Bankruptcy Services
in St. Albert
Eliminate almost all of your unsecured debts and get a fresh financial start
Goth and Company eliminates overwhelming debt for St. Albert residents through government-approved bankruptcy and debt settlement programs. As Licensed Insolvency Trustees, we are the only professionals legally authorized to file bankruptcy and consumer proposals on your behalf.
Personal Bankruptcy Services You Can Trust in St. Albert
Filing for bankruptcy in St. Albert requires expertise you can rely on. Not all Alberta bankruptcy services are equal, and choosing the right Licensed Insolvency Trustee can make all the difference in your debt relief journey.
As Licensed Insolvency Trustees incorporated since 1993, Goth and Company takes a personal approach to understand your unique financial situation and guides you through every step. We examine all of your debt relief options and ensure you understand how bankruptcy will impact your life in St. Albert.
When you’re ready to take control of your financial future, you choose the path that makes the most sense for your situation. Goth and Company stands as one of Alberta’s most trusted debt elimination specialists throughout Alberta, having guided thousands of Albertans through comprehensive debt elimination across Alberta.
Filing for Bankruptcy in Alberta
See the bankruptcy process broken down into five simple stages.
Looking for a Bankruptcy Trustee?
Find out why you need a Licensed Insolvency Truste instead.
The Bankruptcy & Insolvency Act
Everything you need to know about Canada’s insolvency legislation.
Alberta Bankruptcy Exemptions
Find our what assets are considered exempt from bankruptcy proceedings.
Who Should Consider Debt Relief in St. Albert?
The bankruptcy process is designed as a last resort for individuals and families who are in a position where they cannot afford to deal with their debt in any other fashion. Here are the top signs you should be discussing your finances with a bankruptcy trustee:
- Avoid answering the phone afraid of harassing creditors
- Paying minimum payments on credit cards
- Owe CRA back taxes for multiple years
- Wages garnished for unpaid bills
- Turned down multiple times for extended credit
- Use one credit card to pay another
- Repeatedly use cash advance or payday loans
- Skip payments or are behind on accounts
Personal bankruptcy in St. Albert can eliminate most types of unsecured debt. Once you file bankruptcy, creditors must deal directly with your Licensed Insolvency Trustee instead of contacting you directly.
Insolvency & Debt Relief Services
Multiple bankruptcy alternatives are available in St. Albert. Bankruptcy is typically considered as a last resort for individuals and families who are unable to manage their debt obligations in any other way. As Licensed Insolvency Trustees, Goth and Company provides immediate creditor protection through the federally regulated bankruptcy process.
Personal Bankruptcy
A federally regulated process that eliminates most unsecured debts. Bankruptcy is designed to relieve honest but unfortunate debtors of their debts. Bankruptcy filing can only be completed by a Licensed Insolvency Trustee and must follow procedures outlined in the Bankruptcy & Insolvency Act of Canada.
Consumer Proposals
A bankruptcy alternative that enables you to keep all your assets while repaying just a fraction of your total debt. This binding agreement can reduce your debts by up to 70% over a maximum 5-year term. Our consumer proposals achieve acceptance at a rate of 99% or better. Goth and Company has this exceptional success rate because our Licensed Insolvency Trustees understand exactly what creditors expect and create realistic debt solutions.
Debt Consolidation
Consolidate various debts into a single manageable payment. We’ll help you review debt consolidation options for St. Albert residents before considering bankruptcy as your debt relief solution.
Your Path to Financial Relief in St. Albert
The bankruptcy process might seem overwhelming initially, but it becomes much clearer once you understand what happens at each stage.
1. Free Financial Assessment
We’ll review your debts, income, and assets during a confidential meeting. Our Licensed Insolvency Trustee explains all your options and helps determine if bankruptcy makes sense for your situation.
2. File Your Legal Documents
When bankruptcy works as your best option, we handle all the paperwork and file with the federal government. Creditor protection starts immediately – no more collection calls or legal action.
3. Complete Your Requirements Successfully
You’ll fulfill monthly reporting, attend counselling sessions, and make any required payments. We guide you through every requirement to ensure you complete bankruptcy successfully and receive your discharge.
Find out if declaring bankruptcy is right for you!
Free Professional Advice
Goth & Company are here to help. No cost. No obligation.
Client Reviews
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Recent Posts About Bankruptcy
We publish content based on questions and feedback from our clients and visitors.
Will This Clear My Credit Report?
A Consumer Proposal or Personal Bankruptcy Will Clear Up My Credit Report Myth or Fact? Several times a week I get calls from individuals (debtors) who believe that if they go through a consumer proposal or personal bankruptcy their debts will be removed from their...
How Much Will I Have To Pay If I Go Bankrupt?
How Much Will I Have To Pay If I Go Bankrupt? First We Evaluate Your Options With You When you meet with a Licensed Insolvency Trustee (LIT) to review your situation and your options, the bankruptcy process results in the least amount you pay and is usually the...
Do I Have To Disclose All Of My Debts?
Do I Have To Disclose All Debts In A Consumer Proposal Or Bankruptcy? Why It Matters When a consumer proposal or bankruptcy starts there is immediate protection from the collection action of all unsecured creditors against the debtor. To get this protection, certain...
Bankruptcy Is Not Just “Bankruptcy”
Bankruptcy Is Not Just "Bankruptcy" What is it Then? Bankruptcy is commonly used to describe one of the government law processes available in federal legislation known as the Bankruptcy and Insolvency Act (BIA). The BIA regulates the options available to deal with...
Frequently Asked Questions
Below are commonly asked questions about bankruptcy in St. Albert and in Alberta.