If you're able to repay some of, but not all of your debt, our Licensed Insolvency Trustees (LITs) will negotiate with creditors on your behalf and reduce your debt to only a portion of what you owe — often between 30–80%. A consumer proposal will consolidate your debt into one manageable monthly payment and can also allow you to keep your assets and avoid bankruptcy.
|✅ Freezes debt interest charges.|
|✅ Protects you from creditors, wage garnishments, lawsuits, and stops calls from collection agencies.|
|✅ Repay just a portion of your debt.|
|✅ Repay your debts with 1 easy-to-make monthly payment over 3–5 years.|
|✅ Keep all your assets including your car and home.|
|✅ No additional costs or fees beyond your regular monthly proposal payments.|
1. Book your free consultation to assess your finances and consider all your options.
2. Work with your Licensed Insolvency Trustee to prepare & file the consumer proposal.
3. Make manageable monthly payments to become debt-free & begin rebuilding your credit.
|✅ Credit card debt (including store credit cards)|
|✅ Bank loans|
|✅ Payday loans|
|✅ Tax debt|
|✅ Medical bills|
|✅ Student loans, if 7+ years since you were last a student|
|Your debts are greater in value than your assets or you can no longer keep up with your debt payments.|
|You can only afford to pay some of your debt back.|
|Your unsecured debt is greater than $1,000 but less than $250,000 (excluding mortgage).|
|You are a Canadian resident or have a property in Canada.|
Add up your debt from all sources (including credit cards, lines of credit, loans, etc.) and enter the total amounts below. Click 'Submit' to see how different solutions can affect your monthly payments and the total cost of repayment over the span of 5 years.
Our clients often find themselves in financial trouble through no fault of their own. Unforeseen life events causing a sudden drop in income due to illness, death of a family member or divorce are all leading causes of financial difficulties and it's important to know that you are not alone. There's no shame in seeking help. We offer judgement-free support and can help tailor a plan to deal with debt from all sources, regardless of how you found your way into debt.
Talking about debt can be intimidating, so we ensure you feel supported every step of the way.
We take the time to explore all debt relief options, so you can choose the best one for you.
With 140+ offices and 60+ years of experience, we're ready to help in your local community.