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Get Connected with a Trustee and Get out of Debt

Our Trustees can be relied upon to help you find debt relief.
Making plans for your debt helps lift some of the burden.

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“I just received my automatic discharge and want to thank the trustees for providing their expertise and all that they do on this phenomenal site!”

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We’ve Helped Over 105,000
People Like You Since 2004
440+ Convenient Locations
Across Canada
Our Trustees Have Resolved
Over $18,500,000 Client Debt

Overwhelmed by Debt Problems?

Don’t go through it alone or feel embarrassed - we can help

  • Stop collection calls
  • Stop wage garnishment
  • Eliminate late fees
  • Consolidate your bills into
    easy monthly payments
  • Pay off your debt faster
  • Get your life back on track

Get a Free Debt Analysis & Path to Becoming Debt-Free

  • Explanation of your options
  • Personalized plan for dealing with your debt
  • No fees and no obligation
  • Confidential
  • Perspective and peace of mind

Schedule a free consultation with a licensed and experienced insolvency trustee now.

Bankruptcy Definition

Bankruptcy is a legal process under the Bankruptcy and Insolvency Act ("the "BIA") that is intended to provide financial assistance in the form of relief for individuals, corporations, partnerships, and some types of trusts with overwhelming debt loads, by way of a stay of proceedings which halts creditors’ legal actions. This stay of proceedings prevents any unfair advantages of one creditor over another.

Bankruptcy can be used to seek relief from all or part of a debt. Bankruptcy is usually imposed by a court order. This is often initiated by the debtor.

The bankruptcy process starts with the filing of a petition by the debtor (which is the most common), or on behalf of creditors (which is less common). The debtor's assets are assessed and measured. Some assets can be used to repay some of their outstanding debt.

Frequently Asked Questions

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The Bankruptcy-Canada Advantage

Graeme Hamilton - LIT with Spergel - Licensed Insolvency Trustees (Toronto)

The Most Knowledgeable & Experienced Licensed Insolvency Trustees

A Licensed Insolvency Trustee (LIT) is the only professional authorized by the Canadian government to administer Bankruptcy or Consumer Proposal. As a consumer, you can be confident that a Trustee has the training, experience, and understanding to help you solve your debt problems.

If you are troubled by debt and are seeking answers, we invite you to browse our website’s comprehensive collection of articles, which have been prepared and reviewed by Trustees. You will find answers to many of your initial questions right here.

Bankruptcy-Canada can also link you with a LIT in your area. We deal with trusted firms across the country. Browse the information on our website, and then let a Trustee take you through the next steps. Regardless of your situation, a better financial future is possible. Your first appointment will be free.

  • MNP LLP
  • Goth & Company Inc
  • Cameron Okolita Inc.
  • Spergel - Licensed Insolvency Trustees (Toronto)
  • Bromwich+Smith Inc.
  • Allan Marshall & Associates
  • Smythe Insolvency Inc.
  • Janes & Noseworthy Ltd
  • Pierre Roy & Associés
  • C. Buhler & Associates - Licensed Insolvency Trustees
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“Options were offered and excellent service and knowledge provided.  Step by step process info and very professional. Made everything seem easy without any problems and taking step by step with explanations. Very pleased and grateful through this sad time. Robert S.”

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“I am so glad I have found this website. Thank you so much for what you do here!”

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“Thank you for this site. I received my discharge papers from my Trustee last week. Over the past 9 months, I have visited this site on a daily basis and it has been a huge help. I really appreciate this site and will continue to come back and read. For all of you out there that are fearing what the future holds for you before, during and after filing please take a deep breath and know that everything will work out for the best. Your life is not over… it is just beginning. Andre C. Montreal Quebec”

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“This is one of the most informative sites I’ve seen. The answers I've found here are as straight forward as possible, without trying to dance around the question. Thank you very much!!!”

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“Thank you for your help! Your site has been very informative, and we have now had a meeting with a trustee. Melanie R. Toronto, Ontario”

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“Thank you for answering all my questions. This is a GREAT site, and will recommend it to others. Much appreciated.”

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