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Your Options

Your options for debt consolidation 

Debt Restructuring 

By employing the debt restructuring method you can repay your debt without affecting your credit, without having to give up your accounts, without having to pay high company fees and without changing your bank. All of which will happen in traditional debt repayment programs. Top to it off with no restrictions on the time limit to pay your debt back and you have the perfect solution to your situation. Read More...  

Consumer Proposal

A consumer proposal is a formal, legally binding process that is administered by a bankruptcy trustee. In this process, you and your adviser will work with you to develop a “proposal”—an offer to pay creditors a percentage of what is owed to them, or extend the time you have to pay off the debts, or both. The term of a consumer proposal cannot exceed five years (60 months). Read More...

Debt Management 

A debt management program is a service you can register for through a not-for-profit organization or a private company. By using this service, you authorize a counsellor to speak to creditors on your behalf in order to make special arrangements with them regarding your payments. In most cases, you will have to make one regular payment to your counsellor, who will look after dividing the agreed upon amounts among your creditors. You cannot decide which creditors you want the organization or company to contact on your behalf as all unsecured creditors must be included in the Debt Management Program. Your budget will help you determine what your monthly payment should be to your creditors. Read More... 

Division One Proposal 

A Division 1 proposal is a formal procedure governed by the Bankruptcy and Insolvency Act and is available to businesses and individuals — there is no limit with respect to how much money is owed. Your advisor will walk you through the process of filing a DIV 1 proposal and help you find the right trustee for the job. A trustee is someone who will work with you and your advisor to develop a Division 1 proposal that works for both you and your creditors. Read More...  

Bankruptcy Proposal 

If bankruptcy is the option you choose, you can work with Gregory and his team, as well as, a trustee in Bankruptcy to complete the required forms. The trustee will then file these documents with the OSB and you will be formally declared bankrupt. From that point on, the trustee will deal directly with your creditors on your behalf. Once you have been declared bankrupt. Read More...

Debt Settlement 

In some cases debt settlement can be a useful tool but you have to be very careful about how you go about a debt settlement. There are plenty of companies that promise the world, offer nice low monthly payments over 24-48 months, and really make it sound too good to be true. What’s the old saying… if it sounds too good to be true… it usually is. Well, it usually is!  

And So Many More With so many options in Canada there’s just far too much to list on one page. With the help of a debt specialist you can unlock the knowledge and power of every option available to you. Your debt specialist will review your situation and offer you solutions that you can be approved for. 

Consolidate Debt

Everyday Canadians struggle with their monthly payments robbing from Peter to pay Paul, living paycheck to paycheck, never knowing if you’re going to have enough to make it to the next pay. It’s a reality all too common but it doesn’t have to be this way. 

How We Help

Our debt counselling professionals will answer all of your questions and provide you with all of your options to consolidate. Remember there is never any pressure or obligation on your part to use our services. Its safe, 100% confidential and never any obligations. 

Free Assessment

Complete our free online assessment and have your options emailed directly to you. The assessment takes less than 10 minutes and your results are emailed to you within 24 hours.

Everyday thousands of people in Canada ask for help from debt professionals. You’re not alone!

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