Facts & Information Page:
R & West Associates Inc. - Canada

Canadian Money Advisor Rank

Product Names

Product Name


Proposals to Creditors

Credit Counseling and Debt Pooling

Consolidation Loan

COMPANY CONTACT INFORMATION:

R & West Associates Inc.
#202 7134 King George Blvd
Surrey , BC V3W 5A3
Website:http://www.rwest.ca/

Customer Service Phone: 604-591-7634
Customer Service Fax:604-591-9168
Contact's Phone:(604) 591-7634
COMPANY INFORMATION AND BIOGRAPHY:

R. West & Associates Inc. was incorporated in 1993. The company initially aimed on offering insolvency services to individuals and small to medium-sized businesses mainly in the community neighboring their office in Surrey. Nevertheless, since there is a rise in the demand coming from the other side of the Fraser River and referrals that came from different professionals, they then created a second office in Burnaby in 1998.

R. West & Associates Inc. take pride as they provide insolvency suggestion that will be considering the needs and problems of the debtor as they address the concerns of creditors. They identify that nearly all people do not want to reach bankruptcy. Thus, they have explored different options to bankruptcy and, when needed, help with the proposals for the creditors. They handle mostly individual debtors having unsecured debts that would range from $10,000 to a few million.

Nearly all of their participation in corporate insolvencies is aimed on small to medium-sized businesses. Yet, they have been concerned in corporate restructurings with unsecured debts more than a million dollars.

If your only choice is bankruptcy, they ensure that prior to your bankruptcy, you are completely knowledgeable of the course of action and the duties placed on you, under the Bankruptcy and Insolvency Act. Being aware of what to anticipate can significantly decrease the burden related to becoming bankrupt. If they think you require an independent legal advice, they will pass you on an experienced professional.

Product Name Product Description
Proposals to Creditors Debt pooling lets you pool every debt you have and put together a monthly payment to lessen the total amount of your debt along with the small interest charge. Debt pooling is comparable to a consolidation loan in which you are aware that you will be paying once a month. The advantage is that the interest rate generally reduced, you are not providing any additional collateral, and no co-signor or guarantor is lowered. A debt pooling repayment plan must normally only be well thought-out if the total responsibility can be paid off in a logical time period more often than not under five years.

To be successful in your debt pooling, it is generally required to acquire credit counseling and get rid of using of credit cards in the future. If you want to pool your debts and pay off your debt in this way, your credit rating will be changed and will place your choice and actions on the report.
Credit Counseling and Debt Pooling Debt pooling lets you pool every debt you have and put together a monthly payment to lessen the total amount of your debt along with the small interest charge. Debt pooling is comparable to a consolidation loan in which you are aware that you will be paying once a month. The advantage is that the interest rate generally reduced, you are not providing any additional collateral, and no co-signor or guarantor is lowered. A debt pooling repayment plan must normally only be well thought-out if the total responsibility can be paid off in a logical time period more often than not under five years.

To be successful in your debt pooling, it is generally required to acquire credit counseling and get rid of using of credit cards in the future. If you want to pool your debts and pay off your debt in this way, your credit rating will be changed and will place your choice and actions on the report.
Consolidation Loan The first step in managing a debt crisis is to find out your capability to pay off your unsecured debts. It is significant to take this step prior in exploring the different alternatives in handling your debt. The course of action in evaluating your monthly income and expenses will give you essential information that will determine which options are possible.

If you have the capability to pay off your debts, you must document and add together each of your unsecured debts on the List of Creditors. After that, divide your total amount of debt by the amount you think you are able to pay. The outcome figure will be the number of months that is allowed for you to settle your debts completely not including the interest. If the resulting figure is too long, you will then need a free initial consultation to evaluate the alternatives which can be either a proposal to your creditors or a bankruptcy.