WHAT WE DO
DEBT HELP
With the cost of living, house prices, child care and education all soaring, many families are worried about their rising debt loads. Learn about all debt management options available to take control now before problems arise.
CONSUMER PROPOSALS
Sometimes debt problems can’t be solved by budgeting, debt consolidation or various debt management plans. When this is the case, many fear that bankruptcy is the only option. Consumer Proposals are an alternative to bankruptcy, allowing you to protect your assets and get immediate relief.
BANKRUPTCY
Even though it is considered a ‘last resort’ in solving debt problems, bankruptcy can actually be the most suitable debt solution for some individual circumstances. Offering immediate legal protection and the ability to start rebuilding quickly, it is helpful to learn the facts.
RESOURCES
The starting point to putting a debt relief plan in place is assessing where you stand and having the information to know what the next steps should be. Our resources page provides you with the tools, worksheets and links necessary to get you started with confidence.
INDIVIDUAL DEBT HELP
You may have come across a variety of options while looking for ways to help you with debt. With so many solutions to choose from, it can be hard to know which one is right for you. To help you learn more about your options, we’ve provided an overview of the following debt relief methods and how they can apply to you.
BUSINESS DEBT HELP
Many businesses can face unexpected financial problems after experiencing changes in the economy, changes in their market, or changes within the company. Whether you are a small business owner, self-employed, or a large corporation, BDO’s business restructuring professionals recognize you need to address issues quickly to ensure the viability of the business.
FINANCIAL WELLNESS EAP PROGRAM
BDO’s financial experts facilitate workshops that provide employees with tools & resources to improve their financial literacy and stay on track. This financial education may be offered as a supplement to an existing EAP, and workshop topics are customized to each organization, based on your needs, covering real life financial education that directly benefits your employees.
WHAT’S NEW AT BDO
POLLS & SURVEYS
BDO AFFORDABILITY INDEX 2020
There is a clear divide between Canadians who have been hardest hit and those whose finances have improved during the pandemic. While one-in-five (18%) of Canadians are better off, nearly two-in-five (39%) are worse off due to COVID-19.
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BLOGS
October 21, 2020
Single Parent Debt: How Does A Consumer Proposal Provide Debt Forgiveness?
Single parent debt can be particularly challenging to overcome. Learn how filing a consumer proposal helped Linda overcome her financial difficulties.
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October 14, 2020
5 Tips to Survive the COVID-19 Financial Crisis
The COVID-19 financial crisis has intensified economic disparities. Learn 5 things that will help you improve your financial outlook during this time.