Debt solutions & consumer proposals in New Brunswick
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Bankruptcy trustees & consumer proposals in New Brunswick
Harris & Partners Inc. in New Brunswick have over 50 years of experience when it comes to bankruptcy advice. Filing for bankruptcy may be the right solution for you and may help you in the process of becoming debt-free, but our Licensed Insolvency Trustees are here to answer all of your bankruptcy-related questions and to point you in the right direction when other alternatives are available.
If your financial problems have become too complex for you to handle then take advantage of our no-obligation initial consultation and let us show you how we could free you from the shackles of debt and start to enjoy financial freedom again.
Licensed insolvency trustee in New Brunswick
At Harris & Partners Inc. in New Brunswick, we understand that overwhelming debt that seems impossible to pay off is never a choice. There are numerous reasons for having unmanageable debts, including illness, losing your job, or simply the cost of living being beyond your means.
The good news is the New Brunswick Licensed Insolvency Trustees at Harris & Partners help you regain financial control. Understandably, you’ll probably have lots of questions about how we can deal with your unmanageable debts, so call us today and speak with our dedicated team members who will dedicate themselves to restoring your financial success.
New Brunswick Office
If you think that bankruptcy is your only solution, then Harris & Partners Inc of New Brunswick could have good news for you. There are so many debt relief options that our Trustees in New Brunswick can help you with that bankruptcy may not be on the cards. Even if bankruptcy does turn out to be the best option for you, you won’t be on your own. Call the team at Harris & Partners and we’ll support you every step of the way.
Your estate manager in New Brunswick
Rob McLernon is responsible for the PEI, Nova Scotia, New Foundland & New Brunswick offices.
Rob joined HPI in 2022 after spending the past 20 years in the insolvency industry having most recently managed Grant Thornton’s insolvency team in Atlantic Canada. He became a Chartered Insolvency and Restructuring Professional (CIRP) in 2014 and a Licensed Insolvency Trustee (LIT) in 2015. Rob is the Past President of the Nova Scotia Association of Insolvency & Restructuring Professionals (NSAIRP).
Rob is passionate about helping clients find solutions to their financial struggles and says he has the best job in the world – helping people each and every day achieve a Fresh Financial Start.
By appointment only:
Monday: 08:30 AM – 05:00 PM
Tuesday: 08:30 AM – 05:00 PM
Wednesday: 08:30 AM – 05:00 PM
Thursday: 08:30 AM – 05:00 PM
Friday: 08:30 AM – 05:00 PM
Danger signs of bankruptcy
If you think you might be on the edge of filing for bankruptcy, ask yourself the following questions:
– Do you have to use credit cards to pay for everything?
– Can you only pay the minimum monthly amount on your credit card?
– Are you constantly borrowing money?
– Have your creditors repossessed your car?
– Have your creditors sold your debt or placed your account with a collection agency?
If you recognize any of those warning signs in your life, you may be headed for bankruptcy. Debt has a way of creeping up on nearly anyone with a credit card. It’s quite easy to acquire a large amount of debt when you’re faced with house payments, car payments, or student loans.
Bankruptcy exemptions and consumer proposals in New Brunswick
Many people applying for bankruptcy or a consumer proposal in New Brunswick are unaware that some of their personal property is exempt from seizure. The Provincial Government have put exemptions into place to ensure that you have enough personal necessities to live without struggling and carry on working. In fact, they are some of the most lenient exemptions in the entire country.
These exemptions include:
– Clothes for you and your family
– Food and fuel for you and your family for three months
– All medical and health aids for you and your family
– All furniture and household appliances to the value of $5,000
– All domestic pets
– Certain Government pension plans
– If you need your motor vehicle for employment it is exempt from seizure providing it is worth less than $6,500
– Tools of your trade to the value of $6,500
Farm property exemptions
– Two horses and harnesses
– Two cows
– Ten sheep
– Two hogs
– Twenty fowl
– Food for all animals for six months
– 40 bushels of oats
– 10 bushels of barley
– 10 bushels of buckwheat
– 10 bushels of wheat
– 35 barrels of potatoes
If you have more questions about bankruptcy exemptions or consumer proposal exemptions in New Brunswick then speak to our expert team in Moncton who will be happy to help.