Licensee trustee working with coupleWhen credit card bills, consumer loans, and interest payments start to add up, it can get increasingly difficult to manage your debt load. If you fall too far behind, the stress of creditor phone calls, legal actions, and fear of bankruptcy can take its toll on your credit rating, health, and enjoyment of life.

The good news is that bankruptcy isn’t always the answer. We can help you manage debt with a completely personalized debt consolidation solution.

What is Debt Consolidation?

Debt consolidation allows you to pay all or several of your creditors right away, freeing you from intimidating letters, phone calls, and legal actions on behalf of creditors. We explore the right options to consolidate debt into one monthly payment to one creditor only, often at a lower rate of interest than you’re currently paying.

Often the preferred alternative to bankruptcy, debt consolidation may also protect your credit rating.

Consolidating debt into one monthly payment has many benefits, including:

  • Eliminating unwanted contact from creditors and collection agencies
  • Lowering your interest rate
  • Repaying only one creditor instead of several
  • Protecting your credit rating
  • Avoiding bankruptcy

Because every debt situation is unique, we tailor our debt consolidation solutions to your particular needs. We’ll explore all the different options available to you and your family, and select the best debt consolidation plan that provides both affordable repayments and peace of mind.

Debt Consolidation Loans

If you need to borrow to consolidate debt, we’ll match you with a reputable lender who will quickly pay your creditors, saving you from the credit consequences of a bankruptcy filing or consumer proposal.

You’ll simply pay back your lender, often at a lower interest rate than you’re paying now, until your debt is cleared. Your current creditors will appreciate being repaid in full right away, and may be more likely to extend you credit in the future.

Don’t worry about handling all of the necessary paperwork or managing the debt consolidation process. We take care of all of that for you.

Debt Consolidation in Toronto

Our team will be with you every step of the way as we develop a long-term debt consolidation plan to get you out of debt faster and at the most affordable repayment rate possible. With our guidance, you’ll be out of debt and back on track to reaching your financial goals.

Since 2006, Charles Advisory Services has provided debt consolidation solutions, consumer proposals, and bankruptcy services in Toronto. Founder Robert Charles has helped hundreds of individuals, families, and businesses manage their debt situation with the personal service that only an independent licensed insolvency trustee can give. With Charles Advisory Services, trusted debt consolidation, consumer proposals, and bankruptcy solutions are just a phone call away.

If you’re ready to take control of your debt situation with a personalized debt consolidation solution, contact us today for a free consultation!