Debt Solutions

Our experienced and professionally trained Counsellors help thousands of people each year improve their money management skills and find solutions to their debt problems. We work with you and your creditors to resolve the situation quickly and with as little stress as possible.

There are several options available to you, including:

Debt Management Program

We will help you develop a debt repayment program that fits your budget and lifestyle. Most creditors waive ongoing interest charges when you establish a program to consolidate payments through us, resulting in thousands of dollars of interest savings each year. Your Counsellor will work with you every step of the way and give you money management tools to make your life easier and less stressful.

The majority of our clients are able to repay all of their debt within 3- 4 years through our debt management program. Your Counsellor will work with you to:

• develop and stick to a manageable budget
• determine how much to allocate towards paying down your debt
• overcome challenges or unexpected expenses

Four out of five clients successfully complete their debt repayment programs in full.

Self-Directed Debt Repayment Strategies

If you prefer to resolve the situation on your own, your Counsellor will outline strategies specific to your situation. This will include how to effectively communicate with your creditors to payoff your debts, advice about consolidation loans as well as other options.

Debt Settlement Programs

There are times when your financial circumstances may prevent you from repaying your debts in full. Through our debt settlement programs, your Counsellor will negotiate with your creditors to offer a one-time lump sum payment to settle your debts. The settlement offer will depend upon your financial situation.

Referral to a Trustee

Depending on your situation, bankruptcy may be an option. This is a big step with long-term implications. Your Counsellor will explain the bankruptcy process, your responsibilities and outline the consequences to ensure you make an informed decision regarding this option.