What are your debt relief options?

Filing for bankruptcy is not your only option. A consumer proposal can be a better alternative and allows you to avoid the negative consequences of bankruptcy.

Our Licensed Insolvency Trustees negotiate a legally binding settlement with the creditors of your unsecured debt.

Your debt can often be reduced to a fraction of what you owe with the remainder forgiven.

Bankruptcy is not your only debt relief option, but it could be the right choice for you. Bankruptcy is a legally binding solution regulated under Canada’s Bankruptcy and Insolvency Act and can give you a fresh financial start.

While bankruptcy will give you and your family immediate financial protection, it should be considered a last resort after other debt relief options, such as a consumer proposal, have been reviewed.

Our Licensed Insolvency Trustees will review your unique financial situation and help you decide if bankruptcy is your best step toward financial recovery and debt freedom.

While Bromwich+Smith doesn’t offer consolidation loans, we do provide debt consolidation through a consumer proposal.

A consumer proposal goes beyond consolidating your debt—it reduces it, giving you the chance to get your finances back on track while also protecting you from creditor legal action and stopping collection calls.