Sands & Associates is proud to be recognized as best in class. 2016 marks the fifth year in a row that we have received the Consumer Choice Award (CCA) for business excellence. We could not be more thrilled or humbled by this recognition. As British Columbia’s largest personal and small business insolvency services firm, our greatest sense of reward comes from helping individuals and business owners overcome their debts and achieve debt-free futures. This award symbolizes our commitment to our clients.

Unlike other business-related accolades, CCA distinction cannot be bought – it must be honestly earned through dedication, hard work and superior customer service. Why is this important to note? Because if you are looking for assistance, seeking advice from qualified, licensed professionals who you can trust is the critical first step.

The CCA determines recipients through a comprehensive four step process:

  1. Companies are selected by CCA or nominated for consideration by outside parties. CCA then determines categories that matter to consumers and are applicable across all industries (e.g., How often do people use this service?”).
  2. CCA employs a systematic methodology whereby it compiles key qualitative and quantitative data about the organization it is evaluating, in relation to the categories determined in Step 1. Market surveys, industry records, and industry directories are a few of the many sources used.
  3. This phase of the process involves gathering and analyzing all online information about the business, including customer reviews and satisfaction data. Social media websites, like Facebook, and review-focused websites, like YELP and Trip Advisor, are scraped to glean insight into real customer sentiment and customer experience.
  4. The final step is the culmination of the previous three steps, plus two key resources: SSI New Market Research Survey and Consumer Choice Award Marketing Pulse Surveys. These resources allow CCA to confidently rank the nominated businesses and conclude whether they are worthy to be the top ranked company in their industry and location.

Managing a challenging financial situation can feel overwhelming, confusing, and even hopeless. You need not add to your stress by feeling uncertain about who to turn to for resolving your debts. Choose the organization that has been consistently recognized as Vancouver consumers’ choice.

Contact Sands & Associates now to set up your free, confidential, one-on-one consultation.

Are creditors harassing you? Are the endless phone calls and collection letters causing you stress? Are you living on your credit cards? Are you unable to maintain your minimum payments? Are you being pursued for government debt? If you answered "yes" to any of these questions, you are not alone. In the twelve-month period ending July 2016, more than 66,000 Canadians were in the same financial position and found relief by seeing a Licensed Insolvency Trustee and filing personal bankruptcy. Another 57,000 Canadians settled their debt management problems by filing a consumer proposal.

If you are not a resident of British Columbia, more information is available about bankruptcy in Canada.

No matter what the cause of your financial difficulties, the Bankruptcy and Insolvency Act does not restrict a person from filing personal bankruptcy or making a consumer proposal. For example, you could be in financial trouble due to the loss of employment, a divorce, a leaky condo, medical problems, gambling, substance abuse, or poor money management. Regardless of the reason, filing personal bankruptcy or making a consumer proposal to your creditors is based upon your unique individual circumstances and is ultimately your personal decision. In BC, both of these remedies can only be filed by utilizing the services of Licensed Insolvency Trustees. At Sands & Associates, our Licensed Insolvency Trustees understand that most people file into bankruptcy or make a consumer proposal to creditors because of unfortunate circumstances, and we will guide you through this difficult time. 

Personal bankruptcy or a consumer proposal to creditors can provide shelter from the financial storm. Each will stop virtually all legal proceedings, garnishees, and phone calls from your creditors. These legal remedies provide a fresh start by pardoning your debts including credit card debts, lines of credit, legal bills, utility bills, medical bills, automobile insurance, judgments, government debts, etc. A Licensed Insolvency Trustee can help you understand the relative merits of each of these debt management options within BC. 

At Sands & Associates, we make filing personal bankruptcy or making a consumer proposal to creditors simple. We will arrange for a free initial consultation with one of our knowledgeable staff to discuss your financial status, and help you to determine whether bankruptcy or a proposal to creditors is the right choice for you.

Should you choose to file personal bankruptcy or make a consumer proposal to your creditors, we will process the necessary paperwork, arrange for possible meetings with creditors, provide two credit counselling sessions at our convenient offices located in Vancouver, Burnaby, New Westminster, Richmond, Surrey, Langley, Coquitlam, Maple Ridge, White Rock, Abbotsford, Chilliwack, Victoria, Nanaimo, Kamloops and Kelowna. 

After you have filed personal bankruptcy or a consumer proposal, you are required to perform your duties as outlined in the Bankruptcy and Insolvency Act. Some of the duties in a personal bankruptcy include keeping the Licensed Insolvency Trustee informed of your current address, declaring your monthly income and expenses for a minimum of nine months, attending two credit counselling sessions, and paying the Licensed Insolvency Trustee an amount that is dependent upon your income and the assets that you own. 

If this is your first personal bankruptcy, the earliest that you will be eligible for your discharge is nine months after your date of filing. A discharge from bankruptcy means that your debts will be eliminated and your creditors can no longer pursue you for the outstanding amount owed. It provides peace of mind and a chance for a fresh financial start. 

If you choose to make a consumer proposal to your creditors and if the creditors and the court accept it, the contract is binding between you and the creditors. A certificate of completion, which discharges your indebtedness, will be given as long as you meet the terms of the contract and remit the appropriate funds or assets to the Licensed Insolvency Trustee.