What are the requirements to enter a debt repayment program?

  • Keep your CAR, HOME, and RRSPs
  • Stop harassing CREDITOR CALLS immediately
  • Get the largest DEBT REDUCTION that is fair
  • 70+ Offices | 40+ Years Experience | 100,000 Satisfied Canadians
  •  Consumer Choice Award

    Start Living Debt Free!

    Book Your 1 Hour FREE personal, no obligation consultation today.

    Debt repayment takes many forms.

    • One type is done in conjunction with credit counseling agencies and this generally involves repaying all of a majority of the debts owing over a fixed period of time.
    • The second type is to file a consumer proposal using the services of a licensed Trustee. In this process you make an offer to your creditors to repay only a portion of your debts owing over a period of time.This covers all of your unsecured debts
    • The last type is to use a debt counselor to negotiate a repayment plan with your major creditor.

     


      Related articles:

    Debt Relief Solutions: Feeling Overwhelmed By Debt?

     

    I received my Discharge from Bankruptcy earlier in the week, and I just wanted to thank you for helping me through this process. Before meeting with you I stressed out and terrified about my future; now I'm a lot less stressed (the job market still isn't great), and a lot more hopeful. I appreciate everything you've done, and if I know anyone needing similar help (I hope not), I will definitely refer them to A. Farber and Partners. Regards, Wayne B

     


    What are the requirements to enter a debt repayment program? book-free-appointment Go Back to Main Questions