists in grouping all debts under one loan from a bank or other financial institution.
Negotiation With Your Creditors
Sometimes, in certain circumstances it may be possible to negotiate yourself a new agreement with your creditors.
In Quebec, the voluntary deposit is a measure under the Code of Civil Procedure which allows you to pay your debts in handing the court a determined portion of your income, fixed by law. The court will distribute this amount to all your creditors, in proportion to their debt.
If you want to solve your financial problems while avoiding bankruptcy, consumer proposal might be for you. It is a legal process that is used by more and more Canadians struggling with financial problems.
When you have exhausted your options and you no longer see the light at the end of the tunnel, bankruptcy is ideal for a fresh start at a lower cost and in shortest time.