844-ASK-ACCESS / 844-275-2223

844-ASK-ACCESS / 844-275-2223

Bankruptcy Trustee Waterloo
Have you been seeing a bankruptcy trustee in the Waterloo area because you see no way out of your mountain of unsecured debt? Are they telling you that you should file for bankruptcy, consumer proposal, or credit counselling? Well Access Mortgage is here to tell you, THERE IS ANOTHER WAY OUT! These strategies pushed on you by your bankruptcy trustee will damage your credit for up to 7 years, and that is not good when you are trying to get a mortgage. At Access Mortgage, we can put you on a debt relief strategy that is meant to get you out of debt quicker and repair your credit. Read on for more information.

Set up your call with an Access Mortgage professional here.

Debt consolidation and refinancing are just a few of the strategies that we steer our clients toward for debt relief and credit repair. Strategies pushed on you by a bankruptcy trustee will cripple your credit further, and benefit your trustee through commissions. DON’T ALLOW YOURSELF TO BE FOOLED! Here are some other disadvantages of filing for bankruptcy based on advice from your bankruptcy trustee:

⦁ Bankruptcy costs money. You have to make payments based on your income, and may have to pay an administrative charge. The more you make, the more your bankruptcy costs and the longer it lasts.
⦁ Bankruptcy negatively affects your credit rating. Filing for bankruptcy will give you a R9 record on your rating and it will stay there for 6 years after discharge for a first time bankruptcy and longer for a second time bankruptcy.
⦁ You will lose any non-exempt assets. This would include RESP’s and any contributions you made to your RRSP in the past year. If you have a house and it has equity, the equity needs to paid into your bankruptcy. You also lose your tax refund for the year of bankruptcy and any prior year’s refunds that are outstanding. You also lose your HST cheque.
⦁ You have duties to perform in a bankruptcy. You need to perform all of your duties in order to get discharged from your bankruptcy. These duties include reporting your monthly income, making payments, attending credit counselling and providing income tax information. If you do not perform all of your duties you are not discharged and your debts do not go away.

Don’t damage your credit further by filing for bankruptcy, credit counselling, or consumer proposal based on the advice of a bankruptcy trustee. Access Mortgage can get you back on track financially with strategies meant to pay off debts quicker and repair your credit. Continue browsing through our website for more information about debt consolidation and refinancing. Click here to find our contact information and to fill out our contact form.

WHAT PEOPLE ARE SAYING…

  • Matthew and his team are the best mortgage team I have ever worked with. They are extremely hard working and bend over backwards to get the job done no matter how complicated or difficult. If there is a way – they will find it. And it will be in YOUR favor. Matthew goes out of his way to set you on a path of success. This is our second mortgage process we have gone through with Matthew, and we are in a better position now than we were the 1st time – all due to Matthews efforts and guidance. After following his recommendations and guidance over the next year we will use Matthew again for our next mortgage and be in an even better position then. If you need a mortgage done, no matter how complicated, call Matthew. He’ll make it happen.

    C.H. - ST. CATHARINES, ON
  • Matthew and his team are the best mortgage team I have ever worked with. They are extremely hard working and bend over backwards to get the job done no matter how complicated or difficult. If there is a way – they will find it. And it will be in YOUR favor. Matthew goes out of his way to set you on a path of success. This is our second mortgage process we have gone through with Matthew, and we are in a better position now than we were the 1st time – all due to Matthews efforts and guidance. After following his recommendations and guidance over the next year we will use Matthew again for our next mortgage and be in an even better position then. If you need a mortgage done, no matter how complicated, call Matthew. He’ll make it happen.

    M.Z. Brantford, ON
  • Matthew’s knowledge, experience and above and beyond work ethic sets an exemplary standard of professionalism and accountability. His integrity and drive is second to none… He truly is a miracle worker!! I have no hesitation in recommending his services to anyone seeking expert assistance. I’m beyond grateful and blessed!!

    M.D., BINBROOK, ON
  • I can’t say enough how great your company has been. Matthew, thank you so much for making all of this process so easy for us. Our bank would not help us and you were amazing. Your company kept us informed every step of the way, and not once were we made to feel inferior like our bank did. The lawyers you set us up with were also awesome. I will highly recommend your company to anyone looking for mortgages. Thank you so much for getting creditors off or back and setting us on the right track. You guys are all amazing. I’m also so impressed that you came to us do to everything.

    KKP, Hamilton, ON
  • I just want to say ‘thank you’ to all of you, especially Matthew. The financial stress started affecting my health and my life. I could not sleep or focus at work. Now it has given me control on my life by connecting me to a great lender. I have gone from being full of stress to being stress-free.

    M.D, Mississauga, ON
  • We would like to thank Matthew and his team. We put a lot of money down on a Rent to Own property that we were renting, but we could not get anyone to help us out till we found Mathew. He made it happen and closed on time when no one else could. From all of us here THANK YOU! We now own our own house!

    C.T., Hamilton, ON
  • Thank you for all the help that you gave me, most patiently and with deep understanding. I was very comfortable asking you everything and anything. Your team did great job in making me understand the financial side. I have learnt a lot. Thanks to Matthew for taking time to come to my place. He not only did his work, but for a short time, took me back to most nostalgic memories of my life, before I came to Canada. I am also grateful to the lawyer for coming to my place to meet with me, and quickly closing the mortgage and releasing the funds.

    S.S. - Mississauga, ON

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