Can a counsellor get creditors to stop harassing me?
Absolutely! Your counsellor will initiate what is known as proceedings under the Bankruptcy and Insolvency Act (i.e., a consumer proposal or bankruptcy). From that point on, your counsellor will handle your creditors. This means that your creditors can’t try to contact you anymore. No more daily calls or pushy emails! Your counsellor in financial recovery is the only person your creditors can get in touch with.
What should I expect at my first meeting?
The first time you meet with your counsellor in financial recovery, they’ll take the time to look over your financial situation with you—without judgment.
Because every case is different, it’s important for their analysis to be precise and thorough. This is why you’ll need to bring certain documents with you. Don’t worry—we’ll tell you what to bring ahead of time.
Once the analysis is complete, your counsellor will outline what your options are to solve your money problems. They’ll explain each option and recommend the most appropriate one. The optimal solution will be geared to your situation and will help you reach your goal: to get out of debt!
At the first meeting, you can decide to go forward with the proposed solution, or you can also take time to think about it.
If you’re not sure about whether to meet with a counsellor, remember that the consultation is free and 100% confidential.
Once I’ve chosen my solution, what will my counsellor in financial recovery do?
Once you’ve decided to take action and set your plan in motion, your counsellor will be your greatest ally. Their work is just getting started, and they won’t stop until you’re debt free!
Throughout the process, you can count on your counsellor to:
- Support you throughout the proceedings
- Negotiate with your creditors
- Keep you informed and give you advice every step of the way until your debt is behind you
- Give you tools to keep you from ending up in the same situation in the future
A Licensed Insolvency Trustee will work alongside your counsellor. They’ll approve all the documents prepared by your counsellor as they work through your file, and officially submit them at the end.
How can I reach out to a counsellor?
There are over one hundred Raymond Chabot offices in Québec, Ontario and New Brunswick. Find the one closest to you.
Are you ready to meet with a counsellor? Call 1-855-RCHABOT (724-2268), chat with an agent online or fill out this form to set up a free consultation.