Search site            Home     About us     Contact us     Ask an expert     Forms     Corporate recovery      


After speaking with our Licensed Insolvency Trustee, Karen, my wife and I felt like a weight had been lifted from our shoulders.

- Grant Thornton Limited client

» Read success stories

Your assistance, encouragement and direction have propelled me unto a bright world full of hope.

- individual we've assisted

» Read success stories

Debt solutions

If you need debt help in Calgary, Edmonton, or throughout Alberta, there are several options available to assist. Everyone's situation is unique and we can help you explore all possible debt solutions before you make any decisions. Our professional team is understanding, respectful and here to help.

1. Consumer Proposal

Depending on the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule that works for you.

» Learn more about consumer proposals

2. Bankruptcy

When your financial obligations can no longer be met this legal option enables you to get immediate protection from your creditors and have a fresh start.

» Learn more about bankruptcy

3. Contact your creditors

Communicate with creditors and explain your situation.

» Learn more about contacting your creditors

4. Debt consolidation loan

Debt consolidation gathers your debt into a single loan so that you can repay multiple creditors through one monthly payment. The interest rate is often lower than what your existing creditors offer. This service is generally provided by your bank or financial institution.

» Learn more about debt consolidation

5. Informal debt settlement

With informal debt settlement, creditors expect you to present them with a plan outlining how you can pay them back; there are many considerations, variables and potential challenges to be aware of.

» Learn more about informal debt settlement

6. Orderly Payment of Debt (OPD)

An OPD is also referred to as a Consolidation Order and is an Order from either the Court of the Queen's Bench (Alberta) or Her Majesty's Court of the Queen's Bench (Saskatchewan). This program is available in Alberta, Saskatchewan, Prince Edward Island and Nova Scotia.

» Learn more about orderly payment of debt

7. Credit Counselling

In situations where debt is low but repayment is becoming unmanageable help from a credit counselling agency may be an option. Non-profit credit counselling organizations contact creditors on your behalf. They also provide education and counselling on personal budgeting strategies and how to avoid debt.

» Learn more about credit counselling

We can help

Our Licensed Insolvency Trustees (formerly called Trustee in Bankruptcy or Bankruptcy Trustee) and Estate Managers believe everyone deserves a financial fresh start, while being treated with dignity and respect. We have offices conveniently located in Calgary, Edmonton, throughout Alberta, and across Canada.

To speak to someone now call us at 310-8888 for a free, no obligation, confidential consultation.


833 - 4 Ave SW, Suite 900
Calgary Alberta T2P 3T5
T 310-8888
3 other Calgary locations
13 Alberta locations

1701 Scotia Place Tower 2
10060 Jasper Avenue
Edmonton, Alberta T5J 3R8
T 310-8888
3 other Edmonton locations
13 Alberta locations


All locations

© 2017 Grant Thornton Limited, Licensed Insolvency Trustees. All rights reserved.

back to Bankruptcy Alberta home

Confidential callback from one of our bankruptcy and debt help experts

Please call me

As soon as possible
Today at
Next business day at

My Phone # 



Ask for  


back to Bankruptcy Alberta home

Make an appointment


- -


Preferred Date (dd/mm/yy)