Consumer Proposal in Orillia, Ontario

Contact us for free debt relief advice.

Contact us now!

  • This field is for validation purposes and should be left unchanged.

Selecting the Right Debt Solutions Professional in Orillia, Ontario

If you find yourself facing financial challenges in Orillia and are seeking to overcome credit card debt, break free from the burden of personal loans, or explore other debt solution options, our team of experts is ready to guide you towards a successful path to financial recovery.

At Chande Debt Solutions, our seasoned Licensed Insolvency Trustees specialize in providing tailored debt relief solutions for the residents of Orillia. We understand the gravity of decisions like filing a consumer proposal or bankruptcy, and our priority is ensuring you are well-informed and make informed choices. All our debt relief consultations in Orillia are free and have no time constraints.



A consumer proposal is a highly effective solution to various debt challenges involving credit card debt, tax obligations, or personal loans.

If you find it challenging to repay your original debt, don’t qualify for debt consolidation, or have debts exceeding the value of your assets, a consumer proposal may be the optimal solution. This legally binding contract between you and your creditors consolidates and settles your debt for less than the total owed.

Collaborating with our Licensed Insolvency Trustees (LIT), you’ll assess your financial situation to determine the suitability of a consumer proposal. Subsequently, they will establish a realistic monthly payment plan. Your LIT will then submit the proposal to your creditors for approval, and upon acceptance, you’ll make monthly payments. Once all conditions of the consumer proposal are met, the remaining debt is discharged.

Key benefits of a consumer proposal include:

  • Discharge of up to 75% of your debt
  • Halt to all legal actions, such as wage garnishments or frozen bank accounts
  • Cease all collection calls
  • Retention of all assets, including tax refunds
  • No additional interest on debts included in the proposal

It’s essential to note that only Licensed Insolvency Trustees (LIT), like Chande Debt Solutions, are authorized to file consumer proposals.

Debt Consolidation vs. Consumer Proposal

While debt consolidation is a common approach to debt management for many Canadians, it comes with advantages and disadvantages. Although it does not adversely affect your credit score (as long as payments are timely), high interest rates on loans and the risk of retaining other high-interest financial resources can pose significant drawbacks.

In contrast, while affecting your credit score, a consumer proposal offers substantial benefits, including the potential discharge of up to 75% of your debt, cessation of legal actions and collection calls, and avoidance of additional interest on included debts.

Personal Bankruptcy

Personal bankruptcy is often viewed as a last resort when other options have been exhausted. While it provides a swift and cost-effective way to eliminate debt, it has notable consequences for your credit score and assets. In certain circumstances, however, it may be the only viable choice.



A meaningful debt relief solution should provide genuine relief rather than simply repackage existing debt. Whether you’re burdened by credit card or tax debt or grappling with unaffordable monthly payments on personal or student loans, there is a debt solution for you. We thoroughly review your financial situation to help you explore all available options and determine the best solution.

The seasoned Licensed Insolvency Trustees at Chande Debt Solutions are committed to finding the right solution for you. Recognizing the seriousness of decisions like filing a consumer proposal or bankruptcy, we prioritize ensuring you are well-informed and make informed decisions. All our consultations are free, with no time constraints.

Ask us about bankruptcy options

See What Your Debt Repayments Might Look Like

Our debt calculator provides a comparison of what your monthly debt repayment might look like under different debt relief options including a debt consolidation loan, debt management plan and consumer proposal



Serving Orillia and Nearby Areas

Your Trusted Partner for Debt Relief in Orillia, Ontario


Book a free, no obligation consultation with us today!

  • This field is for validation purposes and should be left unchanged.