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Debt can happen to anyone. We’ll help you find the right solution to get back on track.
A consumer proposal is a great option for people struggling with debt who can repay a portion of what they owe.
Grant Thornton Limited is one of the largest consumer insolvency firms in Canada. We offer a range of debt help services, including consumer proposals, bankruptcy, and free consultations.
We’re helping Canadians take control of their finances and live happier, debt-free lives.
I was treated with kindness and respect during a difficult situation that was hard to maneuver on my own. I couldn't have made this fresh start without them. The trustees and associates and everyone involved made the experience as seamless and painless as possible. I highly recommend this business if you are struggling financially and need some guidance. I am over the moon pleased with Grant Thornton Ltd.
— Angelique W, Vancouver, BC
I was waiting so long dreading the call, but I put my shame aside and called. The lady that picked it up was a saint. She made it so easy, and I could tell she cared about me as a person and not a number. Thanks to the Grant Thornton team. Cheers!
— Mik, Passage, NS
They were always available, even during COVID-19, and responded to me with quick and concise answers to any and all of my questions. The kindness I was shown by the staff & Trustee of the Thunder Bay office was unmeasurable. They made my decision one of the best I could have made!
— Donna M, Atikokan, ON
My debt has been such a huge weight on my shoulders over the last few years. Finally, I made the move to deal with it. I am so happy I chose Grant Thornton, and extremely satisfied and over the moon happy to have their help. They made the process so much easier. Very knowledgeable and always readily available. Thank you so much for all your help.
— Darlene S, Calgary, AB
Our Licensed Insolvency Trustees and debt professionals will explore your options and help you find the right solution to become debt free.
A consumer proposal is a legal repayment agreement negotiated with your creditors to settle your unsecured debt (credit cards, income tax, etc.). Your trustee will work with you to offer creditors a percentage of what is owed, and/or modify repayment terms based on what you can afford.
Debt consolidation and consumer proposals are both ways to simplify debt payments. Consolidation loans combine debts into one monthly payment, but they may have high interest rates and fees, and you must repay 100% of the debt.
Consumer proposals are administered by Licensed Insolvency Trustees and offer lower monthly payments with the possibility of reducing your unsecured debt by up to 80%. They also have more favourable terms with 0% interest.
If you don’t have joint debt, your family will not be affected. If your spouse has co-signed or endorsed your debt, they will be equally responsible. Children aren’t affected by a consumer proposal, and you’ll continue to receive child benefit payments (if applicable).
Looking for tax, audit, and business advisory services? Visit Grant Thornton LLP Canada.
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