Debt Doesn’t Have To
Be An Emergency
Make BDO Your First Call For Debt Relief.
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.
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.
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.
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.
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.
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 LITERACY PRESENTATIONS
BDO First Call Debt Solutions is proud to support the Financial Consumer Agency of Canada in delivering financial literacy presentations across the country. These presentations are held at workplaces, as well as at various community locations.
If you would like to schedule a presentation at your workplace, charitable or social group, please let us know by contacting your local office.
December 13, 2017
We’ve already started hearing some of the horror stories. “New mortgage stress test rules will block 50,000 people from buying.” “200,000 Canadian families will have failed the newly-implemented stress test (by 2019), even though they can afford to borrow the amount they need.” And these rules haven’t even kicked in yet!