Bankruptcy BC

Welcome to the Bankruptcy BC Website.

Book a FREE confidential consultation with a Trustee: 1-877-971-9411 (24/7).

How Bankruptcy BC works.

Bankruptcy BC Trustees – Bankruptcy BC Information.

Welcome to our Bankruptcy BC website! We help people get a fresh start. To that end we have written this information in plain straightforward English. If you have any questions, ask them here, and we’ll get back to you within one business day. – Earl Sands, Licensed Insolvency Trustee.

These local insolvency trustees can provide you with a Free and No Risk consultation at their office or over the phone:

100 Mile House,      Abbotsford,      Burnaby,      Burns Lake,      Campbell River,      Castlegar,      Chetwynd,      Chilliwack,      Clearwater,

Coquitlam,      Courtenay,      Cranbrook,      Duncan,      Fort Nelson,      Fort St. John,      Grand Forks,      Houston,      Kamloops,      Kelowna,

Kitimat,      Langley,      Merritt,      Mission / Maple Ridge,      Nanaimo,      Nelson,      New Westminster,      North Vancouver,      Penticton,

Port Alberni,      Port Alice,      Port McNeill,      Port Moody,      Powell River,      Prince George,      Prince Rupert,      Queen Charlotte Islands,

Quesnel,      Richmond,      Salmon Arm,      Squamish and the Sunshine Coast,      Surrey,      Terrace,      Vancouver,      Vancouver South,

Vernon,      Victoria,      West Vancouver,      Whistler / Pemberton,      White Rock,      Williams Lake.


100 Mile House

MNP BC BankruptcyMNP Limited, 250-800-2316
Toll Free: 1-888-389-0158
#600, 235 1st Avenue, Kamloops, British Columbia

Email Evaluation More Info/Map


Abbotsford

Sands & Associates Logo

Sands & Associates, 604-229-1938
316 – 31935 South Fraser Way, Abbotsford, BC

Email Evaluation More Info/Map


Burnaby

Shelley KoehliSmythe Debt Advisors,
Toll Free:
1-888-224-3394

Lake City Business Centre
3292 Production Way, Suite 501, Burnaby, BC V5A 4R4
Email Evaluation More Info/Map


Burns Lake

Greg BestGreg Best: Licensed Insolvency Trustee.

Phone:604-757-0740, Toll-Free:1-888-224-3394

Campbell River

Terry RogersTerry Rogers: Licensed Insolvency Trustee.

Phone:250-999-0451

Castlegar

MNP BC Bankruptcy

MNP Limited, 250-800-2317
Toll Free: 1-888-389-0158
#700, 1628 Dickson Avenue, Kelowna, British Columbia

Email Evaluation More Info/Map


Bankruptcy Chetwynd

MNP BC Bankruptcy

MNP Limited, 250-800-2315
Toll Free:1-888-389-0158

10611-102nd Street, Fort St. John, BC

Email Evaluation More Info/Map


Chilliwack

Sands & Associates Logo

Sands & Associates, 604-229-0663
211- 45480 Luckakuck Way, Chilliwack, BC

Email Evaluation More Info/Map


Clearwater

Residents of the Clearwater, BC area are able to file a bankruptcy or a proposal online or via the telephone: 1-888-224-3394


Coquitlam

Open Weekdays 7am – 9:00pm. Sat. & Sun. 9am – 3pm

Sands & Associates Logo

Sands & Associates, 604-229-2471
Suite 209, 2099 Lougheed Highway, Shaughnessy Square, Port Coquitlam, BC
Email Evaluation More Info/Map


Courtenay

Terry RogersTerry Rogers: Licensed Insolvency Trustee.

Phone:250-999-0463

Cranbrook

MNP BC BankruptcyMNP Limited, 250-800-2313
100, 122-11th Avenue South, Cranbrook, BC
Email
Evaluation More Info/Map


Duncan

Grant Thornton BC BankruptcyGrant Thornton Limited, 250-800-2336
823 Canada Avenue, Duncan, BC

Email Evaluation More Info/Map


Fort Nelson

MNP BC Bankruptcy

MNP Limited, 250-800-2315
Toll Free: 1-888-389-0158
10611-102nd Street, Fort St. John, BC
Email Evaluation More Info/Map


Fort St John

MNP BC Bankruptcy

MNP Limited, 250-800-2315
Toll Free:1-888-389-0158

10611-102nd Street, Fort St. John, BC
Email Evaluation More Info/Map


Grand Forks

MNP BC Bankruptcy

MNP Limited, 250-800-2317
Toll Free: 1-888-389-0158
#700, 1628 Dickson Avenue, Kelowna, British Columbia

Email Evaluation More Info/Map


Houston

Residents of the Houston, BC area are able to file a bankruptcy or a proposal online or via the telephone: 1-888-224-3394


Kamloops

MNP BC Bankruptcy

MNP Limited, 250-800-2316
Toll Free: 1-888-389-0158
#600, 235 1st Avenue, Kamloops, British Columbia
Email Evaluation More Info/Map


Kelowna

MNP BC Bankruptcy

MNP Limited, 250-800-2317
Toll Free: 1-888-389-0158
#700, 1628 Dickson Avenue, Kelowna, British Columbia

Email Evaluation More Info/Map


Kitimat

Bankruptcy BCDerek L. Chase,
Toll – Free:1-888-387-7904

400 Tenth Avenue, Campbell River, BC

Email Evaluation More Info/Map


Langley

Open Weekdays 7:30am – 8:00pm. Sat. & Sun. 9am – 5pm

Bankruptcy BC

Sands & Associates, 604-229-1938
205 – 20651 56th Avenue, Langley, BC

Email Evaluation More Info/Map


Merritt

Bankruptcy BC

MNP Limited, 250-800-2316
Toll Free: 1-888-389-0158
#600, 235 1st Avenue, Kamloops, British Columbia
Email Evaluation More Info/Map


Nelson

Bankruptcy BC

MNP Limited, 250-800-2317
Toll Free: 1-888-389-0158
#700, 1628 Dickson Avenue, Kelowna, British Columbia

Email Evaluation More Info/Map


New Westminster

Bankruptcy BCJ. Bottom & Associates Ltd., 604-200-5268
#300 – 604 Columbia Street, New Westminster, BC

Email Evaluation More Info/Map


North Vancouver

Bankruptcy BCGreg Best: Licensed Insolvency Trustee. Smythe Debt Advisors
305 – 221 Esplanade West, North Vancouver, BC V7M 3J3

Phone:604-757-0740, Toll-Free:1-888-224-3394

Email Evaluation More Info/Map


Penticton

Bankruptcy BCMNP Limited, 1-888-389-0158
Toll-Free: 1-888-389-0158

445 Ellis Street, Penticton, British Columbia
Email
Evaluation More Info/Map


Port Alberni

Bankruptcy BCGrant Thornton Limited, 250-800-2337
3290 3rd Avenue, Port Alberni, BC

Email Evaluation More Info/Map


Port Alice

Bankruptcy BC

Derek L. Chase,
Toll – Free:1-888-387-7904

400 Tenth Avenue, Campbell River, BC

Email Evaluation More Info/Map


Port Moody

Bankruptcy BCMNP Limited, 604-229-2480
205 Newport Drive, Suite 610, Port Moody, BC
Email Evaluation More Info/Map


Powell River

Bankruptcy BC

Derek L. Chase,
Toll – Free:1-888-387-7904

4476A Marine Avenue, Powell River, BC

Email Evaluation More Info/Map


Prince George

Bankruptcy BCMNP Limited, 855-200-3006
400 – 550 Victoria Street, Prince George, British Columbia
Email
Evaluation More Info/Map


Prince Rupert

Bankruptcy BC

Derek L. Chase,
Toll – Free:1-888-387-7904

400 Tenth Avenue, Campbell River, BC

Email Evaluation More Info/Map


Queen Charlotte Islands

Bankruptcy BCCrowe MacKay & Company Ltd., 1-866-385-5431
#1100, 1177 West Hastings Street, Vancouver, BC
Email  Evaluation  More Info/Map


Quesnel

Bankruptcy BCMNP Limited, 855-200-3006
400 Victoria Street, Prince George, British Columbia
Email
Evaluation More Info/Map


Richmond

Bankruptcy BC

Sands & Associates, 604-227-0584
#926 – 6081 No. 3 Road, Richmond BC

Email Evaluation More Info/Map


Salmon Arm

Bankruptcy BC

MNP Limited,
Toll Free: 1-888-363-6873

100 – 2903 35th Avenue, Vernon, BC
Email Evaluation More Info/Map


Squamish

Bankruptcy BCGreg Best: Licensed Insolvency Trustee. Smythe Debt Advisors
305 – 221 Esplanade West, North Vancouver, BC V7M 3J3

Phone:604-757-0740, Toll-Free:1-888-224-3394

Email Evaluation More Info/Map


Surrey

Bankruptcy BCShelley Koehli, Licensed Insolvency Trustee.

Smythe Debt Advisors
305 – 221 Esplanade West
North Vancouver, BC V7M 3J3

Phone:604-757-0740, Toll-Free:1-888-224-3394

Email Evaluation More Info/Map


Terrace

Bankruptcy BC

Derek L. Chase,
Toll – Free:1-888-387-7904

400 Tenth Avenue, Campbell River, BC

Email Evaluation More Info/Map


Vancouver

Bankruptcy BCSmythe Debt Advisors, 604-757-0740
Toll-Free:
1-888-224-3394
700 – 355 Burrard Street, Vancouver, BC. V6C 2G8
Email Evaluation More Info/Map

 


Vancouver South

(Weekdays 8am – 8:00pm. Sat. 9am – 3pm)

Bankruptcy BCMNP Limited, 604-757-0583
Toll Free:
1-888-389-0145
#h00 – 1200 West 73rd Avenue (In Airport Square), Vancouver BC
Email Evaluation More Info/Map


Vernon

Bankruptcy BC

MNP Limited,
Toll Free: 1-888-363-6873

100 – 2903 35th Avenue, Vernon, BC
Email Evaluation More Info/Map


Victoria

Bankruptcy BCTarryn Gray: Debt Counsellor.

Smythe Debt Advisors

209 – 1497 Admirals Road Victoria, BC V9A 2P8

Phone: 250-999-2781

Email Evaluation More Info/Map


West Vancouver

Bankruptcy BCGreg Best: Licensed Insolvency Trustee. Smythe Debt Advisors
305 – 221 Esplanade West, North Vancouver, BC V7M 3J3

Phone:604-757-0740, Toll-Free:1-888-224-3394

Email Evaluation More Info/Map


Whistler

Bankruptcy BCGreg Best: Licensed Insolvency Trustee. Smythe Debt Advisors
305 – 221 Esplanade West, North Vancouver, BC V7M 3J3

Phone:604-757-0740, Toll-Free:1-888-224-3394

Email Evaluation More Info/Map


White Rock

Bankruptcy BCSands & Associates,604-210-3561
15388 24 Ave, Suite 202, South Surrey, British Columbia

Email Evaluation More Info/Map


Williams Lake

Bankruptcy BCMNP Limited,
Toll-Free:
1-888-389-0158
207 – 366 Yorston Ave., Williams Lake, BC
Email
Evaluation More Info/Map

Trouble With Debt? Looking for Help?

Our Bankruptcy BC Licensed Insolvency Trustees Can Help You! Call one of our Local Trustee Offices for a Free and Confidential Consultation.

Stay of Proceedings

How bankruptcy BC works.

What it costs.  |   What you keep.  |   How you are protected when dealing with a trustee.

 

How Bankruptcy WorksThe Bankruptcy BC  laws were written to allow a person, who has fallen into extreme debt, a chance for a fresh start.

To assist in that fresh start and help maintain dignity certain assets are retained by a person filing bankruptcy or a consumer proposal.

One of the most powerful aspects of filing bankruptcy or a consumer proposal is the Stay of Proceedings. The Stay of Proceedings goes into effect immediately upon the filing and does the following:

  • Prevents unsecured creditors from taking collection action
  • Stops collection calls
  • Stops interest from accruing
  • Stops wage garnishees that are contemplated or already in place.

Why you can set your mind at ease when dealing with a Licensed Insolvency Trustee.

Trustees are regulated by the Government.

1. The cost of bankruptcies and consumer proposals are regulated by the Government.

2. Fees are the same no matter which trustee in Canada you use.

3. If there is a dispute mediation is available.

Trustees are the best trained and educated debt professionals.

1. Most have a university education and are CPAs.

2. Must pass a rigorous three year bankruptcy law course.

3. Are investigated by the RCMP before being granted a Trustee License.

4. Ongoing education is mandatory.

Other qualifications of Trustees.

1. Trustees are officers of the court.

2. Trustees do not work for the debtor or the creditors but have obligations to both.

3. Trustees are subject to strict codes of ethics set by the government and the CPAs.

4. Trustees are the only debt professionals who can prevent creditors, including CRA, from taking collection action against you.

5. Trustees are the only debt professionals who can stop wage garnishees.

The Cost of a Bankruptcy.

In the vast majority of cases the cost of a bankruptcy is $1,800.00 and can be paid at the rate of $200 a month for nine months. You can use our Bankruptcy Calculator to find out the exact cost of your bankruptcy and how long you will be in bankruptcy.

 

Assets you keep

Bankruptcy BC laws allow you to keep up to $31,000 of your personal assets:

  • Equity in a home in Greater Vancouver and Victoria = $12,000. In the rest of the province = $ 9,000;
  • Equity in Household items = $ 4,000;
  • A vehicle exemption is available only if the value of the vehicle does not exceed $5,000; The vehicle exemption drops to $2,000 if the debtor is behind on child care payments (to facilitate the enforcement of Maintenance Orders)
  • Equity in work tools = $ 10,000;
  • Equity in essential clothing and medical aids is unlimited.
  • Exemptions are in effect for all registered retirement savings plans (RRSP’s, RRIF’s and DPSP’s (Deferred Profit Sharing Plans). Contributions made in the 12 months prior to the date of bankruptcy will be recovered (clawed back) for the benefit of the bankruptcy estate.

Most individuals who go bankrupt or make a consumer proposal are hard working and honest people who have lost a job, gotten divorced, or have fallen ill and only resort to going bankrupt after struggling to repay their bills. Our trustees have helped many people in these situations. There is no need to be embarrassed or ashamed to need assistance with financial matters.