Consumer Proposals & Debt Solutions in Barrie, ON

Reduce unsecured debt and make one affordable monthly payment through a legally binding process administered by a Licensed Insolvency Trustee. Many families use a consumer proposal to make monthly payments more manageable while protecting the assets that matter most, such as their home or a vehicle needed for work. A consumer proposal offers stability, predictable payments, and a clear path forward even when income varies throughout the year.

A fresh financial start for those who cannot repay their debts. Bankruptcy eliminates most unsecured debts and provides immediate legal protection from creditors. The bankruptcy process is administered by a Licensed Insolvency Trustee who explains each step clearly. In Ontario, specific provincial exemptions allow you to keep essential items, including basic household goods, a vehicle up to the provincial limit, and tools needed for work.

Our team helps you plan for slower months, manage expenses during peak seasons, and build long-term financial habits that work even when income changes. Our counselling respects all differences in lifestyles and backgrounds while helping you understand how credit works in Ontario and how to build a more stable financial routine.

Combines multiple debts into one payment, usually through a new loan. While this can simplify budgeting, it doesn’t reduce what you owe and often requires good credit and steady income. We don’t provide loans, but we do help you explore safer ways to consolidate debt and understand better long‑term solutions.

Negotiate a lump sum payment to settle your debt for less than the amount owed. This option is generally limited to people who have access to funds to make the settlement offer. We explain how debt settlement works, what creditors may accept, and how settlement may affect your credit. We also explain the steps involved after a settlement is completed, including rebuilding credit and long-term financial planning.

If you’re overwhelmed by credit card debt, personal loans, or payday loans and you still have some ability to make monthly payments; a consumer proposal could be your best alternative to bankruptcy.

Our team in Barrie will walk you through every step, from reviewing your debts to filing the proposal and supporting you throughout the process.

Consumer Proposal payments are based on what you can afford, your income, assets, debts, and what your creditors agree to accept. There are no upfront filing fees, trustee fees are included in the proposal payments, and interest on included unsecured debts stops when the proposal is filed. Your Licensed Insolvency Trustee will review your financial situation and explain the proposed payment before you decide whether to proceed.

Credit card debt is one of the most common financial struggles, often carrying high interest rates and mounting fees. If you’re facing overwhelming credit card bills, we can help you reduce your debt by up to 80% through a consumer proposal.

A consumer proposal in Barrie allows you to settle your credit card debt for a fraction of what you owe; without interest, collection calls, or the need to declare bankruptcy.

Payday loan debt can quickly spiral out of control due to high-interest rates and aggressive collection tactics. If you’re dealing with payday loan garnishments or constant harassment from payday lenders, a consumer proposal can help you stop garnishments and settle your debts for less.

Our team in Barrie is experienced in handling payday loan debt relief and can work with you to develop a plan that protects your income and eases your financial burden.

If you’re struggling with student loans in addition to other forms of debt, a consumer proposal may help you reduce or consolidate the amount you owe. For many, student loan debt can feel like a lifelong burden, but there are options that can ease your stress and allow you to focus on rebuilding your financial future.

Dealing with the Canada Revenue Agency (CRA) can be stressful, especially if you owe back taxes or have missed payments. A consumer proposal can be an effective way to resolve CRA tax debt, negotiate a manageable repayment plan, and avoid further penalties or interest.