What services do we offer?

At Become Debt Free Canada we offer our clients debt management solutions that are tailored specifically to each individuals unique financial situation, we then provide a structured program that allows our clients to fulfill their financial obligations to each of their creditors.

Debt Management Program

This program provides clients with a structured repayment plan that conveniently combines all payments into one monthly payment. The DMP will typically reduce or eliminate interest rates, late charges along with other penalties and most importantly eliminate collection calls. This service generally requires clients to fulfill their financial obligation for a period of three months in order to demonstrate to their creditors that they are serious about the repayment program before any benefits are applied by their various creditors.

Debt Settlement Program

This program allows clients the opportunity to settle outstanding debts for a fraction of the overall debt amount. As with a Debt Management Program each settlement is unique and based upon many factors with each individual's situation. Settlements are typically able to reduce your debt by 40-60%. If we are unable to reduce your debt you pay no fee!

Consumer proposals and Bankruptcy

Sometimes after assessing your financial situation neither a Debt Management Program nor Settlement program will be a realistic option. In these cases a consumer proposal or bankruptcy may prove to be a good alternative. We work together with local law offices and trustees across Ontario to make either process if necessary as easy as possible on both you, and your family.

In order to determine which option will best suit your current financial situation it is recommended that you discuss everything with one of our certified debt specialists to select the best viable option.