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Everyone was extremely professional. You did not judge me or my circumstances and you've brought me back on track very efficiently. Thank you.

- Grant Thornton client

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Everyone was extremely professional. You did not judge me or my circumstances and you've brought me back on track very efficiently. Thank you.

- individual we've assisted

» Read success stories

 

Informal debt settlement

With informal debt settlement, creditors expect you to present them with a plan outlining how you can pay them back. Creditors will often negotiate with you, as their goal is to obtain the money that is owed to them. Explain your financial situation honestly and submit a realistic proposal with a reasonable payment schedule.

If you have more than one creditor you will need to negotiate with each of them individually. Sometimes they can be difficult to connect with or to obtain a response from. You may find that some of your creditors will accept your informal proposal but others may refuse.

Keep in mind — if you negotiate a longer payment schedule with one or more of your creditors you will likely pay more interest.

Our team of professionals can help you explore the best solutions to your debt problems based on your unique situation.

Contact Us

979 Alloy Drive, 3rd Floor
Thunder Bay, Ontario   P7B 5Z8

T +1 807 345 6571
F +1 807 346 7304
TF 310 8888

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