Debt Relief Canada
We Offer Friendly Debt Solutions in Canada!
Bankruptcy Canada is Canada's Most Trusted Source For Debt Relief.
At BankruptcyCanada.com we deal with people that find themselves trapped with debt just like you every day.
We understand that there are many reasons people get into money trouble including job loss, reduced hours and income, medical bills or the rising costs of living.
When you are dealing with a wave of consumer debts, we know how hard it can be to carry on regular life and that it can be challenging to know where to turn next.
We understand that you might feel it is impossible to get out of debt any time soon, if ever.
Unsecured consumer debts often carry a very high interest rate and punitive late fees, that can make your attempts to get out of debt seem all the more difficult.
That is why we are here to help you understand all of the debt relief solutions that are available to you, to help you get out of debt and save money on interest charges.
If you are dealing with an overwhelming debt situation and wondering what debt relief programs are available to you we can show you how you can live debt free.
Our debt relief programs will help you get out of debt in the quickest possible time and will cost the least amount for your unique situation.
If you are dealing with a mountain of consumer debt, or you are simply living beyound your means, we can help you find the right solution to your situation.
We offer risk free and no-pressure consultation meetings to help you explore your options and get started on the path to becoming debt free!
Debt Relief Programs Available in Canada
Often people find themselves in debt through simple money mismanagement.
In some cases, we can help you examine your budget and give you advice on budgeting skills that can help you get your finances back on track.
You would be surprised how simple it is to tackle simple to moderate debt problems by simpling working on building a realistic budget.
By consolidating your debts, you can combine all of your high interest loans into 1 easier to manage monthly payment.
If you have equity available in an asset - such as your home or car - you could get a loan based on the power of that equity.
You should be very careful in pursuing this method of debt relief, as it could cause more problems for you and put your assets at risk.
We provide credit counselling services for consumers that allows you to reduce your interest rate and making 1 payment to settle all of your debts.
A consumer debt proposal is a formal, legal agreement between you and your creditors to repay a portion of your debts over a set period of time.
You won't pay any interest during your consumer proposal, and you can often repay as little as 30 cents on your debt.
As a last resort for many debtors, filing for bankruptcy is often the quickest and most cost effective way to get debt relief.
Before considering bankruptcy, you should try at least 1 of the debt relief methods explored above.
We Offer Caring and Professional Advice and Debt Relief Assistance Across Canada
When you are dealing with a mountain of unsecured debt, knowing where to turn or who can help you can be confusing and overwhelming.
Fortunately our friendly team of Licensed Insolvency Trustees and debt relief professionals are here to help you find the most appropriate debt relief vehicle for your particular financial situation.
When you meet with a member of our insolvency team you can learn about your options, get answers to your questions and learn the pros and cons of various debt relief programs in Canada.
We will review your financial situation and source of money troubles to formulate the right plan moving forward to get you out of debt.
All of the Licensed Insolvency Trustees of Bankruptcy Canada are members of CAIRP (Canadian Association of Insolvency and Restrucuring Professionals).
CAIRP is the governing body that advocates for the insolvency (bankruptcy and consumer proposal) process in Canada.