Are you worn out from juggling debt, borrowing money to make a payment in an effort to get through another month? Are you falling behind on payments, or never seem to be able to lower the balance on an account due to high interest rates? If so, Grant Thornton Limited can help.
Grant Thornton Limited is committed to helping Canadians achieve debt independence by consolidating or reducing their debt. We offer a free review of all your debt help options, including credit counselling in Victoria, Nanaimo, Duncan and Port Alberni.
Credit counselling at Grant Thornton is individualized and defined by your own unique financial situation. Our mission is to act as a source of advice and information that can help you effectively approach debt reduction and money management. We also offer assistance with tasks such as managing credit or planning a personal budget.
Grant Thornton Limited: Credit Counselling and Debt Solutions
Our professional team of financial professionals includes Licensed Insolvency Trustees and administrators who are experienced in addressing debt problems. At your initial consultation we will sit down with you to go over any debt problems you are experiencing and answer any questions you have about available debt solutions, including debt consolidation. There is no charge or obligation for this initial consultation.
Since we are Licensed Insolvency Trustees, we are statutorily mandated through the Bankruptcy and Insolvency Act to provide credit counselling when we help any client make a consumer proposal or enter into bankruptcy.
Our credit counselling sessions are conducted by qualified counsellors who have completed a minimum of 100 hours of on-the-job training in addition to professional coursework. When you choose to implement informal debt restructuring, our goal is to ensure that you thoroughly understand all options available to you in building a solid financial outlook for the future.
You have nothing to lose and much to gain by talking to one of our Trustees about your debt problems because it provides a one-stop source for information on all available debt solution options. The Trustee can also assist you with a Consumer Proposal or Bankruptcy, if that fits your debt situation and you believe it is the right solution for your needs.
Credit Counselling to Fit Your Debt Problem
You meet with one of our Trustees personally to discuss your particular debt problems and evaluate the various debt solutions available to you. If you decide to make a Consumer Proposal to your creditors or enter in Bankruptcy, you will be provided with mandatory counselling as part of this process. The goal of mandatory credit counselling is learning the causes of debt problems, budgeting tips and procedures, getting and using credit in your future, and reviewing your personal financial planning.
Not All Credit Counselling Services Are the Same
You can find credit counselling services of all types with varying qualities of guidance and ranges of fees. At Grant Thornton, you are counselled by qualified Licensed Insolvency Trustees, and if your situation requires it, credit counselling is mandated. You can consult our credit counsellors about your debt problems and available debt solutions with no cost or obligation.
You can also take advantage of free credit counselling at reputable not-for-profit organizations. Their services can include help with money management and personal budgets, while some help consumers make court-ordered consolidations to achieve relief from interest payments and protection from creditors.
For-profit organizations offer services in credit counselling, debt reduction and debt solutions but usually charge fees. Even though some of these services seem to be non-profits, the consumers or their creditors pay for their debt reduction services.
When a debt counselling service promotes the solution of “debt pooling,” that means they expect you to pay a single lump sum payment, which they will then distribute equitably among your creditors. These companies can charge you individually for services, or they may be substantially funded by donations from major creditors.
Learn Your Debt Solution Options
Use credit counselling to learn about all of the options you have available as possible solutions to your debt problems. The Licensed Insolvency Trustees at Grant Thornton are qualified to educate and advise you about all of the options appropriate to your particular financial situation.
Book a No-Obligation Consultation
The Licensed Insolvency Trustees at Grant Thornton Limited can help you make a fresh financial start while treating you with dignity and respect. To begin the process, visit any one of our locations in Nanaimo, Duncan, Victoria, Port Alberni and Vancouver.
The professional team at Grant Thornton Limited has a mission to help you gain financial freedom, with an assessment of your financial situation and development of an effective plan for debt relief. Contact us today to book a no-obligation consultation.