What each firm offers
- Both provide consumer proposals and personal bankruptcy as Licensed Insolvency Trustees.
- Both offer free initial consultations across many Canadian locations.
- Both can also advise on debt consolidation and credit counselling.
- Trustee fees in a proposal are set by the Bankruptcy and Insolvency Act and come out of the payments, not billed separately to you.
How to choose
- Meet with more than one trustee; the first consultation is free.
- Ask how many proposals they file and how hands-on the local team is.
- Compare the projected monthly proposal payment and term.
- Ask about counselling sessions and support after filing.
Save thousands
Save thousands by refinancing your vehicle anywhere in Canada.
Free to apply, no obligation, and no credit check to pre-qualify.
Frequently asked questions
Both are long-established Licensed Insolvency Trustee firms operating under federal regulation.
In a consumer proposal, trustee fees come out of the monthly payments, not billed to you on top.
Sometimes. If a lower car payment frees enough cash to service unsecured debt, refinancing can help you avoid a proposal. Speak with a trustee to compare.