INFORMED FINANCIAL SOLUTIONS
Ottawa
DEBT RELIEF IN OTTAWA: LICENSED INSOLVENCY TRUSTEE & BANKRUPTCY HELP
If you’re feeling overwhelmed by debt, you’re not alone, and you don’t have to figure it out on your own. At Bernier & Associates, we help individuals, families, and business owners in Ottawa find clear, realistic solutions to financial stress. As a Licensed Insolvency Trustee, we are legally authorized to provide debt relief options, including bankruptcy and consumer proposals, and guide you through every step with professionalism and respect. Whether you’re dealing with creditor pressure, wage garnishments, or simply unsure of your options, we’re here to help you move forward with confidence.
Our Ottawa office is located at 100 Metcalfe Street. You will find Bernier & Associates at office Suite 200. All our services are available there and you can talk to your advisor in English and French.
East Ottawa :
100 Metcalfe Street, Suite 200,
Ottawa, On K1P 5M1
T : 877-560-8666
Explore Your Options for Managing Debt in Ottawa
Our advisors are here to support individuals, families, and business owners in Ottawa with confidential, judgment‑free debt solutions.
Debt Consolidation
Debt consolidation can be a helpful solution if you’re managing multiple debts with high interest rates but still have the ability to repay them. It combines your debts into a single, more manageable payment. However, if your debt level is too high or your income is limited, consolidation may not be enough. In those cases, speaking with a Licensed Insolvency Trustee can help you explore more effective legal options like a consumer proposal or bankruptcy.
Consumer Proposal
A consumer proposal is a legal agreement that allows you to settle your debts for less than you owe, with affordable monthly payments. It is administered by a Licensed Insolvency Trustee and immediately stops creditor calls, interest charges, and wage garnishments. This option is ideal for individuals who want to avoid bankruptcy while still getting protection from creditors. When you contact us, we’ll assess your situation and determine if a consumer proposal is the right fit.
Debt Restructuring Proposal
A debt restructuring proposal is typically designed for individuals or businesses with higher debt levels that exceed the limits of a standard consumer proposal. It offers more flexibility in how debts are reorganized and repaid. This option is more complex but can provide meaningful relief for those facing significant financial challenges. Our team will guide you through the process and ensure the proposal is structured in a way that is both realistic and legally sound.
Personal Bankruptcy
Filing for personal bankruptcy may be the right step if your debts have become unmanageable and other options are no longer viable. Bankruptcy is a legal process that eliminates most unsecured debts and provides immediate protection from creditors. While it does involve certain responsibilities, it also gives you a clear path to financial recovery. We take the time to explain the process in simple terms, so you know exactly what to expect before making any decisions.
Commercial Bankruptcy
If your business is facing financial difficulties, commercial bankruptcy can help you close operations in an orderly and legally compliant way. This service is available for sole proprietors, partnerships, and corporations. It allows you to deal with outstanding debts while protecting your rights and minimizing further financial risk. We work closely with business owners in Ottawa to ensure the process is handled professionally and efficiently.
Accounting
Our accounting services support both individuals and businesses, particularly in cases involving insolvency or restructuring. Accurate financial records are essential when evaluating debt solutions, preparing proposals, or managing bankruptcy filings.
Helping You Make Confident, Informed Financial Decisions in Ottawa
Choosing to speak with a Licensed Insolvency Trustee is an important step, and it’s normal to have questions or concerns. Our role is to provide clear, honest guidance, not pressure. When you contact our Ottawa office, you can expect:
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A free, confidential consultation
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A complete review of your financial situation
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Clear explanations of all available options
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Legal protection where applicable
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Support in both English and French
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Flexible appointment options, including virtual meetings
We focus on practical solutions that are tailored to your situation. There is no one-size-fits-all approach to debt relief, and we take the time to ensure you understand your options before moving forward.
Frequently Asked Questions
What does a Licensed Insolvency Trustee do?
A Licensed Insolvency Trustee is the only professional authorized in Canada to administer legal debt solutions such as consumer proposals and bankruptcy. They assess your financial situation, explain your options, and manage the legal process to ensure your creditors are treated fairly.
Is bankruptcy my only option?
No, bankruptcy is just one of several options. Depending on your situation, alternatives like a consumer proposal or debt consolidation may be more appropriate. A Licensed Insolvency Trustee will help you compare solutions and choose the one that best fits your needs.
How does a consumer proposal work?
A consumer proposal allows you to repay a portion of your debt through structured monthly payments. Once filed, it stops interest, collection calls, and legal actions. Your creditors vote on the proposal, and once accepted, it becomes legally binding.
Will filing stop creditor calls or wage garnishments?
Yes. Filing a consumer proposal or bankruptcy provides immediate legal protection. This means creditors must stop collection efforts, including phone calls and wage garnishments, as soon as the process begins.
Is my consultation confidential?
Yes, all consultations are completely confidential and without obligation. You can speak openly about your financial situation, and we will provide guidance in a respectful and non-judgmental environment.
Taking the first step can feel difficult, but it often brings clarity and relief. Whether you’re ready to act or simply want to understand your options, we’re here to help you make informed decisions about your financial future.