Your Partner’s in Business or Personal Bankruptcy in Durham

Bankruptcy or "going bankrupt" is a legal process under the Bankruptcy and Insolvency Act. The bankruptcy process is available to for individuals or businesses that owe money to banks, companies or individuals, but cannot pay the bills or make their financial commitments.

Your business or personal bankruptcy in the GTA and Durham has to be filed though a Licensed Insolvency Trustee. At Yanch Dey & Associates Ltd., our Trustees are licensed by the Office of the Superintendent of Bankruptcy (OSB) to help you file for bankruptcy.

Unsecured Credit in Bankruptcy

Unsecured credit is credit or loans where the debtor, (the person who owes the money) did not secure the debt or loan to an asset. This means the money owed is not secured by a piece of property that is worth something. Unsecured debt can be eliminated in a bankruptcy. You can also include secured debt, like a car loan or a mortgage, but if you want to keep those assets, you must continue to pay the lender under the existing terms of the loan you signed with them.

Although filing for bankruptcy does have advantages, before you consider a bankruptcy we’d like to discuss your situation and help you find the best financial option for you. There are alternatives to bankruptcy and the team at Yanch Dey & Associates Ltd. can discuss your options, like debt counselling and consumer proposal.

Call now to speak with a Licensed Insolvency Trustee to discuss your case.


Yanch Dey & Associates Ltd.

215 Simcoe St N.

Oshawa, ON Canada

L1G 4T1

Oshawa:  905‑721‑7506

Ajax: 905‑427‑6647



Monday - Friday 09:00 AM - 05:00 PM

Saturday & Sunday By Appointment

Evenings by appointment


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