Debt Relief Ontario

Discover the debt relief options that can accelerate your journey towards a debt-free life.

Amazing! So grateful! Thank you for helping me and cutting my debit in half as well as stopping interest and assisting me in affordable payments towards a clean bill of credit!

What is your current debt level?

Letting us know how much debt you current owe helps give us a picture of your current financial situation.

Freeze all interest and charges

One affordable low monthly repayment

Safe, secure & confidential

Debt relief programs available in Ontario

There are a range of debt management programs that can help you

If you’re dealing with levels of unsecured debt you can’t afford to repay, it can cause incredible stress. The good news is that there are debt relief programs available in Ontario that can provide you with the assistance you need to regain control of your financial situation. 

These programs are designed to help individuals and families facing overwhelming debt by offering viable solutions to reduce or eliminate their debt burden.

Finding the right debt relief program is a process that requires careful consideration. Every individual’s financial situation is unique – that’s why we are committed to providing personalized assistance to help you find the most suitable debt relief program for your needs.

Credit Counselling


Consumer Proposal

Debt Consolidation

How we can help you with debt in Ontario

You’ve taken the first step to regain control of your finances. Here’s what happens next.

Fill out the form and add a few details to give us an idea of your current situation.

One of our advisors will be in touch to offer guidance on the solutions available to you.

We’ll put in place a debt relief program that helps you get back on track.

Debt Solution Finder

Your total debt:

“I’m really grateful to the entire team at A. Fisher and Associates. They got in touch with me quickly, treated me with understanding, and their professional approach provided me with a sense of comfort and confidence at a challenging time. I’m now looking forward to a debt-free future and I can’t thank them enough for their support.”

Avery Stewart

Your Ontario debt experts

With so many options available, you need guidance to find the right solution for you

Get the advice you need to take control of your finances

Looking for debt relief can feel overwhelming and complicated, especially if you have creditors hounding you for payments. It’s essential to have the right support and guidance to navigate through the available options.

Here at A. Fisher and Associates, we understand the stress and worry that debt can bring. With over 70 years of combined experience in debt management, we specialize in debt solutions that put you back in control of your situation and allow you to move forward with confidence.

No matter if you’re struggling with credit card debt or unpaid utility bills, our team at A. Fisher and Associates has a solution for you. As Licensed Insolvency Trustees, we have the knowledge to improve your financial understanding and the qualifications to put in place a plan that gets to the heart of the issue.


Frequently Asked Questions

Debt relief refers to various strategies and programs designed to help individuals and families struggling with overwhelming debt. These solutions aim to reduce the burden of debt, negotiate with creditors, and provide a path towards financial stability. 

Debt relief options in Ontario include debt consolidation, debt settlement, consumer proposals, and bankruptcy.

A Consumer proposal is a formal debt settlement arrangement regulated by the federal government. It allows you to make one affordable monthly payment to your creditors based on your income and assets. 

This option may be suitable if you have a stable income and want to avoid bankruptcy. To determine if a Consumer proposal is right for you, it is recommended to consult with a Licensed Insolvency Trustee who can assess your situation and provide personalized advice.

No, a Consumer Proposal needs to be set up with a Licensed Insolvency Trustee (LIT). LITs are licensed professionals authorized by the government to administer debt relief programs and guide individuals through the process. 

They have the expertise and legal authority to negotiate with your creditors and develop a suitable debt management plan based on your financial circumstances.

Yes, there are government debt relief programs available in Canada. However, debt forgiveness programs are rare and typically limited to specific circumstances, such as extreme financial hardship or specific types of loans, like student loans. 


In Canada, debt relief grants or programs provided by the government are generally not widely available, however it is possible to write off a portion of your total debt using a Consumer Proposal. You should consult a Licensed Insolvency Trustee if you’re wondering whether this is the best option for you.

Using debt relief services can have an impact on your credit rating. Debt relief options like Consumer proposals and bankruptcy will be noted on your credit report for a certain period of time – three years since the date it’s marked ‘satisfied’ in the case of a consumer proposal. 

However, it’s important to remember that if you’re already struggling with overwhelming debt and missed payments, your credit rating may already be affected. 

Working with a reputable debt relief company can help you rebuild your credit over time once you regain financial stability.

The suitability of a debt consolidation loan versus a Consumer Proposal depends on your individual circumstances. A debt consolidation loan combines multiple debts into a single loan with one monthly payment. It may be a suitable option if you have good credit and can secure a loan with favorable terms. 


A Consumer Proposal, however, offers a formalized debt settlement arrangement, allowing you to reduce your overall debt amount and make affordable monthly payments. Consulting with a Licensed Insolvency Trustee can help you determine the best course of action based on your specific financial situation.

The cost of using a debt repayment program varies depending on the program you choose. For example, debt consolidation loans may have interest charges and fees associated with the loan. In the case of a Consumer Proposal, you will need to pay fees to the Licensed Insolvency Trustee (LIT) for administering the program. 


The cost structure will be explained to you by the LIT during the consultation process. Additionally, some programs may offer the option to repay the debt using a lump sum payment if you have access to the necessary funds.