Alberta Bankruptcy.

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How bankruptcy works.

AB Bankruptcy Information;
Alberta Licensed Insolvency Trustees.

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Welcome to our website! We have written this website using plain straightforward English, to provide you the information needed to get a fresh financial start. If you have any questions, ask them here, and we'll get back to you within one business day. - Earl Sands, Licensed Insolvency Trustee.

We have Alberta Licensed Insolvency Trustees serving the following areas:

Airdrie,   Brooks,   Calgary,   Camrose,   Cold Lake,   Drumheller,   Edmonton,   Fort McMurray,   Grande Prairie,   High River,   Hinton,   Leduc,   Lethbridge  , Medicine Hat,   Okotoks,   Olds,   Peace River,   Red Deer,   Sherwood Park,   Stettler,   St. Albert,   St. Paul  , Taber,   Wetaskiwin,   Whitecourt.


Contact these local trustees to schedule a no risk evaluation by phone or to arrange a No Cost, Confidential consultation with the trustee.

Struggling With Bills? Could You Use Help?

Local AB Trustees Ready to Assist!
Call One of our Local Trustees to Arrange Your Own Personalized Insolvency Evaluation

Stay of Proceedings

How Bankruptcy Works.

What it costs.  |   What you keep.  |  Debts that are not erased.  |  

How bankruptcy works.

Struggling with bills and unpaid debt can be one of the hardest challenges a person can face. Fortunately, the insolvency laws, set by the Federal Government, give those unfortunate debtors who are hopelessly stuck in a cycle of debt a chance to start fresh with their past debts wiped out!

Our local insolvency trustees will be happy to meet with you during a confidential and no obligation consultation meeting to discuss your finances and help you make a plan for getting out of debt.

Filing an Alberta bankruptcy or a consumer proposal will stop all collection actions by your unsecured creditors:

Cost of a bankruptcy.

In the vast majority of cases the cost of a bankruptcy is $1,800.00, which can be paid over nine months at the rate of $200.00 a month.

The fees our trustees charge for a bankruptcy or consumer proposal are regulated by the government so all trustees charge the same fee. You can view this page to find out how the bankruptcy payments are set by the office of the Superintendent of Bankruptcy and how long the bankruptcy will last.

AB flag If you decide to go bankrupt or make a consumer proposal the law allows you to keep certain property as listed here:

This information is provided by a local trustee in bankruptcy. However, this is general information only. For a complete evaluation of your financial situation Please contact one of our local trustees for a free and 100% confidential evaluation review meeting. Your trustee will patiently go over your debts, income and assets with you to explain all of your options.

Individuals that file for bankruptcy or a consumer proposal in Alberta are generally hardworking, honest people who fell into debt at an early age or because of some major life event such as a serious injury or illness, getting divorced or the loss of a job.

Alberta's bankruptcy laws were designed to give a hardworking but unfortunate debtor a chance to obtain a discharge from their debt while also treating creditors fairly.



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Local Offices:





Cold Lake



Fort McMurray

Grande Prairie

High River




Medicine Hat



Peace River

Red Deer

Sherwood Park


St. Albert

St. Paul




Other Links:

BC Trustees

Vancouver Trustees

New Brunswick Trustees

Nova Scotia Trustees

Manitoba Trustees

US Bankruptcy