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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.

    Student Loan Debt

    A post-secondary education is a valuable investment for your future that can provide more job opportunities and help to develop your career. However, many Canadians cannot afford to pay for schooling without the assistance of a government student loan.  With fluctuations in our economy, finding or maintaining employment in an area of your study can be challenging. Other factors such as illness or injury may also make it difficult to pay down your student loan.

    The Canada Revenue Agency (“CRA”) collects Canada Student Loans and may also collect Provincial Student Loans that are in arrears.  The CRA has very broad and extensive powers to recover amounts owed for unpaid student loans.  In addition to your credit rating being negatively affected or your student loan being assigned to a collection agency or your becoming ineligible for further student loans, the CRA may pursue the following collection activity:

    1.  Set-Off

    The CRA may set-off amounts owed to you by the federal government such as goods and services rebates or income tax refunds to pay amounts that you owe for a Student Loan.

    2.  Requirement to Pay or Garnishment

    A Requirement to Pay (“RTP”) or garnishment may be issued by the CRA to a third party (bank or employer) to garnishee your bank account, wages or other income such as commissions, bonuses or vacation pay.

    3.  Debt Certification with Federal Court of Canada

    The CRA may register your Student Loan debt with the Federal Court of Canada to obtain a certificate of the amount you owe.  The certificate is like a judgement which makes your student loan debt a public record.  The certificate enables the CRA to register your debt at Personal Property Registry, register a Writ against your residence, recreational property, investment property, car or recreational vehicle.

    4.  Seizing and Selling Assets

    Once the CRA registers your Student Loan debt with the Federal Court it has the power to seize and sell your assets such as your home, recreational property, investment property, car or recreational vehicle through a court enforcement officer.  The proceeds from the sale of your assets will be applied to your Canada Student Loan debt.

    If it has been more than seven (7) years since you last attended a post secondary institution your student loan will be included in a consumer proposal or personal bankruptcy debt restructuring plan.

    If it has been more than five (5) years and less than seven (7) years since you last attended a post secondary institution the Court will determine whether your student loan will be released in a consumer proposal or personal bankruptcy debt restructuring plan.

    If it has been less than five (5) years since you last attended a post secondary institution your student loan will survive a consumer proposal or personal bankruptcy debt restructuring plan.

    Student loan debt giving you a less than average grade?

    Don’t worry. Call us today to discuss your options in dealing with student loan debt and determine what debt restructuring plan is right for you.

    Thank you very much for all your help and giving us pointers.

    Marguerite and Jeff

    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








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