Licensed Insolvency Trustee Surrey
Compassionate Guidance for Individuals and Businesses Seeking Financial Relief
Trusted Debt Solutions from Licensed Insolvency Trustees – Proudly Serving Surrey & Surrounding Areas
Located in the heart of Surrey, Crowe MacKay & Company professionals provide tailored debt relief services to personal and corporate clients. Our mission is to help you become debt-free through clear, compassionate, stress-free and legally sound solutions.
Whether you’re managing overwhelming personal debt or facing corporate financial challenges, our licensed insolvency trustees (LITs) in Surrey are here to support you every step.
What Does a Licensed Insolvency Trustee in Surrey Do?
A Licensed Insolvency Trustee (LIT) is a government-regulated professional authorized by the Office of the Superintendent of Bankruptcy (OSB) to provide debt relief services. This includes assisting with bankruptcy filings, consumer proposals, and credit counselling.
At Crowe MacKay & Company, our Surrey-based insolvency trustees serve clients with professionalism, empathy, and deep legal expertise. Whether you’re an individual or a business, our job is to explain your options clearly and guide you through the right solution with fairness and care.
If you’re looking for knowledgeable, approachable debt professionals in Surrey, our LITs are the perfect choice.
Corporate Services
Personal Services
Why Clients in Surrey Choose Crowe MacKay
Decades of Experience
We’ve helped hundreds of clients resolve their debt situations professionally and carefully.
Proudly Serving Surrey and the Lower Mainland
Our Surrey office serves nearby communities, including:
- Surrey
- White Rock
- Delta
- Langley
- Cloverdale
- South Surrey
- Fleetwood
- Newton
- Guildford
- Fraser Heights
FAQs About Bankruptcy and Insolvency in Surrey
What's the difference between a consumer proposal and bankruptcy?
A consumer proposal allows you to settle your unsecured debts for less than you owe by making affordable monthly payments without losing your assets. In contrast, bankruptcy is a more formal process involving surrendering certain non-exempt assets but providing a clean financial start. Both are legally binding and administered by a Licensed Insolvency Trustee.
How is insolvency different from bankruptcy?
Insolvency is a financial state — it means you can no longer pay your debts on time or your total debts exceed your assets.
Bankruptcy is a legal process you may enter due to being insolvent. It’s designed to relieve overwhelming debt under Canada’s federal laws. At Crowe MacKay in Surrey, our LITs can help assess whether you are insolvent and advise you on the next best steps.
What happens when I declare bankruptcy in Surrey?
When you file for bankruptcy in Surrey, all collection activities stop immediately. This includes wage garnishments, collection calls, and legal actions. Your bankruptcy expert will file the required documents, explain which assets (if any) are exempt, and help you understand your responsibilities, including counselling sessions and possible surplus income payments. After 9 to 21 months, your debts are discharged, and you can begin to rebuild your financial life.
How do I start the bankruptcy process in Surrey?
It starts with a free, private consultation. One of our trustees in Surrey will assess your situation and explain all options, not just bankruptcy. If bankruptcy is appropriate, we’ll complete all paperwork and file it with the federal regulator. From then on, we’ll be your advocate and guide throughout the process, right through to discharge.
When should I contact a Licensed Insolvency Trustee in Surrey?
If you’re borrowing to make ends meet, missing payments, or feeling trapped in a cycle of debt, it’s time to speak with a LIT. The earlier you act, the more options you have. At Crowe MacKay & Company in Surrey, our trustees will listen without judgment, explain your rights and options, and work with you to create a plan to get you to become debt-free. There is no cost for the first meeting — just an opportunity to regain control of your financial situation.
Is bankruptcy the only debt solution?
No. While bankruptcy is one option, many people in Surrey choose a consumer proposal, which allows you to pay a portion of your debt while keeping your home, car, and other assets. Others may benefit from informal debt settlements, consolidation, or budgeting support. Our job is to guide you through all the options — and help you find the one that best fits your needs and goals.
Reclaim Your Financial Future Today
If you’d like to connect with one of our Licensed Insolvency Trustees in Surrey, call (604) 591 6181, email [email protected], or fill in the form below.
Book a Free Consultation
Our licensed experts are here to answer all your questions about bankruptcy and consumer proposals. Whether you're an individual or a business, we’ll help you understand your options and guide you through every step of the process with care and confidence.