100+ Canadians Choose Us Weekly – 1000+ All 5-Star Reviews – Read real stories here
Menu
Click here to read reviews please
100+ Canadians Choose Us Weekly – 1000+ All 5-Star Reviews – Read real stories here
Free Debt Consolidation
No contact details required to find out if you qualify
Debt consolidation is a great option when dealing with huge debt to protect yourself from creditors’ legal actions and collection activities. However, is there an impact on your mortgage or home? We will find out, read on this article to learn more.
Know more about us and what we can do by clicking on the button below…
1 day 3 days 3 days 8 days 7 days 6 days 12 days 9 days 3 days 6 days 1 day 4 days 2 days 1 day 7 days 5 days 8 days 6 days 12 days 16 days 5 days 8 days 2 days 7 days ago in debt in
Is a legally binding process between debtor and creditors that help Canadians pay off debt. Administered by a debt relief agency, a debt consolidation program can be negotiated between you and your creditors to reduce your debt by up to 75%.
Through Debt Consolidation, you will get creditor protection at the start of your program. This means that they can no longer collect money from you or pursue any legal action against you.
One of the great benefits of a debt consolidation program compared to other debt relief options is that your home is secured and any other equity you have in your home.
During your filing for the debt consolidation program, we will help you negotiate with your creditors. That means that we will put your assets into consideration while creating an efficient debt relief and consolidation program to eliminate your debt without risking your home or mortgage.
A debt consolidation program won’t prevent you nor impact your plans in buying a home. However, you should know that debt consolidation will reflect on your credit report during the program and for at least 3 more years after completing it.
Unlike other debt relief options, with debt consolidation, you’ll have earlier time to rebuild your credit. Enough savings for a down payment can also help in getting higher chances of your home mortgage application approved. This is possible with debt consolidation as you will have better cash flow due to reduced debt repayments.
Also, no mortgage lender can change the terms of your mortgage simply because of taking a debt consolidation program. However, be careful in adhering to your payment schedules to avoid your debt consolidation from getting annulled.
Our debt consolidation program can help you qualify for a mortgage in so many ways.
To know more what you can benefit from our Ontario Debt Relief Program, simply try our Debt Consolidation Calculator below and one of our debt specialists will get in touch with you and provide you the best debt relief option that fits your situation.
No contact details required to find out if you qualify
We will help you reduce as much as 75% of your debts and consolidate it into a single affordable monthly payment. Your creditors will stop harassing you and all interest will freeze if you get into our Ontario Government Debt Relief Program.
Many Ontarians are already benefiting from our Debt Relief Program, YOU should too!
Find out how much you can write off portion of your debts by getting your Free Savings Estimate below. A debt specialist from National Debt Relief Services in Ontario will discuss all options and provide you tailor-fitted Debt Relief Program.
SEE IF YOU QUALIFY TO:
No contact details required to find out if you qualify
A Debt Consolidation is a negotiated debt settlement offer made between you and your creditors with the help of a Debt Relief Agency in Ontario. Some key benefits of Debt Consolidation are interest-free program, no upfront fee required, combined monthly payment into one affordable amount, no lawsuits, and many more.
Yes, your assets are safe from creditors. A licensed debt relief agency in Ontario will help you come up with an offer to your creditors that will make sure your assets will be out of the paper.
No, in fact, this is one of the great advantages of a Debt Consolidation Program. All wage garnishment will stop from the day you filed the proposal.
The effect on your credit score is not going to be severe. Your credit score will most probably go to R7 Rating and will remain in your credit report for another 3 years after you completed the program. This means that it will not be permanent and you will still be able to rebuild your credit score.
This varies depending on the proposal you will be discussing with the help of a certified debt relief agency. It is also worth noting that debt consolidation cannot exceed more than 5 years.
If a debt is shared, you need to file a joint debt consolidation offer to your creditors. However, in most cases, in which the debts are individually incurred will have no impact on your spouse.
After three missed payments, your debt arrangement with creditors will be broken and you will end up getting chased again for the original debt amount plus interest.
A debt consolidation offer can be paid off earlier if you can. In this way, you receive your “Certificate of Completion” sooner and you can immediately start rebuilding your credit score.
National Debt Relief Services Ontariois a certified Canadian Debt Relief Agency that offers FREE CONSULTATION to your debt consolidation needs. We value the trust given to us by our clients by making sure your personal information is confidential and private. Our personalized plans are designed to tailor fit your financial capacity. Our specialists will get in touch with you by simply answering a few questions thru the link provided below.
Proud to support financial literacy education
Get a free savings estimate today. There is no obligation.
Copyright © 2019-2024. NationalDebtRelief.ca. All Rights Reserved
100% Canadian Owned & Operated.
