man and woman having discussion while looking at laptop screen

Credit Counselling

There are a wide variety of credit counselling services operating across Canada. Typically, these credit counselling organizations review your current financial situation, provide budgeting advice and speak with creditors on your behalf about a more reasonable repayment schedule. If your situation is appropriate for the program offered, the credit counselling organization will collect funds from you and place them in a trust account for payment to your creditors. Before committing to any program, you should fully understand the costs and administration fees charged by the organization, since these charges may increase your total payment obligation and reduce the amount available for distribution to your creditors. Generally, the total amount you will pay will be equal to the total amount of your unsecured debt.

Life-Changing Debt Solutions is about finding the best choice that will work for you. To compare all the available options, contact us for a free confidential consultation.

Latest Blog Posts

2025-06-25

How to budget for inflation

John Athanasiou

The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.

Read More

2025-06-19

Options to consider if you can’t pay back your student loans

Dean Prentice

With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies. 

Read More

2025-06-16

What are the pros and cons of a Consumer Proposal?

Joey Zanni

Bankruptcy Alternatives to Bankruptcy

Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.

Read More

Consultation icon