FAQs

Will I be able to get another student loan?

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Personal Bankruptcy

The experienced professionals at Boale, Wood & Company Ltd. understand the stress that financial difficulty can cause.  We know that realizing that you are experiencing financial problems is a hard thing to do for most people and sometimes you feel helpless.  But instead of feeling helpless, let us help you gain control of your debts and understand your options.

Start by scheduling a meeting with us to discuss the solution best suited to your situation.  This meeting is free and there is no pressure or obligation for you to make a decision right away.  We have the expertise to find the solution best suited to you.

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Consumer Proposal

In order to qualify for a consumer proposal you must owe less than $75,000 not counting mortgages registered against your principal residence.

Bankruptcy Vancouver

Alternatives to Bankruptcy

Contact Your Creditors

Explain to your creditors how your circumstances have changed and explain why you cannot make your agreed upon payments. Suggest an arrangement that could work for both of you. Creditors are generally prepared to work with you.Continue reading

Personal Solutions

There are Alternatives to Bankruptcy. It takes courage to admit you need help, now make sure you get the help you need. Read More.

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Will I be able to get another student loan?

Yes, Canada Student Loans now allows students who have been bankrupt or who are bankrupt to obatin additional loans for their education.  For more information on this topic, go to the links section and click on Canada Student Loans.

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Flexcan Packaging Inc.

On March 22, 2005, Boale, Wood & Company Ltd. was appointed Trustee in Bankruptcy of Flexcan Packaging Inc. The assets will be sold by auction Flexcan premises located at 7388 Hume Avenue, Delta, BC. The auction will be conducted by Maynards Auctioneers (604) 876-6787. Please contact them for additional information. A listing of the equipment is available to download.

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SMS Industries Limited

Boale, Wood & Company Ltd. was appointed Trustee of the Estate of SMS Industries Limited (SMS) on May 11, 2005. The assets will be sold by auction on June 28, 2005 at the SMS premises located at 6 – 17 West 17th Avenue, Vancouver, BC. The auction will be conducted by TimeLine Sales. Please contact them at (604) 430-1071 or http://www.timelinesales.com for additional information. A listing of the equipment is available on the Timeline sales website.

AOG Air Support Inc. – in Receivership

Boale, Wood & Company Ltd. was appointed Receiver of AOG Air Support Inc. on May 5, 2006. We are offering the assets of AOG for sale. Please contact us should you wish to receive additional informational or clarifciation of any items in the Information memorandum.

Bankruptcy Trustee

Bankers Dispatch Company Ltd. – in Bankruptcy

Bankers Dispatch Company Ltd. filed an assignment in bankruptcy on February 17, 2007. Below is a copy of the Notice of First Meeting of Creditors. For further information, please contact David Wood at Boale Wood