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Calgary South (SW) – Macleod Trail
| Address: 5940 Macleod Trail, SW, Suite 500, Calgary, Alberta T2H 2G4 |
| Office Hours By Appointment Only 1-403-222-0535 1-888-371-8900 |
| Phones are answered 9am-9pm (Monday – Saturday) Phone and virtual appointments are available 9am – 8pm (Monday – Saturday) In-Person appointments are available only by scheduled appt. 9am – 4pm (Monday – Friday) Sunday: Closed |
Accessibility: Wheelchair accessible |
| Landmarks: Starbucks is next to the building. The Chinook Mall is across the street. |
Meet One of Our Calgary Licensed Insolvency Trustees – Jennifer Schofield
When you’re dealing with financial stress, even the idea of asking for help can feel overwhelming. You might be unsure where to start, or worried about being judged for your situation. That’s exactly why working with someone who understands — both professionally and personally — can make such a meaningful difference.
Jennifer Schofield is one of our Licensed Insolvency Trustees in Calgary, and her path into this role was built on years of experience as a financial counsellor. During that time, she worked closely with individuals and families facing difficult financial challenges. She saw firsthand how isolating debt can feel, especially when you’re trying to manage everything on your own without clear guidance.
Today, Jennifer brings that same empathy and real-world understanding into every client conversation. She knows that behind every set of numbers is a person trying to move forward — and that perspective shapes how she approaches her work.
Talking about money isn’t always easy. For many people, debt is tied to feelings of stress, embarrassment, or even fear. You might wonder: How did I get here? What will people think? Is there even a way out?
Jennifer works to remove that pressure from the very beginning.
Her approach is centered on creating a space where you can speak openly about your financial situation. without judgment and without feeling rushed. Instead of focusing on what went wrong, she focuses on what can be done next.
Imagine sitting down and finally being able to explain everything — your debts, your monthly payments, the stress you’ve been carrying and having someone respond with clarity instead of criticism. That’s the kind of experience Jennifer aims to provide.
It was very helpful, my questions were answered, I have no more doubts and I can make a good decision now. Highly recommend these services!
~ Calgary Review from Rogelio A.
She takes the time to walk you through your situation step by step, helping you understand not just what your options are, but how each one works and what it could look like in your day-to-day life.
Outside of her professional role, Jennifer enjoys travelling and meeting new people. That natural curiosity and openness carry into her client relationships, making it easier to build trust and connection. something that’s especially important when discussing sensitive financial matters.
How Do You Know If Bankruptcy Is The Best Choice For You?
Bankruptcy is a legal process that eliminates most unsecured debts, like credit cards and personal loans. It’s designed for people who truly can’t repay what they owe.
If you can’t cover your basic living expenses, like rent, groceries, and utilities while keeping up with debt payments, you’re considered insolvent.
In Canada, only a Licensed Insolvency Trustee (LIT) can file a Bankruptcy or Consumer Proposal. Their role isn’t to push you into Bankruptcy, but to review your full financial situation and explain your options.
Many people are surprised to learn that Bankruptcy isn’t always the only, or even the best, solution.
What Happens When You File for Bankruptcy in South Calgary?
If Bankruptcy is the right option, your LIT prepares and files the paperwork with the Office of the Superintendent of Bankruptcy.
Once that’s done:
- Collection calls will stop.
- Wage garnishments end.
- Legal actions tied to unsecured debts are paused.
You no longer make payments directly to unsecured creditors.
For many people, this is the first real relief they’ve felt in a long time.
Your LIT handles communication with creditors throughout the process. If any non-exempt assets need to be surrendered under Alberta exemption rules, your Trustee (LIT) oversees that as well.
You also have responsibilities. Including –
- Providing full and honest disclosure of your income, debts, and assets.
- Turning over your credit cards.
- Attending two financial counselling sessions.
- Notifying your Trustee if your address changes.
- Informing them of any property transfers in recent years.
The counselling sessions are particularly valuable. They focus on budgeting, credit rebuilding, and preventing future debt cycles.
What Happens When You File for Bankruptcy in South Calgary?
If Bankruptcy is the right fit for your situation, your Licensed Insolvency Trustee (LIT) will prepare and file the necessary paperwork with the Office of the Superintendent of Bankruptcy. This step officially starts the process, and for many people, it’s where things begin to feel more manageable.
Once your Bankruptcy is filed, several forms of immediate relief take effect:
- Collection calls stop, so you’re no longer dealing with constant pressure from creditors.
- Wage garnishments end, which can make a noticeable difference in your monthly cash flow.
- Legal actions related to unsecured debts are paused.
- You no longer make direct payments to your unsecured creditors.
Your Trustee will also take over communication with your creditors, which means you won’t have to manage those conversations on your own. If there are any non-exempt assets (meaning assets not protected under Alberta exemption rules) your LIT will guide you through what happens next and handle the process carefully and professionally.
Who Qualifies for Bankruptcy in South Calgary?
To qualify for Bankruptcy in Canada, there are two main requirements:
- You must owe at least $1,000 in unsecured debt.
- You are not able to meet your financial obligations as they come due.
It’s not true that you need to be unemployed to file for Bankruptcy. In reality, many people who pursue this option are working but still can’t keep up with their debt.
It’s not about poor money management – it’s about a gap between income and obligations that isn’t sustainable. That’s when seeking professional guidance from a Licensed Insolvency Trustee can help you understand your options and find a realistic path forward.
Does Bankruptcy Eliminate Debts?
Most unsecured debts are included in Bankruptcy and can be eliminated once the process is complete. This typically includes credit cards, lines of credit, personal loans, payday loans, medical bills, installment loans, and student loans (if you’ve been out of school for at least seven years).
For example, if you’re carrying $65,000 or $90,000 in debt with no realistic way to repay it, bankruptcy can provide a legal path to clear those balances and move forward.
What Are Your Responsibilities?
Bankruptcy does come with a few responsibilities, and your Licensed Insolvency Trustee (LIT) will guide you through them. These usually include making required payments, reporting changes to your income, submitting monthly budget information, and attending two financial counselling sessions.
These steps are designed to keep the process on track and help you build stronger financial habits moving forward.
How to Get Out of Debt in Calgary, Alberta
If you’re struggling with debt, you’re not alone, and taking that first step to seek help can feel overwhelming. For many people, there’s a noticeable sense of relief that comes simply from deciding to take action. Even reaching out for information can lift some of that pressure.
When you book a free consultation with Allan Marshall & Associates, they will take the time to understand your situation and walk you through your options. This might include budgeting strategies, a Consumer Proposal, or Bankruptcy, depending on what makes the most sense for you.
You’ll have the opportunity to ask questions and get clear, straightforward answers so you can make an informed decision. For example, you might want to understand what your monthly payments would look like, or how a solution could impact your credit — and that’s exactly what this conversation is for.
Every financial situation is different. Whether you’re dealing with $10,000 in debt or $100,000, the approach should be tailored to your circumstances. Throughout the process, you can expect to be treated with professionalism, respect, and complete confidentiality.
If you’re ready to explore your options, reaching out could be the first step toward regaining control of your finances.
Are there realistic alternatives to filing for bankruptcy in Canada?
Absolutely. Many Canadians successfully resolve their financial struggles without ever filing for bankruptcy. Alternatives like a Consumer Proposal allow you to consolidate your debt and pay back only a fraction of what you owe, while traditional Debt Consolidation Loans or Credit Counselling can help restructure your payments.
Clear Options, Tailored to Your Situation
After your consultation, you won’t be left wondering what to do next.
Instead, you’ll be presented with a range of solutions based on your specific financial situation. This might include options like simple budgeting support, a Consumer Proposal, or, in some cases, Bankruptcy. Each option will be explained in clear, practical terms so you can make an informed decision.
For example, if you’re juggling multiple debts in the range of $15,000 across credit cards and loans – you will want to explore ways to simplify or reduce interest. If your debt has become unmanageable, a formal solution like a Consumer Proposal could allow you to repay a portion over time while stopping collection calls. The right path depends entirely on your circumstances.
Whether you choose to work with Jennifer or another member of the Allan Marshall & Associates team, the goal remains the same: to help you fully understand your choices and feel confident in the direction you take.
Call us today at 1-888-371-8900 for your free, no-obligation consultation. Your future is waiting.
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