Not sure how to deal with debt?

Here's where to start.

Debt advice
Can't afford to repay your debts?
Licensed Insolvency Trustee (LIT)
The only professionals in Canada legally allowed to reduce debt
Speak to a trustee
on Moses Advisory Group
Pay only part of what you owe
Combine all debts into one affordable monthly payment
Stop wage garnishments and lawsuits
Keep your home, car, and RRSP

Not in Ontario, Alberta, BC, Nunavut or the NWT? Find a trustee in your province

Credit Counselling
Non-profit financial guidance
Find a counsellor
on Credit Counselling Canada
Free financial assessment
Non-profit organizations
Debt management programs available

Best if you can still afford your debt but need help managing payments

Independent advice

Need unbiased advice on your debt situation?

One-on-one consultation with a former collection lawyer

  • 30+ years in debt collection law
  • Impartial, practical advice
  • Confidential one-on-one sessions
Book a phone consultation

with Mark Silverthorn, L.L.B.

Frequently Asked Questions

A Licensed Insolvency Trustee is federally regulated and can legally file consumer proposals and bankruptcies. They are the only professionals in Canada who can legally stop collection calls and wage garnishments. Credit counsellors can help with budgeting and debt management plans but can't file legal proceedings or stop collections.

No. Checking your own credit score is a soft inquiry and has no impact on your score.

Yes. A Licensed Insolvency Trustee is the only professional who can do this. Once you file a consumer proposal or bankruptcy, a legal stay of proceedings takes effect. Collection agencies must stop contacting you and wage garnishments stop immediately.

Only if you can comfortably afford the repayments. If you're already struggling with debt, a loan could make things worse. Speak to a Licensed Insolvency Trustee first. The consultation is free.

Get Help With Debt - Free Advice & Resources | CollectionAgencies.ca