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.
WHO WE SERVE
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 WORKSHOPS
BDO’s financial experts facilitate group workshops that provide participants 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 participants.
WHAT’S NEW AT BDO
4 ways to keep summer spending fun and debt-free
After a difficult third wave and long lockdowns across the country, Canadians are definitely in need of some summer fun. As Canadian provinces continue to lift restrictions, this summer is going to change the daily activities and spending habits of many households. For families that experienced job loss or reduced income in the past year, budgets can quickly get stretched. If you haven’t already, now is the perfect time to sit down and plan your summer spending.
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4 tips for budgeting as a gig worker
Even during the best of times, maintaining your emotional and financial health can be difficult when you’re working in the gig economy. The income for gig workers (sometimes called freelancers or contractors) can fluctuate from month to month, making budgeting difficult and the risk of debt higher.
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TESTIMONIALS
