Book an Appointment

Is it time for us to meet?

If you’re thinking about booking an appointment, then you’ve already taken the first step by deciding you need help or advice with your personal or corporate debt. That’s often the most difficult step. We understand and we’re here to help.

The sooner we meet, the greater the likelihood of a positive outcome. Call our toll free number, call the number of the office closest to you, or send us an email by filling in the form below.

We’re looking forward to taking the stress off your shoulders and helping you live life again.

1.877.944.1177







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Our Process

You’ve made the difficult decision to explore personal or corporate debt restructuring and now you’re wondering, “What happens next?”

First, let us say congratulations. It isn’t always easy deciding that you need assistance, but it’s more common than you know and the earlier you start, the better the chance for a positive outcome.

Next, understand that we want to make the entire process as easy and positive as possible. We will never judge or pressure you; we are only here to help.

Our process begins with information gathering. We have a responsibility to collect as many details about your financial situation as possible so we know exactly what we’re dealing with.

After we have collected the information, our team, including a Licensed Insolvency Trustee, will determine the most advantageous option and present it to you, carefully explaining all of the pros and cons.

After that, you are certainly welcome to take the information home and think about it to see if you have any further questions.

When you make the decision to proceed, our experts do the heavy lifting and work with you, side by side, until the project is completed.

Our process ends when your brighter days begin.

Payment Calculator

Easily Compare Payment Plans

The payment calculator is a tool to provide you with a preliminary overview and comparison of the 5 different restructuring plans available for your consideration in determining the restructuring plan that is best for you. The 5 restructuring plans include maintaining regular monthly payments to creditors, consolidation loans, orderly payment of debts, consumer proposals and bankruptcy. The calculator is not comprehensive or exhaustive and is intended for demonstration and discussion purposes only. There are many additional factors and variables that require consideration that are beyond the scope and capabilities of the calculator.

We invite you to contact our office to schedule your free, confidential, no obligation consultation to review your unique financial situation and to further evaluate the restructuring plan best suited to your unique financial situation to eliminate your debt and provide you with the fresh financial start you deserve.

Enter values to review different payment plans.

  • Mandatory fields outlined in red.
  • Mouseover the “?” icon for descriptions.

This calculator uses the following interest rates:

  • Regular repayment: 17%
  • Consolidation Loan: 12%
  • Orderly payments: 5%
  • Consumer proposal: 0%
  • Bankruptcy: 0%
Total Regular Payments:

Fill in form fields to see repayment options.

Consolidation Loan:

Fill in form fields to see repayment options.

Orderly Payment of Debt:

Fill in form fields to see repayment options.

Consumer Proposal:

Fill in form fields to see repayment options.

Bankruptcy:

Fill in form fields to see repayment options.

Ask an Expert

When Faber invites you to ask an expert, we’re talking about our Licensed Insolvency Trustees (LITs). LITs are qualified, federally regulated experts who are held to a high standard of professional conduct and code of ethics when providing services and performing their duties.

LITs are the only professionals authorized to administer government-regulated insolvency proceedings that allow you to be discharged from your debt, such as consumer proposals and bankruptcies.

When you seek advice from an LIT, whether in our offices or online, you can be confident that you are dealing with someone who has the knowledge, experience and skills to be granted a license from the Office of the Superintendent of Bankruptcy.

Any questions?

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5 Tips to Avoid the Holiday Debt Trap

Why do we spend so much at Christmas?

Every year we say we’ll exercise financial restraint and stick to our holiday budget, but the purchases pile up, and we find ourselves further in debt come January.

Sometimes it’s that nagging feeling that we haven’t spent enough on someone special, or we’ve left the Christmas shopping to the last minute and overcompensate by choosing a lavish gift.

The holidays are a common holiday debt trap. And the numbers show that Canadians are preparing to spend their way through the holidays even more generously this year. According to a study by PWC Canada, the average Canadian consumer will spend $1,563 this holiday season—an increase of 3.7 per cent over last year.

If you’re in a strong financial position and you enjoy spoiling family and friends over the holidays, this is probably your favourite time of year. But if you’re trying to avoid a holiday hangover, we have five tips to help you avoid the annual spending frenzy.

1: Make a realistic budget and stick to it.

Yes, you’ve read this in every news story, magazine and financial blog. It’s a cliché because it’s true. A budget is critical. How much have you saved in the months leading up to Christmas, and how much can you comfortably afford to spend?

The reality of your budget may demand that you make some uncomfortable choices this year. The truth is that you need to look after your own wellbeing. If you’re stressed about holiday debt, you probably won’t enjoy the holidays anyway, and you’ll be facing added stress in the new year after the festive season is over.

Figure out what you can spend, and focus on the people and events that are most important to you. Impossible? Hey, we’re just getting started.

2: Share an experience.

We’re extremely fortunate to live in a society in which most people have everything they need. Even the young people on your gift list probably have more toys and gadgets than they actually play with. The bottom line is this: most people don’t need more ‘stuff’.

Is your child an animal lover? Take them to an animal shelter and volunteer to walk the dogs or play with the cats. You can even wrap up some treats for your new furry friends.

Outings such as waterparks, go-carting, rock climbing and skiing provide fun for the whole family. Spend quality time together and create memories that will last a lifetime.

3: Give gifts that are needed.

A gift that is needed is highly valued and shows extra thoughtfulness. Keep your ears open as Christmas approaches and make a note when someone on your list says, “I really need a….” It’s the perfect opportunity to buy a gift that will be treasured—provided that it fits within your budget, of course.

4: Make or bake your gifts.

Time is a very valuable commodity these days. When you give someone a homemade gift, such as art, a craft or baked goods, it shows how much you value your relationship with that person. If you have a creative talent, give a gift from the heart that is both meaningful and budget friendly.

5: Get back to the spirit of Christmas.

Over the decades, Christmas has evolved into a major retail event, but it’s still the time spent together that people remember most.

Instead of buying gifts for friends and office mates, why not host a potluck movie evening over the holidays? If someone has a place in the country, invite the family for an evening bonfire or sleigh ride with carols and hot chocolate. This time of year can be wonderful even without gifts.

Make this the year you turn things around

When the thrill you get from buying an expensive gift doesn’t last as long as the stress of overwhelming bills, it’s time to look for a new way to tell loved ones that you care.

If you’re going into this holiday season already burdened with debt and knowing you’ll be deeper in debt when it’s over, you’re not alone. The good news is there are options available that can eliminate your debt, protect you from creditors and give you back your peace of mind.

It all starts by booking a consultation with one of Faber’s Licensed Insolvency Trustees. There’s no charge and no judgment, and it’s totally confidential. We’ll assess your situation and provide strategies such as debt restructuring, a consumer proposal or personal bankruptcy.

Contact us today to book your appointment. We want you to have fond memories of Christmas 2018 and look forward to a brighter financial future in the new year.

Our Process

You’ve made the difficult decision to explore personal or corporate debt restructuring and now you’re wondering, “What happens next?”

First, let us say congratulations. It isn’t always easy deciding that you need assistance, but it’s more common than you know and the earlier you start, the better the chance for a positive outcome.

Next, understand that we want to make the entire process as easy and positive as possible. We will never judge or pressure you; we are only here to help.

Our process begins with information gathering. We have a responsibility to collect as many details about your financial situation as possible so we know exactly what we’re dealing with.

After we have collected the information, our team, including a Licensed Insolvency Trustee, will determine the most advantageous option and present it to you, carefully explaining all of the pros and cons.

After that, you are certainly welcome to take the information home and think about it to see if you have any further questions.

When you make the decision to proceed, our experts do the heavy lifting and work with you, side by side, until the project is completed.

Our process ends when your brighter days begin.

Payment calculator

Easily Compare Payment Plans

The payment calculator is a tool to provide you with a preliminary overview and comparison of the 5 different restructuring plans available for your consideration in determining the restructuring plan that is best for you. The 5 restructuring plans include maintaining regular monthly payments to creditors, consolidation loans, orderly payment of debts, consumer proposals and bankruptcy. The calculator is not comprehensive or exhaustive and is intended for demonstration and discussion purposes only. There are many additional factors and variables that require consideration that are beyond the scope and capabilities of the calculator.

We invite you to contact our office to schedule your free, confidential, no obligation consultation to review your unique financial situation and to further evaluate the restructuring plan best suited to your unique financial situation to eliminate your debt and provide you with the fresh financial start you deserve.

Enter values to review different payment plans.

  • Mandatory fields outlined in red.
  • Mouseover the “?” icon for descriptions.

This calculator uses the following interest rates:

  • Regular repayment: 17%
  • Consolidation Loan: 12%
  • Orderly payments: 5%
  • Consumer proposal: 0%
  • Bankruptcy: 0%

Total Regular Payments:

To see your debt repayment options please enter values in the form above.

Consolidation Loan:

To see your debt repayment options please enter values in the form above.

Orderly Payment of Debt:

To see your debt repayment options please enter values in the form above.

Consumer Proposal:

To see your debt repayment options please enter values in the form above.

Bankruptcy:

To see your debt repayment options please enter values in the form above.

Ask an Expert

Book an Appointment

Is it time for us to meet?

If you’re thinking about booking an appointment, then you’ve already taken the first step by deciding you need help or advice with your personal or corporate debt. That’s often the most difficult step. We understand and we’re here to help.

The sooner we meet, the greater the likelihood of a positive outcome. Call our toll free number, call the number of the office closest to you, or send us an email by filling in the form below.

We’re looking forward to taking the stress off your shoulders and helping you live life again.

1.877.944.1177







This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.