At Welker & Associates we help owners of incorporated companies deal with their debt issues, including government debt. There are three main government debts that business owners have to deal with:
Effective January 1, 2013, we're opening offices in Cambridge, Brantford and Simcoe! We're pleased to be expanding into new cities to help more people across Ontario:
Effective November 1, 2012, Welker & Associates will be opening a new location in Woodstock, ON.
One thing that all Canadians in debt should be thankful for is the Bankruptcy and Insolvency Act. We are fortunate in Canada to have legislation that allows an honest but unfortunate debtor to get a fresh start.
Effective October 1, 2012 Welker & Associates will be opening a new location in St. Thomas, ON.
Welker & Associates is pleased to announce that we have added another bankruptcy trustee to our team.
JULIE ASKED: I have bad credit due to a divorce from 7 years ago. I would like to know what my options are. I would prefer not to claim personal bankruptcy. Can this be done?
A lot of people we meet who have tax sheltered investments are concerned about how these investments will be affected if they file personal bankruptcy.
GREG ASKED: If I file a claim for bankruptcy, will I be able to redo my mortgage next year?
According to the Canadian Office of the Superintendent of Bankruptcy, personal bankruptcies decreased 19.1% across Canada in 2011.