JW Weber & Associates Inc of Calgary is Giving New Beginnings through Bankruptcy and Consumer Proposals

JW Weber & Associates Inc provides licensed insolvency solutions to individuals and businesses.

JW Weber & Associates Inc. is a licensed bankruptcy trustee in Calgary which includes being an insolvency trustee to help Albertans and businesses overcome financial difficulties. The company offers a range of insolvency solutions that can provide relief from debt and help people get their finances back on track.

JW Weber Company Profile

JW Weber & Associates Inc. is a debt relief company that offers bankruptcy and proposal services to individuals in financial distress. The company aims to help individuals get a fresh start by getting out of debt and rebuilding their credit.
The locally owned company offers free consultations to potential clients to assess their financial situation and determine if bankruptcy or a consumer proposal is the best option. The company is headquartered in Alberta, Canada, and has offices in Calgary and Edmonton.

Owners and Key Personnel

J. Wayne Weber is the owner and key personnel of Weber Insolvency. Wayne has been working in the field of personal insolvencies since 2002 and obtained his license as a LIT in 2013.
Wayne enjoys assisting people with financial difficulty by explaining their options to them unbiasedly, non-judgmental, and straightforwardly and providing them with the information from which they can make an informed decision concerning their circumstances.

Industry Analysis

The insolvency industry profession in Canada is regulated by the Office of the Superintendent of Bankruptcy (OSB). The OSB is a federal government agency that oversees the administration of bankruptcies and proposals.
Presently, approximately 1,200 licensed insolvency trustees (LITs) in Canada are authorized to administer bankruptcies and proposals. LITs must meet strict educational and experience requirements before the OSB can license them. They must also adhere to a strict code of ethics and professional conduct.
In 2021, the Office of the Superintendent of Bankruptcy (OSB) received 92,572 insolvencies, representing a 6.7% drop from 2020 and the lowest number of bankruptcies since 1995. This decrease marks the continuation of the decline in insolvencies since the COVID-19 pandemic began.
Consumer insolvencies decreased from 137,178 filings in 2019 to 96,458 in 2020 and 90,092 in 2021. The share of proposals among consumer insolvency filings grew by 3.6%, from 65.9% in 2020 to 69.5% in 2021. Business insolvencies decreased from 3,680 filings in 2019 to 2,786 filings in 2020 and 2,480 in 2021.
Alberta also experienced the largest increase in the volume of consumer insolvencies — Alberta had 867 more filings (6.6%).

Skills to be Successful as a Bankruptcy Trustee

The Chartered Insolvency and Restructuring Professional (CIRP) Qualification Program (CQP) identifies pervasive qualities and skills and specific competencies required of individuals working in the insolvency and restructuring field, which include;
Effective judgment and strategic thinking
Business ethics and professional skills
Ability to communicate orally

Services Offered as a Bankruptcy Trustee in Calgary

JW Weber & Associates, Inc. offers various services to meet their clients’ needs. These services include:

Bankruptcy

As a Bankruptcy Trustee in Calgary, it is important to educate potential bankrupts that, bankruptcy is a legal process that can be used as a last resort when dealing with financial troubles. The amount paid in a bankruptcy depends on the value of assets and income.
JW Weber & Associates offers a no-cost initial consultation to individuals considering bankruptcy. During the consultation, they will assess your financial situation and determine if bankruptcy is your best option.

Consumer Proposal

A consumer proposal is an offer to unsecured creditors to settle debts for less than the total amount owed. A consumer proposal can be paid in part or full early, with no penalties. Once accepted, this option is binding on most unsecured creditors by dollar value.
JW Weber & Associates can help you file a consumer proposal. They will work with you to develop a proposal acceptable to your creditors and meets your financial needs.

Personal Financial Counseling Services

Personal financial counselling services are required for those filing for bankruptcy or a consumer proposal in Canada. The sessions cover topics such as credit, budgeting, and goal setting.
JW Weber & Associates offers these services to their clients. They have a team of financial counsellors that will work with you one-on-one to develop a budget, set financial goals, and provide credit education.

Customer Testimonials

A solid Google Star Rating of 5 (out of five) is proof that correcting the debt and helping Albertan (and Canadian) folks navigate tough bankruptcy terrains remains at the core of JW Weber & Associates Inc.’s mission.

“JW Weber was amazing!!! They indeed came to my need and helped me out. They didn’t make me feel like a failure at all. The program was great, and Wanye was super!!!
Very friendly and answered all my questions.
I would recommend them to you and all your family members…😊”
Chelsey James

“I have had the great pleasure of working through some difficult times with the help of Wayne Weber. It’s rare in today’s society to be able to trust anyone, and I will assure you Wayne will put your worries at ease with his ability to handle the potential problem you may have.”
Casey Sorensen

I worked with Wayne over the last year – what a breath of fresh air. He was practical and fair. He made the process painless. I couldn’t get through it without him.
– Andrea Mastromonaco

Wrap Up

JW Weber & Associates Inc. can help anyone struggling with debt. They offer various services, including personal bankruptcy, corporate bankruptcy, consumer proposals, and debt consolidation. They also have a team of experienced professionals dedicated to helping clients find the best solution for their financial situation.