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Debt Relief Starter Guide

Understanding your options and reaching out for help is the first step on your journey to becoming debt free. We’re so glad you’re here.

Take Control The Debt Relief Starter Guide

It’s completely natural to feel anxious about what you’ll find when you take a close look at your finances, but we’ll be here to support you, every step of the way.

Do You Need Help With Your Finances?

If you’re questioning whether you have too much debt, that’s probably the best sign that you do and it’s time to discuss your options with a debt professional. Some other signs that you might need financial help include:

  • You can only afford to make your minimum payments each month
  • You sometimes miss your monthly minimum payments
  • You’re relying on one form of credit to pay down another form of credit
  • Creditors are harassing you with collection calls
  • You’re feeling stressed about your finances and maybe even losing sleep

If you have unmanageable debt, your first step should be to meet with a Licensed Insolvency Trustee (LIT).

Discuss Your Financial Situation

Understand & Compare Your Options

When you meet with a Licensed Insolvency Trustee (LIT), they will thoroughly walk you through your debt relief options and answer any questions you have about the process.

You can also do your own research prior to meeting with a LIT. Use our Debt Calculator and explore our website to better understand how Smythe Insolvency can help you become debt-free.

Debt Calculator

Book Your Free Consultation

Schedule a consultation with one of our Licensed Debt Professionals now and learn how we can help you eliminate your debt and move forward to a life of financial freedom.

The consultation is free, completely confidential, and can be done from the comfort of your own home. There’s absolutely no obligation to move forward with a consumer proposal or bankruptcy, it’s just a chance to understand your options and ask any questions you have.

Why Work With a LIT?

Meet With a Licensed Trustee

Licensed Insolvency Trustees (LITs) are the only debt professionals who are authorized by the Federal government to help consumers manage their debts. When you work with a LIT, you can be certain that you’re receiving debt advice from a fully qualified, reputable professional. You’re also guaranteed the benefits and protection of your consumer rights and transparency throughout the process that you only get when you work with a LIT.

Schedule Your Free Consultation

What to Expect & How to Prepare

When you book your consultation with Smythe Insolvency, you can rest assured you’ll be meeting with a highly qualified and experienced debt professional. Your advisor will walk you through all of your  debt relief options so that you are empowered to make the best decision for you and your unique financial situation.

We understand that money problems can happen to anyone and we pride ourselves on our non-judgmental approach. You will be treated with respect and empathy and will be supported throughout the entire process.

If you have your creditor statements readily available and access to your most recent tax return, those are beneficial for the initial consultation – but not necessary.

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Meeting with a LIT

How to Prepare for Your Consultation

Total Up Your Debt

Take a deep breath, and add up all the debts you’re owing. Obtaining a copy of your free credit report will also help ensure you’re aware of all outstanding debts you’re owing.

If you have them on hand, it’s very helpful to bring copies of your creditor statements and loan balances. This will help to provide your debt advisor with an accurate snapshot of your financial situation.

Know Your Monthly Income

In order to provide you with the best solution for your unique situation, it’s important aht you understand the total income you are bring in each month.

We recommend that you bring a recent pay stub, income and/or investment statements, and if it’s available, your most recent tax return, and investment statement so we can understand your full financial picture.

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Debt Help

If your debt feels overwhelming, you’re behind on payments, creditors are calling, or you’re losing sleep at night, you don’t need to struggle alone. Our trusted team of Debt Advisors, Insolvency Counsellors, and Licensed Insolvency Trustees are here to provide you with debt relief options, backed by years of experience, extensive education, and continuous training.

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Get a Fresh Financial Start.

Book your free consultation with a Licensed Insolvency Trustee now.

Our team is conducting consultations by phone & video, so you can become debt free from the comfort of your own home.

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