regain peace of mind
Our consultants will guide you through a
proven and affordable debt relief program,
to end your debt stress.
3 easy steps to debt relief
Step 1
No obligations, risk free, consultation
A skilled member of our debt support team will reach out to you through a phone call, text message, and an email.
Step 2
Review your options and create a plan
We will discuss your financial circumstances and walk through the debt relief options including the benefits and drawbacks of various scenarios.
Step 3
Complete documents and begin the process of debt relief
We assist you in compiling the necessary documents to begin the debt relief process. Once your paperwork is prepared, you'll have an appointment with an administrator of the program to finalize and sign the documents.
There is no reason to struggle alone, if you're stuck, ask for help
LEARN MORE ABOUT THE PROCESS
How long does it take?
The process can typically be completed in approximately 7 days.
Who qualifies?
Canadian Residents with an income source, who have between $10,000 - $250,000 in unsecured debt.
What types of debt are eligible
Our Professional Debt Relief Partners can include most unsecured debt like credit cards, loans, lines of credit, overdrafts, old utility bills and tax debt. Debts that cannot be included are secured debt like mortgages, car loans, legal penalties, child support and student loans.
Will this impact my credit
If you are enrolled in a debt relief program, then your payments to lenders will be negotiated to a more suitable level that meets your ability to pay. Your credit score will be negatively affected the same as if you have missed payments or stopped paying on your debts. It will remain on your credit report for 1 year after the 5-year period or 3 years from the date you completed paying whichever comes first.
It is important that you regard a Consumer Proposal as a positive step and the effect on your credit score is temporary.
Clients show improvements after approximately 1 year provided you don’t miss payments during this time or miss any other account payments you are making. There are steps we can recommend to rebuild your credit quickly. However, Lower Debt Solutions has no impact or control on how the Credit Reporting companies report or rate a persons credit score.
Find out how Lower Debt Solutions
can work for you
Pay less each month
Reduce what you owe
Get rid of debt faster than making minimum payments
Or talk with a debt consultant on 1-587-
