Negotiation With Your Creditors
See how negotiating with creditors could be a solution to your debt problems.
In some cases, negotiating with creditors, or with one of them, could be an appropriate solution to your financial difficulties. These negotiations should, however, be undertaken as soon as the very first signs of trouble appear. Creditors are less likely to accept accommodations from someone who has neglected his/her obligations for too long. You should therefore act quickly and call them before it is too late.
The basis of the agreement should be a realistic budget and payment conditions that can reasonably be fulfilled. A frank and honest discussion with them may, in many cases, help. Should the creditors refuse your proposal, you can then consider a formal agreement, the Consumer Proposal, that is prepared, presented and negotiated by us. Generally, creditors prefer coming to an agreement with a customer rather than receiving a notice of bankruptcy.
From the moment that I first entered your offices, not enough could be said about the manner in which I was greeted, the warm welcome and the kindness was second to none. The time and attention that you provided were greatly appreciated. I knew that I was dealing with professionals. Should the opportunity present itself, it would be my pleasure to recommend your organization. I can have highest of praise for a company as spirited as yours.
Discover how to offer your creditors a lower settlement based on your ability to repay.
Create a budget to track your spending and successfully manage your financial priorities.
People spend less money in their retirement years, but they also earn less. Ideally, you should reach retirement with as little debt as possible.
Talk to a Financial Recovery Counsellor
We will always be happy to answer your questions and help you see things more clearly.
Call us toll free—we’re here to listen.
Monday to Thursday from 8:00 am to 8:00 pm and Friday from 8:00 am to 5:00 pm.
Find a Jean Fortin office near you
Identify your nearest Jean Fortin office by region, location or geolocation.
Book an appointment
Complete a short appointment form directly online to contact one of our financial recovery counsellors.