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Text Content

phone 1-855-BDO DEBT
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How we help
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How we help Solutions Tools Advice Locations Select site language - mobile
English Français Book a free consultation


LIVING DEBT-FREE
STARTS HERE

WE CAN HELP YOU GET BACK ON TRACK

Book a free consultation



WE CAN HELP YOU EXPLORE ALL DEBT SOLUTIONS

--------------------------------------------------------------------------------

At BDO we're committed to helping you find the right debt solution. Book your
free initial consultation and we'll provide an overall assessment of your
financial situation and explain all your available debt solutions.

Sometimes all you need is debt counselling or help building a budget. Other
times you may need more immediate debt relief in the form of consolidation or
debt forgiveness. Everyone's circumstances are different, but no matter what
your financial situation, our team of debt professionals and Licensed Insolvency
Trustees (LIT) can help guide and support you so that you can confidently find
the best path forward. 




LET'S PUT AN END TO YOUR DEBT STRESS!



WE'LL ASSESS YOUR FINANCES AND HAVE A PRACTICAL, JUDGEMENT-FREE CONVERSATION
ABOUT ALL YOUR AVAILABLE OPTIONS SO YOU CAN REGAIN CONTROL OF YOUR FINANCES AND
HAVE A BETTER NIGHT'S REST!

1-855-BDO-DEBT



Book a free consultation


OUR DEBT SOLUTIONS


DEBT COUNSELLING

--------------------------------------------------------------------------------

Sometimes all you need is budgeting advice, or guidance on credit counselling &
debt consolidation.

More on debt counselling


CONSUMER PROPOSAL

--------------------------------------------------------------------------------

If you're struggling, we can renegotiate your debt and lower your monthly
payments by up to 80%.

More on consumer proposal


BANKRUPTCY

--------------------------------------------------------------------------------

When you're no longer able to repay your debt, we can provide a fresh start and
immediate relief.

More on bankruptcy


HOW WE'VE HELPED

Our clients say it best. Hear from people we've helped about their financial
recovery journey and their experiences with BDO.

“

Being an immigrant is hard, to start your life and career has been a struggle.
For years I've been drowning in debts and been trying to stabilize my finances.
I was afraid in the beginning but with the help of my agent Michael Comrie, he
gave me hope. He talked with lots of knowledge and confidence that made me feel
I was doing the right thing. I should've done it before, probably I'm more
financially independent by now. No more heavy monthly payments. I get to
experience my paycheck without the burden of putting all of my hard earned money
to my debt. Thanks Mike for helping me free myself of all my stress.

R.B.

North York

“

My Licensed Insolvency Trustee and team were compassionate and understanding of
my situation and helped create a solution that worked for me. BDO as a whole
offered great resources to understanding my options, and their national reach
allowed me to connect with a local office after moving so I didn't have to
travel hours for in-person meetings when needed. Overall I'm elated to have
chosen to work with BDO.

S.L.

Sarnia

“

Anyone going through rough times due to inflation, health reasons, loss of job
or anything like the saying "robbing Peter to pay Paul" should realize these are
hard times and your financial situation is typical of many Canadians these days.
A free consultation with BDO will be really helpful. There is no judgment, only
honest people there to listen and help. Life is life and things happen. Yvette
Power helped us choose the right option for us. I can honestly spend less time
worrying about how we will meet our daily/monthly obligations. Thank you,
Yvette!

R.L.

Newfoundland

“

A few words to express my gratitude to the team at BDO for making my experience
with them from day one to the end of the journey a pleasant one. If only I had
found them earlier, life would have been less stressful. Once I forwarded all
the needed applications, information and documents to them it was a quick
process. Everyone is understanding and not judgmental. Things progressed so
smoothly that I was able to complete the payback period much sooner than
expected. I would recommend BDO in a heartbeat. "

Anonymous, Quebec

Montreal

“

I would like to personally thank the BDO team for supporting me through a very
stressful time in my life. There was no judgement and I felt very supported.
What was a very scary time for me turned into a positive experience and they
gave me the tools to move forward.

B.S.

Regina

“

Approaching debt is a stressful venture and for a first time debtor like myself
it can be quite intimidating. I am so grateful and pleased that I contacted
Micheal Comrie and his team at BDO. They made the process of handling my debt a
far less stressful procedure, and they answered all my (many) questions along
the way with quickness and friendliness. Joe Bette, the credit councillor, was
very informative and friendly to deal with as well. I am so very impressed with
the entire team at BDO and if you have any issue with debt at all, I highly
recommend giving this team a call.

J.L.

Ontario

“

I walked into BDO feeling anxious, scared and embarrassed. I was treated with
the utmost respect and a sincere understanding of my financial situation without
being judged. I got excellent advice for my current situation, ongoing
assistance through the whole bankruptcy process and professional training and
advice for a healthy financial recovery. Thanks to the team at BDO, less than a
year after filing bankruptcy I am in a great financial state, with good credit.
Thank you BDO.

Leslie Jones

North Bay

“

When I needed guidance and clarity the staff was always there and very prompt in
getting back to me. I was cared for and respected in the recovery of my
financial state. Thank you for your time and help during that difficult time.

Amanda

Newfoundland

“

Being an immigrant is hard, to start your life and career has been a struggle.
For years I've been drowning in debts and been trying to stabilize my finances.
I was afraid in the beginning but with the help of my agent Michael Comrie, he
gave me hope. He talked with lots of knowledge and confidence that made me feel
I was doing the right thing. I should've done it before, probably I'm more
financially independent by now. No more heavy monthly payments. I get to
experience my paycheck without the burden of putting all of my hard earned money
to my debt. Thanks Mike for helping me free myself of all my stress.

R.B.

North York

“

My Licensed Insolvency Trustee and team were compassionate and understanding of
my situation and helped create a solution that worked for me. BDO as a whole
offered great resources to understanding my options, and their national reach
allowed me to connect with a local office after moving so I didn't have to
travel hours for in-person meetings when needed. Overall I'm elated to have
chosen to work with BDO.

S.L.

Sarnia

“

Anyone going through rough times due to inflation, health reasons, loss of job
or anything like the saying "robbing Peter to pay Paul" should realize these are
hard times and your financial situation is typical of many Canadians these days.
A free consultation with BDO will be really helpful. There is no judgment, only
honest people there to listen and help. Life is life and things happen. Yvette
Power helped us choose the right option for us. I can honestly spend less time
worrying about how we will meet our daily/monthly obligations. Thank you,
Yvette!

R.L.

Newfoundland

“

A few words to express my gratitude to the team at BDO for making my experience
with them from day one to the end of the journey a pleasant one. If only I had
found them earlier, life would have been less stressful. Once I forwarded all
the needed applications, information and documents to them it was a quick
process. Everyone is understanding and not judgmental. Things progressed so
smoothly that I was able to complete the payback period much sooner than
expected. I would recommend BDO in a heartbeat. "

Anonymous, Quebec

Montreal

“

I would like to personally thank the BDO team for supporting me through a very
stressful time in my life. There was no judgement and I felt very supported.
What was a very scary time for me turned into a positive experience and they
gave me the tools to move forward.

B.S.

Regina

“

Approaching debt is a stressful venture and for a first time debtor like myself
it can be quite intimidating. I am so grateful and pleased that I contacted
Micheal Comrie and his team at BDO. They made the process of handling my debt a
far less stressful procedure, and they answered all my (many) questions along
the way with quickness and friendliness. Joe Bette, the credit councillor, was
very informative and friendly to deal with as well. I am so very impressed with
the entire team at BDO and if you have any issue with debt at all, I highly
recommend giving this team a call.

J.L.

Ontario

“

I walked into BDO feeling anxious, scared and embarrassed. I was treated with
the utmost respect and a sincere understanding of my financial situation without
being judged. I got excellent advice for my current situation, ongoing
assistance through the whole bankruptcy process and professional training and
advice for a healthy financial recovery. Thanks to the team at BDO, less than a
year after filing bankruptcy I am in a great financial state, with good credit.
Thank you BDO.

Leslie Jones

North Bay

“

When I needed guidance and clarity the staff was always there and very prompt in
getting back to me. I was cared for and respected in the recovery of my
financial state. Thank you for your time and help during that difficult time.

Amanda

Newfoundland

“

Being an immigrant is hard, to start your life and career has been a struggle.
For years I've been drowning in debts and been trying to stabilize my finances.
I was afraid in the beginning but with the help of my agent Michael Comrie, he
gave me hope. He talked with lots of knowledge and confidence that made me feel
I was doing the right thing. I should've done it before, probably I'm more
financially independent by now. No more heavy monthly payments. I get to
experience my paycheck without the burden of putting all of my hard earned money
to my debt. Thanks Mike for helping me free myself of all my stress.

R.B.

North York

“

My Licensed Insolvency Trustee and team were compassionate and understanding of
my situation and helped create a solution that worked for me. BDO as a whole
offered great resources to understanding my options, and their national reach
allowed me to connect with a local office after moving so I didn't have to
travel hours for in-person meetings when needed. Overall I'm elated to have
chosen to work with BDO.

S.L.

Sarnia

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DEBT-TO-INCOME RATIO CALCULATOR

How do you know if you have too much debt? A simple metric for assessing debt is
the debt to income ratio (DTI). A DTI of more than 40% is considered a threshold
of too much debt.

Monthly debt $ / Monthly income $

Calculate





WHY OUR CLIENTS CHOOSE BDO?

JUDGEMENT-FREE ADVICE

Talking about debt can be intimidating, so we ensure you feel supported every
step of the way.

SOLUTIONS TAILORED FOR YOU

We take the time to explore all debt relief options, so you can choose the best
one for you.

HELPING CANADIANS SINCE 1958

With 120+ offices and 60+ years of experience, we're ready to help in your local
community.


WE'LL FIND SOLUTIONS TO YOUR DEBT PROBLEMS



Talking about money can be uncomfortable & intimidating, which is often enough
to prevent you from getting the help you need.

At BDO, we believe that judgement-free, compassionate support goes a long way to
making that first step just a little bit easier. We know that debt problems can
happen to anyone and there's no shame in seeking help.



Find your local office


WANT TO UNDERSTAND ALL YOUR DEBT-RELIEF OPTIONS?

Book a free consultation

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