Debt Settlement

Information Relating to Debt Settlement

How Debt Settlement Works - Reduce Your Debts

Rule #1:
You're In Control.
Canada Debt Settlements will never ask for your power of attorney or consent to alter your arrangements with your creditors. We simply contact your account holders to negotiate lump sum payouts on your behalf for the maximum savings possible considering your situation. All offers are presented to you for acceptance and approval to pay - you are informed of all deals as they happen and remain involved in the process throughout.

Debt Settlement

The process of debt-settlement, for the qualified consumer, is an innovative alternative to insolvencies such as a Consumer Proposal and personal Bankruptcy Protection, and Orderly Payment Programs such as credit counseling services. Debt Settlement typically involves only unsecured debt and involves the process of direct negotiations with the consumer's creditor(s) or their agencies on the basis of the financial viability of the consumer. The objective of this process is to reduce the principle debt amount significantly so that alternative options are avoided, and the consumer resolves their financial obligations amicably. While monthly payment programs are available, Canada Debt Settlements specializes in lump-sum settlements.

About Note about Foreign Debt Settlement Companies

Consumer Alert for Canadians researching Debt Settlement companies:

Recently, changes in U.S. consumer protection policy has forced many "debt-reduction" companies to close their doors. Unfortunately, many of these "debt-reduction" elements have begun targeting and marketing to Canadian consumers seeking help with their debt. Canada Debt Settlements Inc. encourages all Canadian consumers to be vigilant when exploring their debt-reduction options.Some helpful, key questions will allow the consumer to better understand with whom they are dealing:

  1. Are you licensed to work in Canada?
  2. Is you company incorporated in Canada?
  3. Are you licensed by the respective consumer protection branch in my province?
    • If so, what is your license number?
  4. Where is your office located?
  5. Is there a refund policy, and which Ministry governs you?
  6. Can I see some testimonials?
    • look at source location if testimonial(s) available

When seeking relief from debt, it can be very tempting to engage with an organization that has all of the answers. However, ensuring that you are dealing with a provincially-licensed and bonded company will provide you with recourse, should any problems arise.

What Are the 3 Benefits of Canada Debt Settlement you Must Know?

If you are knee deep in debt and want to get rid of this situation, you must get help from a Canada debt settlement company. When you desperately want to get out of your debts, Canada debt settlement may help you to settle your debts in a systematic way. Your Canada debt settlement company helps you reduce your debts by negotiating with your creditors. Debt settlement is an approach to debt reduction in which both the debtor and the creditor decides upon a reduced balance. Thus, going for Canada debt settlement will mean that your company will help you reduce your overall debts. This reduced balance when paid is regarded as payment in full. This article provides you with benefits you may receive when you get help from a Canada debt settlement company.

Benefits of Canada Debt Settlement

Here are some of the benefits you may receive when you get help from a Canada debt settlement company:

What's included in Debt Reduction Services?

Once you have been accepted into our debt reduction program we will handle all of the following for you:

  • ALL COLLECTION CALLS will be handled by our offices.
  • All payment arrangement negotiations will be handled by our licensed debt-negotiation experts
  • We will work for YOU and only your interests
  • We will NEVER charge you a fee or any form of up front charge - unless we can show you a significant debt savings and you choose to enroll in a program.
  • All consultations are free of charge and you are under no obligation. Please feel free to contact us to discuss your personal debt reduction options all you have to lose is debt.

Request a Call & Online Quick Evaluation Form

debt reduction savings with debt settlements CanadaThank you for your interest in the services of Canada Debt Settlements Inc. We are happy to assist you in any way possible.

At any time please feel free to contact us directly: 1-877-475-3939

We protect your credit, your privacy, and your rights at all times - we are here to ensure that your debt repayment consists of the minimum required to satisfy your creditors considering your situation. We work for YOU and only YOU... never the creditors.

At all times you remain in control of the process, and we stand behind our work 100% - if you can't obtain a debt savings with us you will never be charged a fee - Guaranteed.

Frequently Asked Questions

This is our Frequently Asked Questions Page:

  1. Do I have to walk into your office if I qualify?
    At Canada Debt Settlements, we deal with clients all across Canada via telephone, fax & e-mail. Physically visiting our office is an option of course, but not a necessity.
  1. Is Canada Debt Settlements licensed?
    Proudly licensed by the Ministry of Government and Consumer Services, we realize at Canada Debt Settlements that disclosing personal financial information with anyone in general is definitely not on the top of one's priority list. Simply put, most individuals would rather not discuss their financial hardship unless necessary. We understand it is a very emotional subject and want you to feel completely comfortable when approaching our services. Our clients' funds are fully protected and insured by our Trust Account (Similar to a lawyers) and provincial bonding to ensure that settlements, when approved, are processed efficiently.

Recent Success Stories

I must say that I always ‘do my research’ in every area of life as best as I can so that I make the right purchase the first time. Well, this was not an area I was even remotely able to make a definitive call on since my wife and I never had any previous debt issues.
I researched and met up with many different Debt Resolution/Debt Solvers and tried to work with making monthly lump payments but it wasn’t the correct solution and in the end failed for us. I started researching into solving our Debt problems all over again when I came upon the idea of Debt Settlement…that was the correct solution and something my wife and I should’ve done the year before. The problem was who could we trust to do it and who was the best person for the job. That was our newest problem.
I started making calls and looking up as much information as I could get on the Companies that did this and I was confident that Canada Debt Settlement were the tops in this area so I called and spoke to Boaz. I was actually somewhat shocked as he had answered my questions and explained the way it worked so well I had no more questions the next day. This was a relief as the time frame for us was very tight and to this day I am amazed that everything was settled going right down to the wire on our tight schedule and that Boaz still managed great savings for us in the process. It pulled us right out of debt and had we called Canada Debt Settlement the year before we would’ve saved even more and not carried that Debt burden unnecessarily for an extra year.
If you’re doing your research looking for who is the right one for the job, I can honestly tell you save your time and money and go with Canada Debt Settlements. I would be happy to talk to anyone that has any uncertainty as the expertise and hard work Boaz did for us was truthfully incredible.
S.B. of Mississauga
Received Dec 23, 2013 via email
Total Savings: $18,000+
Received July 20, 2012 via email

Debt Settlement Advantages include Principal Debt Reduction

Reduce debt with the advantages of canadian debt settlement Greater Toronto Area Markham OntarioWhat makes Canada Debt Settlements Better?

There are no fees if you are not fully satisfied with our results.

Unlike trustees, credit counselors and even other debt-settlement companies, Canada Debt Settlement's fees are expressed as percentage of the total amount saved by our client through the debt settlement negotiation process.

Our key objective is principal debt reduction, and we will NEVER charge you just to call and ask a question about your situation. Other organizations may charge based on the total amount of debt usually before any work has been done, or before any debt has been reduced.

Canada Debt Settlements does not charge a retainer fee.

How To Qualify for Debt Settlement in Canada

Always Know Your Options & Rights

Debt Settlement is a fantastic option, Reduce debt with the advantages of canadian debt settlement Greater Toronto Area Markham Ontariowhen it fits the bill and your individual circumstances. While debt-settlement is an inherently flexible program, if you have accounts that are in arrears or currently with a collection agency, Debt Settlement could be an excellent option for you. Not all clients qualify for our services when it comes to Debt Settlement. Debt-settlement is your best option when you have the ability to make partial payment your overdue accounts in a lump-sum. Settlement is a very innovative and efficient option and should be considered as a serious alternative to bankruptcies, consumer proposals and credit counseling.

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Another Successful Debt Settlement...

I must say that I always ‘do my research’ in every area of life as best as I can so that I make the right purchase the first time. Well, this was not an area I was even remotely able to make a definitive call on since my wife and I never had any previous debt issues.
I researched and met up with many different Debt Resolution/Debt Solvers and tried to work with making monthly lump payments but it wasn’t the correct solution and in the end failed for us. I started researching into solving our Debt problems all over again when I came upon the idea of Debt Settlement…that was the correct solution and something my wife and I should’ve done the year before. The problem was who could we trust to do it and who was the best person for the job. That was our newest problem.
I started making calls and looking up as much information as I could get on the Companies that did this and I was confident that Canada Debt Settlement were the tops in this area so I called and spoke to Boaz. I was actually somewhat shocked as he had answered my questions and explained the way it worked so well I had no more questions the next day. This was a relief as the time frame for us was very tight and to this day I am amazed that everything was settled going right down to the wire on our tight schedule and that Boaz still managed great savings for us in the process. It pulled us right out of debt and had we called Canada Debt Settlement the year before we would’ve saved even more and not carried that Debt burden unnecessarily for an extra year.
If you’re doing your research looking for who is the right one for the job, I can honestly tell you save your time and money and go with Canada Debt Settlements. I would be happy to talk to anyone that has any uncertainty as the expertise and hard work Boaz did for us was truthfully incredible.
S.B. of Mississauga
Received Dec 23, 2013 via email
Total Savings: $18,000+

Call now for your free no obligation consultation 1-877-475-3939