Learn about Debt Advice and Consolidation Solutions

Jul 25, 2019 | Debt Consolidation

Written by Crystal

Written by Crystal

If you want to learn about money, finance and debt, there are many options. You can gather some of this info by researching online, reading blogs, watching videos, and asking questions in forums. However, when you are faced with bills and debt, finding reliable advice can be difficult.


So where do you turn for reliable debt advice?

Licensed Insolvency Trustees are educated, licensed, and regulated to ensure that you understand all of your options, not just a bankruptcy or Consumer Proposal. Sometimes you might benefit from a consolidation loan, or other debt consolidation option, together with education about budgeting or money management. You can get advice from a Trustee about obtaining a consolidation loan and ask them about reputable lenders. However, when your credit score is already damaged, you may find that you are not able to obtain a consolidation loan at a reasonable interest rate. In these cases, a bankruptcy or consumer proposal may be your best option.  Licensed Insolvency Trustees are the only professionals able to administer bankruptcies and Consumer Proposals in Canada and can provide the most current and reliable advice about these options.

How are Trustees paid? How much is a consultation?

Most Trustees (including us!) will provide a consultation free of charge to discuss your options. If you file a bankruptcy or proposal, the fees paid to a Licensed Insolvency Trustee are regulated by the government. In fact, in most files, every Licensed Insolvency Trustee in Canada is paid by the same tariff, or set of rules, no matter which firm you choose.


How can I arrange an appointment with a Licensed Insolvency Trustee?


Feel free to call or email us with your questions. We can outline your options for you, and provide you with reliable debt help. Not sure who to trust? Trust us….it’s right in our name. Licensed Insolvency Trustee.


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