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Debt Relief Solutions
- Explore Your Options
  If you’re looking to break free of personal debt once and for all, we can help. We provide debt and bankruptcy solutions that are life-changing and permanent, so you can erase debt from your life.
  Compare Debt Solutions
  - Overview
  - Understanding the Process
  - What You Keep
  - What are the Fees?
  - Implications for the Future
  - FAQ
  - Overview
  - Understanding the Process
  - What You Keep
  - What are the Fees?
  - Implications for the Future
  - FAQ
Bankruptcy Alternatives
- Explore Your Options
  If you’re looking to break free of personal debt once and for all, we can help. We provide debt and bankruptcy solutions that are life-changing and permanent, so you can erase debt from your life.
  Compare Debt Solutions
  - Overview
  - Consumer Proposal
  - Orderly Payment of Debts
  - Debt Consolidation
  - Credit Counselling
  - Informal Debt Settlement
  - Other Options
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- Life-Changing Debt Solutions
  Our Life-Changing Debt Solutions are designed to permanently get you out of debt once and for all – so you can stop worrying and start living again.
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  Debt can be overwhelming. For that reason, our Licensed Insolvency Trustees are always here for you. let’s discuss the options available to you. Your debt-free future starts now.
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Debt Consolidation

If you’re tired of juggling debt payments, a debt consolidation loan can take the guesswork out of paying bills on time and may make budgeting for repayment easier. With debt consolidation, all of your debts are combined into one overall loan provided by your bank or financial institution.

If you are approved for a debt consolidation loan, the financial institution will provide you the funds to pay your creditors. You will then pay the financial institution one monthly payment, generally at a lower interest rate than your credit card debt. Keep in mind you must first qualify for this type of loan. A financial institution will sometimes require you to have a co-signer or someone to guarantee your loan, which may be your biggest obstacle in obtaining a consolidation loan.

A second mortgage is a type of debt consolidation loan. If you have equity in your home, you may be able to refinance your current mortgage or obtain a second mortgage to consolidate all of your debts into one monthly payment with a lower borrowing cost.

A debt consolidation loan may be a good choice if:

You have a decent credit score to obtain the loan
Have someone available to co-sign your loan if required
Your monthly budget allows you to make the monthly consolidation loan payment

If you don’t have a strong credit rating or would be unable to keep up with your consolidated loan payment, it’s time to look at other options. Speak with one of our local Licensed Insolvency Trustees to determine whether a debt consolidation loan or perhaps a Consumer Proposal is the answer for your debt challenges.

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.

I was tired of debt. It was time for a permanent change.

Our team of Licensed Insolvency Trustees will help you explore the debt relief options available to you and together we will find the solution that best fits your situation. Set up your FREE, no obligation consultation today.

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