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Published on YouTube: DO I HAVE TO LOSE MY CAR IF I FILE FOR BANKRUPTCY IN CANADA? (THE TRUTH)

DO I HAVE TO LOSE MY CAR IF I FILE FOR BANKRUPTCY IN CANADA? (THE TRUTH)
DO I HAVE TO LOSE MY CAR IF I FILE FOR BANKRUPTCY IN CANADA? (THE TRUTH) Are you worried about losing your vehicle because of overwhelming debt? In this video, Brandon Smith from Ira Smith Trustee & Receiver Inc. breaks down the Canadian bankruptcy laws regarding your car, truck, or SUV. Many Canadians believe that filing for bankruptcy means losing everything, but the "Bankruptcy and Insolvency Act" and provincial laws (like the Execution Act in Ontario) are actually designed to help you keep essential assets. In this video, you will learn: ✅ The $7,117 Ontario vehicle exemption rule. ✅ What happens to financed or leased vehicles during bankruptcy. ✅ How to "buy back" equity in your car so you don't have to surrender it. ✅ Why a Consumer Proposal might be the better option for keeping high-value vehicles. At Ira Smith Trustee & Receiver Inc., we believe in "Starting Over, Starting Now." Our goal is to eliminate your financial stress while protecting the things you need to live your life. Timestamps: 00:00 Introduction: Shattering the Bankruptcy Fear 00:10 Will they take my car if I file for bankruptcy? 00:25 Keeping a financed or leased vehicle 00:40 Provincial equity exemptions explained 00:51 The Buyback Option: Keeping a car that exceeds the limit 01:06 Consumer Proposal: The alternative for protecting all assets 01:17 About Ira Smith Trustee & Receiver Inc. 01:30 Claim your fresh start STAY CONNECTED: 📍 Visit us: 167 Applewood Crescent #6, Concord, ON L4K 4K7 📞 Call for a No-Cost Consultation: (647) 799-3312 🌐 Website: https://ift.tt/eRt8O5M Starting Over, Starting Now. #BankruptcyCanada #DebtRelief #ConsumerProposal #IraSmithTrustee #BrandonSmith #OntarioDebtHelp #KeepYourCar #KeepYourCar #StartingOverStartingNow
via YouTube https://www.youtube.com/watch?v=HgKsjScrbhI
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