The Licensed Insolvency Trustees at Grant Thornton Limited help individuals and companies that are experiencing financial difficulties in Canada. Our team consists of highly qualified individuals that have the proper knowledge, experience, and ethics. We are licensed and regulated by the Federal Government of Canada (Office of the Superintendent of Bankruptcy) to provide debt assistance to individuals and companies.
For individuals, we can help resolve your debt problems by reviewing all of your options, including debt consolidation, consumer proposals, and bankruptcy as a last resort.
For companies, we provide corporate recovery and reorganization services.
When your financial obligations can no longer be met, bankruptcy is a legal option that enables you to get immediate protection from your creditors and have a fresh start.
A Licensed Insolvency Trustee will deal directly with your creditors and notify them of your bankruptcy in order to immediately stop any wage garnishments or collection calls you are receiving.
A consumer proposal is a legal process which enables you to consolidate your debt and make an offer to your creditors to modify your payments or to repay only a percentage of what you owe. A proposal allows you a fresh start without going bankrupt.
A debt consolidation loan gathers your debt into a single amount so that you can repay multiple creditors through one monthly payment. The interest rate is often lower than what your existing creditors offer. If your bank turns you down for a debt consolidation loan, we can help you with other options to get out of debt.