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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.

    Buried in Debt: How to Know It’s Time to Talk with an Insolvency Professional

    For years, you’ve been completely independent, able to pay all your bills on time. But now, your life has been thrown for a loop, and you find yourself in a desperate financial situation.

    Although it takes a lot of humility to do so, remember that it’s okay to ask for help. When you can’t handle your debt on your own, the best way out is to consult with a professional.

    How do you know it’s time to turn to an insolvency firm? Here are some signs.

    You can’t meet your basic needs:

    • You’re falling behind on living expenses
    • You’re starting to use only credit to pay for basic living needs
    • You borrow money to pay for living expenses
    • You can’t support your dependents (spouse, children, or elderly parents)
    • After making your credit card and loan payments, you don’t have enough left for basic living expenses

    You can’t keep up with your bills:

    • You’re living from pay cheque to pay cheque
    • You’re receiving endless calls from creditors, bill collectors, and collection agencies
    • You make only minimum payments on your credit cards
    • You are constantly using your overdraft
    • You can’t keep up with your mortgage payments
    • You’ve started borrowing from your retirement fund

    You’re experiencing significant consequences of debt:

    • You keep trying to pay off your debts but the balances won’t go down
    • You have little or no savings
    • Your debts are causing you significant physical and emotional stress
    • You owe more money than the value of your assets
    • Your wages are being garnisheed or your assets have been seized

    If several of these signs are true for you, it’s time to visit an insolvency firm. Typically, you’ll meet with a trustee to discuss your options. Bankruptcy may be your best option, but it’s not the only one. It may be best for you to consider one of the following:

    • Debt Consolidation Loan: You obtain a loan to pay off your creditors in full and then make a monthly payment to your bank.
    • Credit Counselling: A professional will advise you on money management techniques and budgeting strategies.
    • Orderly Payment of Debt: The court grants an order to consolidate your unsecured debt; you make a monthly payment to Money Mentors, who distributes the debt.
    • Consumer Proposal: You make a negotiated settlement to pay your debts over a specified period of time.
    • Bankruptcy: If the above options are not ideal for your situation, filing for bankruptcy is often the most effective solution.

    If you’re in Alberta, visit one of the offices of Faber. Our team of professionals are highly experienced and can help you break free from debt and regain financial stability.

    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.

    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.