There are a variety of debt solutions available depending on your individual circumstances, and Creditfix can give you the best advice to decide what the best way forward is. Choosing a debt solution can be confusing, so we’ve briefly explained your options below. Click on a solution to learn even more.
A consumer proposal is a formal agreement between you and your creditors and is a matter of public record under the Bankruptcy and Insolvency Act.
Personal bankruptcy is a legal process to obtain relief from unsecured debts while treating creditors equally and fairly.
Debt consolidation is a method of combining multiple debts into one
A Debt Management Plan (DMP) is an informal, agreement that consolidates unsecured debts and allows you to make monthly payments to a credit counselling agency to repay your creditors.
A Debt Settlement is a formal arrangement to reduce unsecured debts over $10,000 by as much as 70%.