Tag Archives: Bankruptcy Trustees


Sands & Associates Featured Office: Abbotsford

Located at Clearbrook Road and South Fraser Way, our Abbotsford office is here to help Fraser Valley residents manage their debts and gain financial freedom.

Trustees Geoff Orrell and Raj Hara are members of the Canadian Association of Insolvency and Restructuring Professionals with broad professional experience.  In addition, insolvency estate managers Terry Sharp and Karen Wright are qualified to provide debt relief options, including consumer proposals to those experiencing financial difficulties.

Terry has over 10 years of insolvency experience and 25 years experience with a major Canadian bank.  She administers consumer proposals to creditors, as well as personal bankruptcies in Sands & Associates’ Abbotsford and Chilliwack offices.

Terry’s Top Trustee Tip:  “Be aware of where you’re spending.  Even small purchases add up – $5 a day for a coffee and a muffin is $18,250 in 10 years…quite a fair down-payment for your condo!”

Contact us to arrange a free, confidential evaluation of your debt solution options in our Abbotsford office.

CTV News

Debt Settlement Companies Still Operating in BC: Lynda Steele Reports

CTV’s Lynda Steele aims scrutiny at the BC government and their long-standing, yet still unfulfilled, promise to regulate the debt settlement industry today.  With high upfront-fees, no licensing and a distinct lack of regulation, many BC residents continue to spend money on fees to debt settlement companies and are often left with their debt problems aggravated, rather than relieved.

Sands & Associates Vice-president Blair Mantin spoke with Lynda Steele about the pitfalls of unlicensed debt settlement and how consumers wind up  being taken advantage of.  One BC consumer shared her own experience with the debt settlement industry and later went on to use a debt option known as a Consumer Proposal to manage her debts, after losing thousands through debt settlement.  A Consumer Proposal is a payment plan where an individual agrees to pay back a portion of their debt over time, with no further interest charges and a halt to all collection activities.  Debt reductions of 70 to 80 percent in a proposal are not uncommon, as was outlined in today’s story.

To read the full article please click here.

To learn more about consumer proposals please click here.

For a free, confidential consultation with a government-licensed trustee in one of our 11 lower mainland offices, please contact us.


Statute of Limitations and Debts in BC

Blair Mantin, Vice-president of BC’s Sands & Associates, and Scott Marshall of Maritimes-based Allan Marshall & Associates recently spoke with CreditCards.com to help shed light on some of the ins and outs surrounding limitation periods of debt across Canada.

Did you know that the statute of limitations for debts in BC is only 2 years? Read on for other insights and information about how this limitation period could affect you and your debts.

To read the full article please click here.

As the article suggests, anyone considering the statute of limitations as a course of action against their debts, or those seeking alternative solutions should contact a licensed trustee to review all of their options at no cost or obligation.

To meet with us in one of our 11 lower mainland offices, please contact us for a free, confidential consultation.


The Do’s and Don’ts of Debt

Financial expert and Agenomics founder Lee Anne Davies’ recently released book When Life Bites You in the Wallet, (co-authored by Sands & Associates bankruptcy trustee and proposal administrator Blair Mantin), aims to change the way we as consumers think about credit…and how to get in control of it.

Lee Anne shared some Do’s and Don’ts of Debt with BrighterLife.ca that are practical and applicable to real-life situations: from not co-signing loans, to giving yourself financial flexibility (read: it’s not about being anti-debt), to saving for retirement while paying off credit.  Click here to read the full article.

For more information on how a trustee can help you achieve a fresh financial start, please contact us for a free, confidential assessment in one of our eleven lower mainland locations.


A Mid-Year Financial Check-Up

Click the above infographic to enlarge.

Click the above infographic to enlarge.

We’re about halfway through the calendar year now and it’s a great time to check in on your financial affairs!

To arrange a free and confidential consultation to discuss your debt resolution options in one of our eleven lower mainland offices, please contact us.


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For more information on Sands & Associates and how we can assist you, please contact us to arrange a free, confidential consultation.