Dartmouth, NS – The most common circumstances that could allow an individual to accumulate unmanageable debt include separation/divorce, loss of income, illnesses, unexpected vehicle/housing expenses, business failure, or high medical bills. While it may be difficult to get back on track, Powell Associates Ltd. – Licensed Insolvency Trustee offers guidance, education, and bankruptcy Halifax services geared towards eliminating debt.
The firm comprises a team of Licensed Insolvency Trustees with over 40years of combined experience resolving financial difficulties for companies and people across the board. With the mission of helping individuals fix their debt issues, the trustees make sure that a client understands their practical options as well as the pros/cons for each situation. They also educate and empower clients along the way by giving them practical tools for managing their finances. As a firm with hands-on insolvency practitioners, they answer calls promptly, address concerns, and ensure that clients don’t get stuck in an assembly-line process.
Powell Associates Ltd. – Licensed Insolvency Trustee focuses on personal debt solutions for clients with unmanageable debt. Often, the option to resolve these types of debts includes personal bankruptcy or consumer proposals. The Licensed Insolvency Trustees provide extensive information to help clients understand the similarities/differences, to make an informed decision on the actions they need to take. During a consultation, a client can discuss their specific situations, explore the different routes, and understand the practical options available to resolve their debts.
According to Powell Associates Ltd. – Licensed Insolvency Trustee, one of the main purposes of the Bankruptcy and Insolvency Act is to provide an equitable and orderly way for unincorporated businesses/corporations to deal with unmanageable debts. For this reason, they offer corporate debt solutions for business owners seeking to manage corporate insolvency. With the knowledge of the impact insolvency proceedings may have on guarantors, secured/unsecured creditors, business owners, suppliers, employees, landlords, customers, or other stakeholders, the Licensed Insolvency Trustees chart a path for restructuring or liquidation.
Powell Associates Ltd. – Licensed Insolvency Trustee is under the leadership of Robert Powell, CPA, CIRP, LIT. He has been in the industry since 1989 and is currently a member of the Canadian Association of Insolvency and Restructuring Professionals (CAIRP). He leads a team of experienced Licensed Insolvency Trustees licensed by the Superintendent of Bankruptcy in Canada to manage assets held in trust and administer proposals/bankruptcies. With a focus on education, they have written insightful blog posts on the real cost of not dealing with debt, the basics of credit rebuilding, the importance of consumer proposals, among others.
To become free from unmanageable debt and start afresh, visit the firm’s website or call (902) 403-3602 to schedule a consultation. Powell Associates Ltd. – Licensed Insolvency Trustee is located at 50 Eileen Stubbs Ave Unit 130, Dartmouth, NS, B3B 0M7, Canada.
Powell Associates Ltd. – Licensed Insolvency Trustee
50 Eileen Stubbs Ave Unit 130