Toronto Ontario 
Licensed Insolvency Trustees

Toronto Ontario Bankruptcy Help

Rebuild Your Worth. Your Toronto 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.

Click to Book A Free Consultation

or Call 1-855-884-9243 (One convenient toll-free number to talk to the Toronto + Area Office nearest you).

Book Online or Call 1-855-884-9243

Whatever your financial situation, there is a solution.

At Bromwich+Smith Toronto, we understand the devastating effect debt can have, taking over all parts of your life. However, you can rest assured that no matter  the circumstances surrounding your debt, there are always debt relief options to explore. At Bromwich+Smith, our dedicated team of Toronto Debt Relief Specialists and Licensed Insolvency Trustees will work with you to find the right debt relief solution for you, tailored to address the circumstances of your financial situation.

Free consultation.

During your free consultation, a Bromwich+Smith Toronto Debt Relief Specialist will work with you to establish the details of your current financial situation, including how much you owe, to who and any creditor legal actions that have been taken against you. Using this information, we will be able to provide you with the details you need to determine the best debt relief solution in Toronto for you. There is never a charge for your free consultation, and there is no need to travel. Your consultation can take place on the phone from the convenience of your home.

Consumer Proposal and Bankruptcy - Debt ReliefDiamond 2020


Your Options.

Consumer Proposal

Is There An Alternative to Filing Bankruptcy? Yes!

At Bromwich+Smith in Toronto, declaring bankruptcy is not your only option. We offer a powerful bankruptcy and debt consolidation alternative called a Consumer Proposal, available only from a federally authorized Licensed Insolvency Trustee like Bromwich+Smith. 

Here's how a Consumer Proposal works:

PlusWith a Consumer Proposal you usually aren't required to pay back everything you owe. 
To deliver Toronto debt relief solutions, Bromwich+Smith negotiates with your creditors on your behalf, reaching a debt repayment settlement based on what you can afford, not what your creditors are demanding. This usually eliminates your debt for only a percentage of original amount owed.
PlusAll creditors are legally bound by the conditions of the Proposal, even if not all agree. 
PlusAll creditor actions are immediately stopped. Creditors can't call you and all legal actions are stopped.
PlusInterest charges are stopped.  
PlusYour debts are consolidated into one affordable monthly payment, with up to 5 years to pay.
PlusAssets are not touched.
PlusWe are paid by a government tariff. There are No Fee Payments from you. 

Can Credit Card Debt, Bills, CRA Tax Debt, Payday Loans, Legal Actions and Wage Garnishments Be Dealt With? Yes!

All unsecured debt is included in a Consumer Proposal, including CRA tax debt, credit card debt, payday loans, and other bills. Talk to Bromwich+Smith today to find out if this powerful debt consolidation solution is the best option to eliminate your debt and start rebuilding your worth.

Declare Bankruptcy

Filing bankruptcy is only recommended after all other debt relief options have been explored. However, for certain financial situations, bankruptcy could be the best option to eliminate your debt and allow you to start fresh. Plus there are a number of exemptions with a bankruptcy, allowing you to keep a portion of your home equity, a vehicle up to a certain value, your pensions and other registered savings plans and other exemptions. We'll go over all the details you need to determine if declaring bankruptcy is the best option for your situation. Learn More »

Debt Counselling

Debt counselling can provide you with the tools and skills you need to determine where your money is going and how to budget to make the best use of your money for now and in the future. Learn More »

Debt Consolidation Loan from a Bank or Other Financial Institute

The consolidation of all of your credit card debt and other bills into one loan could be the solution for you if you still have a good credit rating and own sufficient assets to secure a loan. However, unlike a Consumer Proposal, with a consolidation loan, you are still responsible for paying 100% of original debt, with interest. Learn More »

Meet Your Toronto & Area Licensed Insolvency Trustee:

Meet other members of the Bromwich+Smith team HERE


Bonnie Bryan, CIRP
Licensed Insolvency Trustee

Bonnie Bryan


Toronto Office (By appointment only) #1: 401 Bay Street, 16th Floor, Toronto, Ontario M5H 2Y4
Toronto Office (By appointment only) #2: 3250 Bloor Street West, East Tower, Suite 600 Toronto, Ontario M8X 2X9

Call 1-855-884-9243 to talk to the local office nearest you.

Bromwich+Smith Office

43.6516267, -79.3807454