We Help Canadians Become Debt Free
Welcome to Canadian Debt Relief, where we help Canadians swim out of debt and restart their financial lives. Our team is here to review your financial situation and provide the best debt relief option for you.
Our Mission
Based in Toronto, we craft personalised debt relief solutions including consumer proposals, personal bankruptcy, credit counselling, & corporate bankruptcy, empowering our clients to reclaim their financial stability.
Our devoted team of Licensed Insolvency Trustees delivers compassionate, confidential, and expert guidance, guaranteeing a brighter financial future for the communities we serve.
What We Have Accomplished
Debt Written Off
Canadians Helped
Success Rate
What are the best debt relief options in Canada?
Canadians have excellent debt relief options, it’s just about picking the right one.
With our expertise, we will guide you towards selecting the optimal debt relief solution tailored to your specific circumstances.
The Top 3 Debt Relief Options In Canada Include:
Filing a consumer proposal
A consumer proposal is the #1 alternative to personal bankruptcy. It’s a way to merge all your debts and proposes to pay your creditors a reduced amount. Our Licensed Insolvency Trustees can assist you in negotiating with your creditors to repay a fraction of what you owe.
Declaring personal bankruptcy
Personal bankruptcy is a legal process where you declare that you’re unable to manage your debts. You would work with a trustee in bankruptcy, surrendering certain assets and any extra income to them. They then use these resources to pay off your creditors.
While bankruptcy is often considered a last resort, there’s another route called a consumer proposal. It’s a structured plan to repay your creditors, offering debt relief without the same serious consequences as bankruptcy. It’s worth exploring both options to see which one best suits your situation.
Filing for Corporate Bankruptcy
Corporate Bankruptcy is a legal process that provides your company with protection from creditors while you reorganize or liquidate.
Whether it’s restructuring for a fresh start or winding down operations, corporate bankruptcy offers avenues to navigate through tough times and emerge stronger. Let us guide you through this process and help your business find its footing again.
Our Solution
We’ll have a free chat with you to look at your money situation and tell you about all the ways you can fix it. This helps you pick the best way to get out of debt.
We’ve helped more than 400 Canadians break free from debt, wiping out over $16 million in total. With a success rate of 98%, we’re proud of the big difference we’ve made in so many lives.