© 2020 by Canadian Customer Debt Relief Inc.   "live in debt or LIVE DEBT FREE!"   



Average pay back $0.00 (but costly)

Trustee fee (generally avg. $1,500-5,000).

Many other possible fees that could move into the thousands depending on your situation.



  • - All unsecured debt eliminated (some exceptions apply)

  • - Collection activity stops

  • - Legal action stops


  • - 7+ years on credit file

  • - Public record

  • - all unsecured debts must be included

  • - Loss of future opportunities (i.e. most employers pull credit reports as do landlords).

  • - Assets can be seized

  • - Tax refunds Kept while bankrupt

  • - Earnings are limited based on household members and if you earn more than the allowed amount typically ½ that is taken and sent to creditors

  • - Any win-fall or inheritance may be seized

  • - Each month, you must report your household income and living expenses to ensure you’re not making more than you are allowed while in the bankrupt state.

  • - If you borrow more than $500, you must tell the lender that you are bankrupt.

  • - You may not be a director of a company.

  • - You may have to surrender assets (i.e. car, excessive belongings over allowed amounts.)

Financial and Debt Solutions Experts | Bankruptcy Alternatives | Consumer Proposal Preparation | Credit and Debt Counseling