Licensed Insolvency Trustee
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Start Fresh. Debt Free.
You Have Options! Your Ottawa Ontario Debt Relief Specialists.
We've Helped Thousands Of Canadians Eliminate Debt Since 2002. We Can Help You Too!
FREE CONSULTATION. We'll find the right solution for your specific financial situation and get you back on track to rebuilding your worth today, debt free.
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or Call 1-855-884-9243 (One convenient toll-free number to talk to the Ottawa & Area Office nearest you).
Looking for Debt Relief? In Ottawa, You Have Options!
You may have already heard of credit and debt counselling, debt consolidation loans, bankruptcy or a consumer proposal. But how do you know which approach is best for your specific financial situation? The quick answer is, there is no one-size-fits-all debt solution. Your debt solution should be tailor made for your specific financial situation.
When you contact Bromwich+Smith in Ottawa, a Debt Relief Specialist will go over all details of your finances with you, determining how much you owe and to whom, and any sources of income and assets you may have. There is no charge for this FREE CONSULTATION. And then, only after we have completed our analysis of your finances with you will we begin to make an unbiased recommendation as to the best path to eliminate your debt, providing you with all the details you need to make an informed decision.
At Bromwich+Smith in Ottawa, we offer a powerful debt consolidation loan and bankruptcy alternative called a Consumer Proposal, allowing you eliminate your debts, stop all creditor actions and keep your assets.
Here's how a Consumer Proposal works:
Bromwich+Smith negotiates with your creditors on your behalf, restructuring your debt based on what you can afford, not what your creditors are demanding. You are usually required to payback only a percentage of original amount owed. The remainder is forgiven.
All unsecured debts, including Canada Revenue Agency Tax debt, credit card debt, and all other unsecured creditors are legally bound by the conditions of the Proposal, even if not all agree.
All creditor actions, including phone calls and letters, wage garnishees and other legal actions are immediately stopped.
Your proposal is paid over a period of up to 5 years, with all debts consolidated into one affordable, interest free monthly payment.
A Proposal does not touch your assets.
There are No Fee Payments from you. We are paid by a tariff amount set by the Federal Government that comes out of the settlement with your creditors.
Other Options To Explore.
Before recommending bankruptcy, all other options will first be explored. However, in some situations, a bankruptcy can be the best option to eliminate debt. If it is determined that your financial situation would be best served by a bankruptcy, a Bromwich+Smith Debt Relief Specialist will provide you all the details about how a bankruptcy works and how it can allow you to start fresh with a clean slate. Learn More »
There are a number of tools and tips available to help you budget and manage your money. A Credit Counsellor can provide you with the guidance you need to take control of your finances. Learn More »
Bank or Other Financial Institution Debt Consolidation Loan
In some financial situations, a debt solution that decreases the interest rate on some of your debts and/or gives yourself more time to pay could provide the debt relief you need. In this case, the consolidation of your debts with a debt consolidation loan could be right solution for you. However, unlike a Consumer Proposal, with a consolidation loan you usually required to have a good credit rating and sufficient assets to secure the loan. Plus, you will still be responsible for paying 100% of original debt, with interest. Learn More »
Ottawa and Area Office
One convenient number to contact the local office nearest you. Toll Free: 1(855) 884-9243
Meet Your Bromwich+Smith Ottawa & Area Licensed Insolvency Trustee
Meet other members of the Bromwich+Smith team HERE
CIRP, LIT, CPA, CGA