Q: What are the fees for filing a Consumer Proposal?
A: There are no additional costs to you in addition to your agreed upon Proposal payments. The fees for a Consumer Proposal are legislated in the Bankruptcy & Insolvency Act. The fees are deducted from the payments you make into the Consumer Proposal.
"I came to Hardie & Kelly to find help for a solution to my financial problems; I have found the solution and people who have cared about me as a person. They have worked hard to ensure that my quality of life is back." - says Carole
Q: How much does bankruptcy cost?
A: Trustee fees, filing fees, and counselling fees are regulated by the government. The Trustee is usually paid out of the funds from the liquidation of your assets. If you have no assets available, you must make a monthly payments to pay the Trustee’s fees and disbursements. In the simplest cases, and if you have not been bankrupt before, this amounts to about $1,420 plus counselling costs and GST (roughly $1,800 in total). Hardie & Kelly Inc. offers payment plans that allow you to make payments over a period of time.
"After my wife passed away, I found a place where I could be around people without having to talk to anyone: the local casino. Eventually, I started gambling - within two years I had remortgaged my house three times, and had maxed out my credit." - says Jim
"After my wife passed away, I found a place where I could be around people without ha ..."
"I had financed my hairdressing business for five years with credit cards and persona ..."
"We are both in our 80’s, with debts of $107,000. With my husband's Alzheimer's d ..."
"I lost my job and I lost my home. That's tough when you're a single mom. ..."
"My finances had spiraled out of control with high interest and penalty charges. Ther ..."
"After my car accident, I couldn't work. My debts were mounting, and I didn't know ..."
"At 64, I was looking forward to retirement. But with my wife gone, I couldn't keep ..."
"I had $32,000 in debt, and wasn't earning enough money for the loan payments. What ..."
Control your spending.
Understand the difference between a need and a want.
Ensure that you pay your bill and loan payments in-full and on time.
When the Bank of Canada raises interest rates, the big banks raise their prime lending rate, which results in higher mortgage payments when you renew your mortgage and higher unsecuredRead More
In the last 3 months of 2016, Canadian households increased their debt by $30 billion to $2,028 billion with revolving credit card debt totaling $596 billion of that amount. TheRead More
Consumer insolvencies rose in Alberta in the second quarter of this year by 43 per cent compared to last year, according to statistics released by the Superintendent of Bankruptcy. InRead More
Hardie & Kelly acted as the Court appointed Monitor of the Canadian Superior Energy Inc. (“CSEI”) group of companies. CSEI operated as an oil and …
Personal Insolvency Practice
Hardie & Kelly is a Calgary owned and operated firm offering debt solutions to individuals and businesses in the Calgary and Southern Alberta region. We have some of the most experienced people in Calgary available to offer personal ...
Marc qualified as a Chartered Accountant in 1992 and has practiced exclusively in the insolvency field since that time providing advice and assistance to individuals and businesses experiencing financial difficulties.
Licensed Insolvency Trustee Prior to being admitted as a partner with Hardie & Kelly in January 2012, Kevin was a Vice President in the transaction …
Licensed Insolvency Trustee Ronald earned his designation as a Chartered Accountant in 1976 and has been practicing exclusively in the area of insolvency and restructuring …
Marie is a Chartered Insolvency and Restructuring Professional and Licensed Insolvency Trustee with over 30 years’ experience in the Insolvency field in Calgary.
In 2008, Charla began her career in the insolvency field, supporting troubled companies and individuals looking to turn their financial situation around.
With years of experience as a Certified Insolvency Counsellor
110, 5800 2nd Street SW
Calgary, Alberta T2H 0H2
Phone : 403-777-9999
Fax : 403-640-0591
615, 433 Marlborough Way NE
Calgary, Alberta T2A 5H5
1816 Crowchild Trail NW, One Executive Place Suite 700
Calgary, Alberta T2M 3Y7
Q: What happens to my assets in a Consumer Proposal? Will I lose my house or my car?
A: No. When you file a Consumer Proposal you are able to keep all of your assets.
Text a Trustee: 403-909-9572