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The 5 Best Bankruptcy Trustees in Canada for a Better Financial Future
Bankruptcy is a stressful and scary experience. It’s something we all wish we never have to go through, but sometimes, circumstances bring us financial struggles.
If you’re filing for bankruptcy, one of the first things you should do is find a reliable bankruptcy trustee who will oversee your case. We need to find the one who is on top of their game to make sure we’re in compliance to prevent any more troubles.
Check out our trusted bankruptcy trustees in Canada who will guide you towards the best outcome.
1. Bromwich + Smith
Services: Consumer proposal, bankruptcy, debt relief consolidation
Location:
- 330 St Mary Ave Suite 300, Winnipeg, MB
- Complete list of offices
Contact: 1-855-884-9243, 1-855-370-6079
Business Hours:
Mountain Time Zone
- Monday – Thursday: 5:30 am – 8:00 pm
- Friday: 5:30 am – 5:00 pm
- Saturday: 9:00 am – 5:00 pm
Google reviews score | 4.7/5 |
Total reviews | 5/5 |
Score consistency | 4/5 |
Qualifications | 5/5 |
Credentials | 5/5 |
Expertise | 5/5 |
Reputation | 5/5 |
Approach | 5/5 |
Accessibility | 4/5 |
We like Bromwich + Smith because they’ve been in business for over 20 years! Since 2002, they’ve accumulated various awards, which show their top-notch customer service and good reputation.
They’re very accessible, which we appreciate. They have offices in all provinces in Canada except Quebec.
Their services are consumer proposals, bankruptcy, and debt consolidation. Basically, they can help you rebuild your life as they provide tailored solutions based on your financial situation.
It’s really helpful these guys provide free consultations, which we think is a must if you’re a bankruptcy trustee. They also have a toll-free number so you can call from anywhere in the country without worrying about charges.
Communicating with these folks is super easy as well. We noticed they have a keen eye for detail, ensuring no problems and paperwork are missed.
Their attitude is also worth noting. We noticed how compassionate they were when speaking with clients.
Pros
- Award-winning service
- Provides tailored solutions
- Very accessible in Canada
- Easy to communicate with
Cons
- No office in Quebec
Great communication skills
“I felt pretty hopeless about my financial situation until I called this company after seeing one of their ads that said they can help you with your debt. I wish I would have known about this service sooner. I spoke with Behzad and Rick, they are very nice, non judgmental, thorough at explaining everything, and were great about answering the many questions I had. Now I have so much less stress about the future and paying down my debt, very grateful for their help!”
Cam Dempster, Google Review
Very professional
“Sometimes life is unpredictable and we have to deal with an unexpected unpleasant life changes and this tough time leads to shock and disorientation. I’m glad I was referred to Bromwich+Smith. Rick and Erika are very professional and patient. They managed me to get the desired outcome. Thank you for your help! I highly recommend Bromwich+Smith.”
Elena Yancheva, Google Review
2. BDO Debt Solutions
Services: Debt counselling, consumer proposal, bankruptcy
Location:
- 5800 2 St SW, Calgary, AB
- Complete list of offices
Contact: 1-855-236-3328
Business Hours:
- Monday – Friday: 8:30 am – 5:00 pm
Google reviews score | 4.9/5 |
Total reviews | 3/5 |
Score consistency | 4/5 |
Qualifications | 5/5 |
Credentials | 5/5 |
Expertise | 5/5 |
Reputation | 5/5 |
Approach | 5/5 |
Accessibility | 3/5 |
BDO Debt Solutions is all about compassionate support. From our surveys, we’re glad to find that they managed to keep their pledge because of their attention to detail, patience, and compassionate approach.
They’re not shy about their accomplishments, having helped over 500,000 Canadians. Plus, they’re very accessible since they have 126 offices across the country.
We also appreciate their no-pressure, free consultations. Many clients we spoke with commended their bankruptcy trustees for showing compassion especially during stressful times.
However, they’re closed on weekends. Nonetheless, they offer evening appointments, but not all locations do.
These guys are versatile since they can help with any kind of debt, such as credit card, tax, payday loans, and student debt. They also provide debt counselling, consumer proposals, and personal bankruptcy services.
Finally, we want to point out that they’re expert communicators. Their free consultation will show all your debt relief options to ensure you can reach your financial goals in the future.
Pros
- 126 offices in Canada
- Evening appointments in selected offices
- Expert communicators
- Summarizes all debt relief options
Cons
- Closed on weekends
- Not all offices offer evening appointments
Provides valuable insights
“I called BDO Debt Solutions office and was connected with John Lee, one of their trustees. He was incredibly helpful and knowledgeable, providing great advice that comforted me during a tough situation. In just 30 minutes, he offered valuable insights. I highly recommend him to anyone seeking the best advice in a short amount of time.”
Touraj Rahi, Google Review
Seamless process
“Thanks to BDO for a smooth sailing process with my finances. Jennifer it was wonderful working with you. You were patient and kind. You did not hesitate to answer any of my questions. I highly recommend BDO services to anyone who needs help with their debts.”
Bertha Ndiba, Google Review
3. Allan Marshall & Associates Inc.
Services: Debt help, bankruptcy, consumer proposals
Location:
- 555 Somerset St Suite 118, Saint John, NB
- Complete list of locations
Contact: 1-888-371-8900
Business Hours:
- Monday – Friday: 8:30 am – 4:30 pm
Google reviews score | 4.9/5 |
Total reviews | 4/5 |
Score consistency | 5/5 |
Qualifications | 5/5 |
Credentials | 5/5 |
Expertise | 5/5 |
Reputation | 5/5 |
Approach | 5/5 |
Accessibility | 3/5 |
For financial problems, Allan Marshall & Associates Inc. is one of our top picks because they’re licensed and have plenty of experience helping Canadians.
Having been around since 1979 makes them a highly experienced service. With this, we’re confident they have a deep understanding of the law and bankruptcy problems.
They provide debt help, bankruptcy services, and consumer proposals. It’s very helpful they can assist you whether it’s your first time going through bankruptcy or if you’re struggling financially.
At their no-obligation consultation, we learned that they will lay out all your options to find the best solution for a renewed financial tomorrow. Even better, they made their clients feel comfortable due to their professionalism
Although we appreciate they’re available in most provinces in Canada (Alberta, British Columbia, Prince Edward Island, Nova Scotia, and New Brunswick), they’re not available in the rest of the country.
Pros
- Caters to surrounding areas
- Lays out all debt relief options
- Known for a comfortable approach
Cons
- Not available in other provinces
Stellar communication skills
“I had the pleasure of speaking to Olivia Harper today. When I first called them, my thoughts were that I was drowning and I didn’t think I was going to be able to keep my apartment another month as my pay had been garnished. Olivia did an absolutely fantastic job of helping me understand my options, and got me set up with beginning the process in a very professional and efficient manner. I can’t say how happy I am with her service today and I appreciate the time she took to speak to me and make me feel heard and understood even after all the business talk was done with. She could have let me go and get on with her day but she continued to speak with me and for that I am even more grateful. After that call with her I feel like everything is going to be OK”
Amanda Hebert, Google Review
No-pressure service
“Spoke today with Carrie. She made it so comfortable and easy to understand. She went through all of my options with me and answered all my questions and Not once did I feel judged. Not once did I feel pressured.
If your finances are in a state where you’re not sure what you can do, please call.”
Bryanna McIntyre, Google Review
4. MNP Debt
Services: Personal bankruptcy, consumer proposal, bankruptcy alternatives
Location:
- 112 4 Ave SW Suite 2000, Calgary, AB
- Complete list of locations
Contact: 310-3328
Business Hours:
- Monday – Friday: 8:00 am – 5:00 pm
Google reviews score | 4.9/5 |
Total reviews | 4/5 |
Score consistency | 5/5 |
Qualifications | 5/5 |
Credentials | 5/5 |
Expertise | 5/5 |
Reputation | 5/5 |
Approach | 5/5 |
Accessibility | 4/5 |
One of the reasons why we like MNP Debt is because of their experience. They’ve been around for over 60 years, which speaks volumes about their vast understanding of bankruptcy.
They’re also highly regarded in their field, having received awards from various cities where they work. This shows the solid reputation they’ve earned, which made us feel confident in their expertise even more.
Notably, their services are consumer proposals, personal bankruptcy, and insolvency counselling. But they work beyond that because they also offer advice on various topics, such as debt consolidation, credit extensions, and informal debt settlement.
We learned that these bankruptcy trustees are very proactive in their work. Their efficient service is very useful and we appreciate that they always keep clients in the loop.
However, they’re closed on weekends and there were instances of a few late inquiry responses. Still, they’re very accessible since they have offices across the nation.
Pros
- 60 years in the business
- Provides advice on many financial topics
- Award-winner
- Responsive team
Cons
- Closed on weekends
- Instances of late responses
Goes above and beyond
“Angela was absolutely amazing yo deal with and truly helped me more than she could ever know. She made my experience as painless as possible and also went above and beyond trying to help me with other matters besides the debts they were able to take care of. I would absolutely recommend MNP to anyone who needs it. Thank you again for all of your incredible work in getting me back on track financially.”
Darcy Fisher, Google Review
Shows exceptional care
“I am glad to have found this service to help me pay off my debt and be able to have more financial security after challenging times. they were very understanding. Very helpful and devoted to finding solutions for my financial needs. Their care and attention to details and training and counseling has taught me how to manage my finances better and not lose track of my expenses and to ensure. My future is secure and give me energy and comfort to live more freely. Thank you for all their help and this great service.”
tinohana hana, Google Review
5. Sands & Associates
Services: Consumer proposal, bankruptcy, debt help
Location:
- 1100 Melville St Suite 1370
- Complete list of locations
Contact: 1-800-661-3030
Business Hours:
- Monday – Friday: 8:30 am – 7:00 pm
- Saturday – Sunday: 8:30 am – 5:30 pm
Google reviews score | 4.9/5 |
Total reviews | 5/5 |
Score consistency | 5/5 |
Qualifications | 5/5 |
Credentials | 5/5 |
Expertise | 5/5 |
Reputation | 5/5 |
Approach | 5/5 |
Accessibility | 3/5 |
Sands & Associates is an award-winning bankruptcy trustee in BC. They’re a 13-time winner of the Consumer Choice Award in Business Excellence, so we’re confident in their consistently good service!
Now wonder they’ve now grown to be the largest personal bankruptcy firm in BC after opening in 1990. From what we’ve seen, their reputation has been exceptional, which made us trust their service even more.
Upon checking with them, we found Sands & Associates super helpful when it comes to giving financial advice. They provide free consultations and even face-to-face sessions require zero dollars!
Their outstanding support shines as well. We appreciate how they’re knowledgeable and compassionate—helpful in times of financial struggles.
Despite specializing in personal bankruptcy, they still cater to business owners who need debt solutions. It’s worth noting that they also provide consumer proposals and debt help.
It’s just unfortunate that they’re only available in BC. The good thing is they’re scattered all around the province.
Pros
- BC’s largest personal bankruptcy firm
- Award-winner
- Specializes in personal bankruptcy
Cons
- Only available in BC
Incredible assistance
“I cannot express enough how Sands has helped me! You all know how you feel owing a lot of money to a bunch of vendors or creditors, its embarrassing! Sands made me feel like it’s ok, we will get through this. And we are! From day 1 Sands has always been amazing to me, kind, respectful, thoughtful and very knowledgeable to help me get out of debt, the ways to get out of debt. At first I was skeptical about the program, but now that I have been with them for a couple of years and have the counselling sessions with them, i feel that the knowledge that they carry has been provided for me to follow and it really is helpful. I cannot thank Sands & Associates enough for all the help and guidance they have given me. Everyone is so amazing and i cannot thank you enough <3 Lorna A”
Lorna C., Google Review
Very friendly and helpful
“When I first called for a consultation everyone I talked to was very friendly and informative. I got Regina as my credit counsellor and she was very helpful. When I have questions she’s always there to answer and quite quick to response. I’m glad I called Sands and Associates. Now I’m financially better with their help.”
Anna Clado, Google Review