Options In Canada For Debt Relief

PLEASE CONTACT US TO GO OVER YOUR OPTIONS

Canada’s Office of Consumer Affairs (OCA)
Options – Ontario

Budget counselling is an option that enables you to take control of your
finances
with the help of a budget counsellor. This service helps you determine why
you
are in debt and find ways to deal with the problem. href="ca02154e.html">To learn more…-->
Consumer ProposalA consumer proposal is an offer made by a debtor (through a trustee in bankruptcy or a person appointed by the Office of the Superintendent of Bankruptcy to administer consumer proposals) to his or her creditors to modify his or her payments. To learn more about consumer proposals visit the Office of the Superintendent of Bankruptcy website.
BankruptcyBankruptcy is a legal process performed under the Bankruptcy and Insolvency Act. Because of your inability to pay your debts, you assign all of your assets, except those exempt by provincial law, to a licensed trustee in bankruptcy. This process relieves you of most debts, and legal proceedings against you by creditors should stop. To learn more about bankruptcy visit the Office of the Superintendent of Bankruptcy website.
Do you have a student loan debt or a tax debt?