Personalized, proven, and affordable debt relief.
We offer a government-backed way to reduce your debt by up to 80% of what you owe and it’s called a consumer proposal.
The truth is almost 43% of Canadians were in debt last year. Although debt can be overwhelming, there are ways to start fresh and improve your relationship with money.
Know your debt-relief options
We’ll meet to discuss your debt-relief options, guide you to the best debt solutions, and assist you in building a better relationship with money. You’ve probably heard of the most common types of debt-relief solutions:
Consolidation loans: a popular debt relief option for people who want to combine all their loans into one. It’s a simpler way to manage payments, however these loans often come with higher interest rates.
Budget management: a great option for people who have manageable debt and who are looking to change the way they spend money, but if you have a lot of debt currently, you will likely need a debt relief option that will take things further.
Bankruptcy: this is a sure-fire way to eliminate debt that has been building up over time. It’s the most aggressive of debt relief options and is usually saved as a last resort.
Credit counselling: this debt-relief option helps with advice for your money and debts and offers financial education. Like budget management, this is more of a maintenance option than a complete debt elimination.
We offer a free, confidential consultation to review all your options, including a consumer proposal you might not know about.
Why you should consider a consumer proposal
Many people don’t know about a consumer proposal and the benefits. Up to 80% of your debt will be reduced and forgiven, and the remaining debt will be paid monthly, based on what you can afford, with no interest or fees.
Move the slider to your debt amount, and you’ll see how much you can save over five years and each month with a consumer proposal.
You Pay:
$6,000
You Save:
$0
Consumer Proposal (0% Interest Rate)
You Pay
$6,000
You Save
$0
Debt Consolidation (12% Interest Rate)
You Pay
$8,008
Do Nothing (19% Interest Rate)
You Pay
$9,339
Take the first step
Book a free, confidential, no-obligation consultation – we’ll do the rest
Share your story with one of our supportive debt experts
Review your debt-relief options together
Make a plan to help regain control of your money
Start lowering your debt and easing your stressMy experience with Farber was nothing short of seamless. I was initially unsure and a little nervous because I didn't know what to expect and hadn't used these kinds of services before. Using Farber was one of the easiest things I've ever done in my life. They are with you every step of the way and even after!
I was so apprehensive about this process, but I am absolutely 💯 confident that this was the best move for me, and I am so happy for a fresh new beginning! Just an overall great experience and would recommend them to anyone! 😊
When I first contacted Farber, I was in panic and feeling helpless. They will represent you to your creditors and make sure that with a consumer proposal you get free of debt by making monthly payments that you can afford to pay based on your income.
My life was so stressful knowing I have payment due that I couldn’t pay on time plus with all the phone calls didn’t make matters better, I tried all options with the bank but that didn’t work out, until I reached out to Farber had live chat explaining how to resolve my debt, and for that I’m so grateful.
What made my experience great were the people that worked with me. I can honestly say that the process was made easier and less stressful for me as a result of them. I highly recommend you call them. They are pro's and will make it painless.
We believe that everyone can prosper
With more than 43 years of experience in Canadian debt relief, we’ve helped over 100,000 people just like you build a better relationship with money.
Reduce your debt with a consumer proposal
A consumer proposal is an alternative to the impact of declaring bankruptcy, and unlike a consolidation loan, it will actually reduce your debt. It ensures that you pay only some of the money you owe. The rest of the debt is forgiven–forever.
- Interest charges are frozen
- Stop collection calls and creditor action
- 0% interest on all remaining debt payments
- Monthly payments always based on what you can afford
Our Farber debt experts help you see things like they were before debt–with a personalized solution that’s easy to follow and saves you money.
Frequently Asked Questions
You can do this. We can help.
Debt is a difficult thing to talk about. We know that it’s a hard first step to ask for help, but we’re committed to helping you see how to get out of debt to find the confidence to get started.