Licensed Bankruptcy Trustee Brampton

Many Canadians struggle with debt, but there are solutions available to them. Contact Risman Zysman’s Licensed Insolvency Trustees in Brampton to find out how we can help you explore the option of personal bankruptcy and reduce up to 80% of your debt.

We will review your financial situation in detail and then find the right solution to help you get onto the road to financial recovery.

Our licensed personal bankruptcy trustees in Brampton Ontario will give you a detailed analysis of your financials and lay out all of the debt-relief services available to you. At Risman Zysman Inc, our specialties are:

• Consumer Proposal
• Debt Relief Solutions
• Personal Bankruptcy
• Tax Debt
• Student Loans
• Credit Card Debt
• Debt Consolidation

These services are simple and straightforward to help you get back on track!

At Risman Zysman Inc, we understand the struggle that trying to pay off an overwhelming amount of debt can be. That is why our professional Brampton team of Licensed Insolvency Trustees is committed to offering you confidentiality, efficient communication, and ongoing support until you achieve debt relief.

If you are dealing with demanding creditors and struggling to meet all of your payments, Risman Zysman offers free support for our Brampton clients. Contact us today at 416-222-4600 or fill out our convenient online form for a free, confidential, no-obligation consultation.

Our Services

Risman Zysman Inc. has over 45 years of experience helping our Brampton clients on their debt relief journey. We offer relief options for student loans, tax debt, credit card debts, debt consolidation, and other relief solutions.

We are experts when it comes to filing personal bankruptcy or requesting consumer proposals as an alternative. To understand more, reach out to us at 416-222-4600 for a free and confidential no-obligation consultation.

Bankruptcy Brampton

Filing for bankruptcy is a common way for people to pay off their accumulated debts and are no longer able to make payments. In order to declare bankruptcy, you have to get in touch with a Licensed Insolvency Trustee and provide them with all information necessary to evaluate your financial situation, such as a list of all of your assets, debts (including who the creditor is), income and expenses, together with personal information.

Filing for bankruptcy is a lengthy process and requires a lot of documentation, and has strict regulations to follow. However, the benefit of it is that wage garnishments will stop, and calls from collection agencies will cease. 

Then it is your responsibility to complete the duties laid out in the regulations:

• Surrender credit cards and certain assets, and your credit cards
• Attend two credit counselling sessions
• Provide proof of income and expenses
• Make payments including (if required) surplus income payments
• Provide information needed to file necessary tax returns

Once all of these responsibilities are met, you will receive a discharge from your creditors, which eliminates your unsecured debts.

Consumer Proposal Brampton

Consumer proposals are an alternative to personal bankruptcy. With this legal settlement, you enter into an agreement between you and your creditors to pay off a certain amount of your unsecured debt within up to five years.

Just like with bankruptcy, you have to contact a Licensed Insolvency Trustee (LIT), who will review your financial situation and then determine how much you can realistically afford to pay every month. This detailed plan is then offered to the creditors, and if accepted, you will make payments to your LIT, who will then distribute the funds among the creditors based on the plan.

One advantage of consumer proposals is that you can keep your assets, your bank accounts will not be frozen, and creditors cannot harass you anymore. 

If you need assistance with filing for bankruptcy or a consumer proposal in Brampton, our experienced Licensed Insolvency Trustees at Risman Zysman Inc. can help. We offer free, confidential, no-obligation consultations to assess your financial situation and needs.

We also offer a free debt repayment and consumer proposal calculator for our Brampton clients to use. You can check it out here for more details.

Meet Our Team

If you are struggling with debt relief in Brampton, our team of Licensed Insolvency Trustees at Risman Zysman can assist you. We have more than four decades of experience providing clients with a wide range of options that can reduce your debt by up to 80% and guiding you to a debt-free journey.

Our Licensed Insolvency Trustees in Brampton

Our reliable and friendly staff at Risman Zysman Inc. has extensive experience assisting the people of Brampton on their road to financial recovery. Here are some of the names that make our firm great:

• Frank Risman – for more than 40 years, Frank has helped many Ontario residents pay off their debts and live debt-free
• Marvin Zysman – being a Licensed Insolvency Trustee for more than 30 years, Marvin assisted thousands of people to become debt-free
• Linda Zysman – Linda has been in the insolvency field for 35 years, and is the Operations VP of Risman Zysman Inc
• Ryan Zysman – a reliable and competent Licensed Insolvency Trustee since 2017

You can read more about our amazing team of professionals here.

What Our Brampton Clients Have to Say

Visit Us at Our Brampton Office

Our Brampton office is conveniently located in the heart of the city, near restaurants and stores. You can find us at 2 County Court Boulevard, Suite 400.

Contact Risman Zysman’s Licensed Insolvency Trustees and Book a FREE Consultation Today

If you are struggling with debt, visit our website or contact us today at 416-222-4600 to book a free, confidential no-obligation consultation with our professional licensed insolvency trustees in Brampton.