BDO Provides Debt Solutions

Whether you live in a small town, a large urban centre, or somewhere in between, dealing with debt causes stress and impacts families, relationships and work. For many, the situation is made worse because they don’t know who they can turn to for help. BDO’s licensed debt relief professionals are in communities across Canada, helping people find the right solution to resolve their individual debt problems. Our local teams of knowledgeable professionals include proposal administrators, credit counsellors and Licensed Insolvency Trustees.

We start by listening

When you have financial problems, taking that first step to get help can be difficult. That is why, when you make an appointment for a free, no-obligation consultation with a BDO debt help professional, the first thing we do is listen. Tell us about your situation—your income, current assets, expenses and outstanding debts. Once we have a complete understanding of your circumstances, your debt help expert will work alongside you to help you choose the right solution for you and your family.

How we can help you leave debt behind? Your local BDO debt professionals can offer you the following services to help you get out of debt:

  • Explain the pros and cons of all debt solutions. These can include strategies for paying off your debt on your own, such as budgeting, do-it-yourself plans and credit counselling, as well as formal debt solutions—debt consolidation, debt management, debt settlement, consumer proposals and bankruptcy.
  • Refer you to trusted local professionals when your situation can be solved via debt consolidation or credit counselling.
  • Negotiate and administer a consumer proposal on your behalf when other solutions will not solve your problem. We will help you draft a proposal to your creditors that can reduce the amount you owe, freeze all interest charges and stop legal action against you.
  • Guide you through the bankruptcy process after all other solutions have been examined. While bankruptcy is only explored after all other debt relief solutions have been examined, in some circumstances it can be the best solution for you. When this is the case, your BDO Licensed Insolvency Trustee will help you through the process, step by step, from your initial decision to file to your discharge.

To learn more about how BDO debt relief professionals can help you resolve your debt problems, find a BDO office near you, or request a call for a free, no obligation consultation.

Licensed Insolvency Trustees Since 1958