The first meeting with an insolvency trustee should be free

Why should the first meeting be free of charge ?

When people find themselves in a situation of over-indebtedness, they often try to minimize their current expenses. People do this in the hope that they will eventually be able to pay off the accumulated debts. However, this search for solutions “at all costs” leads us to make quick decisions. These decisions may seem expedient at the time, but are often not viable in the long term.

A strategy that worked for someone close to you is not necessarily applicable to your own situation. That’s why it’s important to consult a Licensed Insolvency Trustees (LITs). These professionals operate under federal government regulation. They can guide you towards the best debt solution for YOUR situation.

Money is already a concern when you are in debt. We believe it is vital that the first meeting with a federally regulated debt consultant should be free of charge. If your initial orientation meeting comes with a charge, you might hesitate to ask all your questions. Indeed, concerns about the cost and fear of a steep bill might outweigh your desires for answers.

Therefore, the simple fact that the initial meeting isn’t free, could prove to be an obstacle for many people. Unfortunately, these obstacles could get in the way of you getting the advice you need. This holds true regardless of whether the fee is an hourly rate or a single payment.

We therefore urge you to make sure of two things when you are looking for options to resolve your debt problems. First, make sure that you are meeting with a licensed insolvency administrator (LIA), which is an accredited professional. Second, that this meeting is a free confidential consultation and without any obligation on your part.

In the event of overindebtedness, several debt relief options may be available to you. For instance, potential avenues include debt consolidation, personal bankruptcy and consumer proposals. Furthermore, it’s important to discuss your situation calmly and without pressure. A bankruptcy trustee can help you determine the right course of action for your situation.

Don’t hesitate to make an appointment with one of our debt management advisors in order to solve your debt problems. If you have any questions about your financial situation, you can reach us at 1-877-352-6661 or by completing our appointment form.

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