Dartmouth, NS – The most common circumstances that could cause someone to accumulate unmanageable debt include separation/divorce, loss of income, illness, unexpected vehicle/housing expenses, business bankruptcy, or high medical bills . Although it can be difficult to get back on track, Powell Associates Ltd. – Licensed Insolvency Trustee provides advice, education and Halifax bankruptcy services aimed at eliminating debt.
The firm includes a team of Licensed Insolvency Trustees with over 40 years of combined experience in resolving financial difficulties for businesses and individuals at all levels. With a mission to help individuals solve their debt problems, trustees ensure that the client understands their practical options as well as the advantages/disadvantages of each situation. They also educate and empower customers throughout the process by giving them practical tools to manage their finances. As a firm with insolvency practitioners on the ground, they respond to calls quickly, address concerns and ensure clients don’t get stuck in an assembly line process.
Powell Associates Ltd. – The 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. Licensed Insolvency Trustees provide detailed information to help clients understand the similarities/differences, in order to make an informed decision on what action they should take. During a consultation, a client can discuss their particular situation, explore the different paths and understand the practical options available to resolve their debts.
According to Powell Associates Ltd. – Licensed Insolvency Trustee, one of the primary purposes of the Bankruptcy and Insolvency Act is to provide a fair and orderly means for businesses/unincorporated corporations to deal with unmanageable debts. For this reason, they offer corporate debt solutions for business owners looking to manage business insolvency. Recognizing the impact that insolvency proceedings can have on guarantors, secured/unsecured creditors, business owners, suppliers, employees, landlords, customers or other stakeholders, licensed trustees insolvency pave the way for restructuring or liquidation.
Powell Associates Ltd. – Licensed Insolvency Trustee is under the direction of Robert Powell, CPA, CIRP, SAI. He has worked 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 to administer proposals/bankruptcies. With a focus on education, they’ve written insightful blog posts on the true cost of not facing debt, the basics of rebuilding credit, the importance of consumer proposals, and more.
To free yourself from unmanageable debt and start fresh, visit the company’s website or call (902) 403-3602 to schedule a consultation. Powell Associates Ltd. – The 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 Avenue Unit 130