Mike Wright & Associates Inc.

The idea of bankruptcy is to provide debtors with a fresh start. This section will assist you in making the most of your new beginning by providing advice on recovering financial control and preserving financial wellness. Are you concerned that creditors, employers, or landlords may treat you unfairly because of your Bankruptcy in Kelowna ? Here's what we recommend. 1-Keep the Paper Work Your bankruptcy attorney will give you a copy of your comprehensive bankruptcy petition and also a copy of the court's discharge order. Keep these documents in case you need them in the future, such as when applying for new credit, such as a mortgage. 2-Check Credit Reports You must carefully check your credit reports on a regular basis and ensure that your records are accurate. It should take 3 months for the report of bankruptcy, Kelowna to be updated, don't be anxious if there are complications at first. 3-Start Budgeting You will be more conscious of your financial condition...

Bankruptcy in Kelowna is often the last resort when it comes to dealing with debts. It just seems like an intimidating process and many people don’t know everything about it. Here are the top questions people ask when it comes to filing bankruptcy in Kelowna : Will I lose my house? What about your home and your car? Will you lose it to creditors when you file for bankruptcy? Generally, you have the option of keeping your car and house. If you can meet the payments and if you already have a lot of equity, you might be able to keep the property. However, some people also just sell the property so they have money to pay off the debts. It’s better to keep them though and do your best to pay them off because after bankruptcy, it can be more difficult to obtain loans. Will my bankruptcy record become public knowledge? Although the records can be accessed since it is a public record, it doesn’t have to be noisy. Everything can be kept quiet. And unless the perso...