DEBT MANAGEMENT
​Get out of Debt and Gain Financial Wellness
DEBT AND WELLNESS MANAGEMENT has helped many Canadian Families and Individuals overcome debt and manage their finances for long-term financial wellness.
​​We’ll work with you to manage your debts through a secure, personalized, customized Debt Repayment Plan.
A debt-free life is within reach.
We’ll help you resolve and avoid future debt through a sustainable through a managed approach for longstanding financial freedom through a step-by-step process.
Additionally, we will also work with you to develop a thorough, personal financial strategy to assist you in reaching your financial goals and taking control of your financial future.
Learn more about the services we offer below.
Step 1: Assessment of your Financial Status
Develop a plan to help you dissolve your debts with of your overall Financial Status. With financial health options backed by the government of Canada. We review the status of each of your creditors, assets as well as your ability to undertake a successful Debt Management Plan. We will determine the best course of action to achieve your debt free goal. Through debt management solution, we will conduct an in-depth analysis of your finances, including your assets, liabilities, expenses, and creditor mix.
Step 2: Draft Debt Repayment Plan
At your second appointment a Draft Debt Repayment Plan including a Budget will be presented for discussion, amendment and revision, if necessary. Budget and action towards executing your debt management plan and retiring your debts. Measures may include completing required applications, providing referrals, and addressing financial crisis concerns if necessary. At this stage, we will also begin to revise your household budget.
Step 3: Finalizing Debt Repayment Plan and Budget
At your third Appointment the finalized Debt Repayment Plan and Budget ready for final review, signing and submission to the creditors of record.
​We provide credit consultations and manage any inquiries regarding your creditor commitments. We will establish, develop your household budget and provide you with new spending techniques to help you balance your income and avoid debt long-term.
Step 4: Ready for Final Review
In 30 days you will have your fourth and final meeting. This meeting is to discuss any response from creditors to the Offer to Settle; to review any questions you may have and discuss next steps.
During your fourth appointment, we will follow up on your progress to ensure you are on track with your monthly creditor commitments and budgeting.
We will continue to assist you with budget control, financial planning, and meeting your creditor commitments and how to build an emergency fund.
Please know that we are here to help and are committed to assisting you throughout your Debt-Free journey.
Contact us to book your first appointment today!