About Us - Bankruptcy Canada
Empowering Canadians
to Overcome Debt
For over 25 years, BankruptcyCanada.com has served as Canada’s leading independent resource for confidential, compassionate, and legally protected debt solutions.
Helping Canadians navigate the Bankruptcy and Insolvency Act since 1999.
Provided free, confidential debt evaluation and trustee referrals nationwide.
Partnered exclusively with Licensed Insolvency Trustees (LITs) across Canada.
Free consultations. Trustee fees are federally regulated and built into payments.
Our Mission: Plain-Language Debt Relief
Facing financial hardship, wage garnishments, or CRA collection demands can be overwhelming. The Canadian legal framework—governed by the federal Bankruptcy and Insolvency Act (BIA)—is complex and filled with dense jargon.
BankruptcyCanada.com was founded with a single purpose: to translate complex insolvency laws into clear, actionable, plain-language guidance so you can make informed decisions about your financial future.
Federal Regulatory Integrity
We do not promote unregulated private debt settlement schemes. We connect you directly with federally Licensed Insolvency Trustees (LITs)—the only professionals in Canada legally authorized to file Consumer Proposals and Bankruptcies.
100% Confidential & Free
Your privacy is paramount. Every consultation booked through our platform is completely confidential, carries zero obligation, and costs nothing out-of-pocket.
Transparent Interactive Tools
We build open-access financial utilities—from Surplus Income Calculators to Wage Garnishment Checkers—allowing you to run your numbers before speaking with a trustee.
Why You Must Work With a Licensed Insolvency Trustee
In Canada, many private “debt relief” agencies charge heavy upfront fees for unregulated settlement plans that carry no legal protection. Here is why working with an LIT through BankruptcyCanada.com is different:
| Feature / Protection | Licensed Insolvency Trustee (LIT) | Unregulated Private Debt Settlement |
|---|---|---|
| Federal Government License | Yes (Regulated by OSB) | No (Unregulated) |
| Legal Power to Stop Lawsuits & CRA | Yes (Statutory Stay) | No (Creditors Can Still Sue) |
| Upfront Out-of-Pocket Fees | $0 (Regulated Tariff) | High Upfront Retainer Fees |
| Binding on All Creditors | Yes (Majority Vote Binds 100%) | No (Creditors Can Refuse) |
Find Your Personal Debt Relief Solution
Licensed Insolvency Trustees are here to help. Get a free assessment of your options.