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Debt Relief Solutions in Montreal, QC

Residents of Montreal, Quebec have reduced their payments by up to 50% by contacting for help. will evaluate your situation and refer you to qualified and vetted professionals based on the solution that will work best for you.

Reduce Your Payments By Up To 50%

Lower Your Interest Rates

Make One Low Monthly Payment For All Your Debt

Debt Free in as little as 24 – 48 Months

English and French Speaking Counsellors Available

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Canadian Debt Relief

Credit Councelling

Debt Management Plans

Debt Consolidation

Consumer Proposal


Not Alone is Canada’s trusted source for debt relief

At, we understand that people might find themselves surrounded by debt for many reasons including job loss, reduced income, medical expenses, or even the rising costs of raising a family. And when faced with a mountain of consumer debt, it is quite easy to become overwhelmed and to believe that you will never be able to pay off your creditors. The high-interest rates associated with consumer debts, late fees for those who are behind on their payments, and much more can seem to conspire against your attempts to become debt free. That is why we want to help all Canadians better understand their debt relief options and save the most money while they get out from under their unsecured loans.

Are you struggling with debt or trying to figure out which Canadian debt relief program will help you get out of debt in the quickest amount of time and for the least amount of money? If so, let us show you that you can live a life free of bills and you do have more options than you probably realize. Simply put, if your paying out more money every month than you have coming in, we can get you to a professional who can help. Fill out the form above to get started today!

CREDIT COUNSELLING HELP IN MONTREAL, QC has credit counselling services in Montreal for those who need help getting back on track. If you have room for improvement with money management, now is the time to take the first step.

If you live in Montreal and have too much debt on your credit cards, then credit counselling may be the answer you are looking for. A quality credit counselling or debt settlement program can help you get out from under your debt and shore up your financial future at the same time.


Residents of Montreal often confuse debt management plans with credit consolidation, because they have some similarities. For instance, both programs entail converting several debts into one monthly payment for ease of tracking. However, you still owe the original creditors when you enroll in a debt management plan (DMP). Conversely, you only owe one entity when you participate in a debt consolidation loan. If you’re considering a DMP in Montreal, you must have a steady source of income.

While DMPs serve those with more than $10,000 of debt, homeowners may have to cash out equity instead. Likewise, individuals who have funds in their RRSP may have to use those funds to pay off the debt in lieu of enrolling in a debt management plan. Speak to a counsellor in Montreal to determine if a DMP is the right option for you.


As a citizen living in Montreal, it’s not uncommon to fall on hard times. If you’re experiencing difficulty keeping up with your financial obligations, debt consolidation may be your best option to get back on track. As such, consolidating your unsecured debts can make managing your payments easier. For example, multiple credit card debts and other liabilities combine into a single monthly payment. This makes it easier to prepare for and remember when just one due date is approaching every month. In addition, that single payment can be more manageable, with a lower interest rate than the existing rates on your different debts.

While there are different ways to consolidate your debt, the most common way is through procuring a loan. However, your ability to qualify for a consolidation loan depends on your current credit score. Learn more about the debt consolidation process in Montreal here.


To file a consumer proposal, Montreal residents must go through a Licensed Insolvency Trustee in the area. Consumer proposals allow their participants to pay back less than what they owe to their creditors. Despite how good that sounds, it comes with some drawbacks and should be a last resort, much like bankruptcy. To qualify for a consumer proposal in Montreal, individuals must know to owe more than $250,000. Likewise, a married couple filing jointly cannot have more than $500,000 in debt.

Paying less than what you owe at a lower interest rate comes with some heavy consequences. For one, your credit score drops to the absolute lowest it can go. In addition, the consumer proposal will remain on your credit report up to three years after you complete the five-year program. This can make acquiring credit or buying a home or auto more difficult. Speak to a member of our team who understands the laws regarding consumer proposals in Montreal today.


Many people living in Montreal can find it difficult to keep up with the cost of living. If your debts have been piling up to an unmanageable amount, declaring bankruptcy might be the solution to your money troubles. However, one must never take bankruptcy lightly, as it is only a last resort. Speaking to a Licensed Insolvency Trustee can shed some light on your options and inform your next steps in finding a fitting solution.

Remember, declaring bankruptcy gets most of your debts forgiven, however you forfeit most of your valuable assets in return. In addition, you will no longer experience wage garnishments. Conversely, you may not be able to obtain credit for seven years, and there is a limit on how much you can earn during bankruptcy. If you’re thinking about filing for bankruptcy in Montreal, call us to speak with a professional who can help.


In 2023, 49 Montreal residents reached out to to finally tackle their debt problems. They were struggling with an average debt load of $17,026 but now have the help they need to get their finances, and their life, back on track.

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Resources available in Montreal, QC for people needing debt relief help

If you are struggling to make ends meet, apart from seeking professional credit help, there are several national, state, local government agencies, along with non-profit organizations, you can turn to:

Montreal Service Canada Centre

200 René-Lévesque Blvd W
Montreal, Quebec H2Z 1X4
(800) 622-6232
Available Services:
– Unemployment Assistance
– Child Benefits
– Senior Assistance

Centre de services spécialisés du Centre-Ville de Montréal – Employment Centre

1004 Saint-Antoine St W
Montreal, Quebec H3C 3R7
(514) 872-4310

CRA – Canadian Revenue Agency

305 René-Lévesque Blvd W,
Montreal, Quebec H2Z 1A6
(800) 959-7383

Royal Canadian Legion Quebec Provincial Command

1000 Saint-Antoine St W
Montreal, Quebec H3C 3R7
(514) 866-7491

L’œuvre des Samaritains

9413 Rue Lajeunesse
Montréal, QC H2M 1S5
(514) 388-4095

Institute of Community & Family Psychiatry

4333 Chemin de la Côte-Sainte-Catherine
Montréal, QC H3T 1E4
(514) 340-8210

Salvation Army

7066 St Hubert St,
Montreal, Quebec H2S 2M9
(514) 276-0349

Quebec Addiction Counselling

Gambling – (514)527-0140
Crisis Helpline (866) 277-3553

Debt Consolidation Loans

Loans Canada
Debt Relief Loans

Additional Credit Counselling resources available in:

Insolvency stats for Montreal


Q4 ’23Q3 ’23Q2 ’23Q1 ’23Q4 ’22
CONSUMER PROPOSALS1,001884854877798
MONTRÉAL IN TOTAL1,4081,3561,3171,3141,187


2022 DATA
DEBT RATIO:284% (-97%)
BANKRUPTCIES1,791 *(- 8.5%)
AV ASSETS$10,515
AV ASSETS$34,205

* () change from 2021

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About Montreal

What is unique about Montreal

Located in the French province of Quebec, Montreal has the second-highest population in Canada. The metropolitan Montreal area had a population of 4 million in 2016. Montreal was originally called “Ville-Marie” before changing its name to “Montreal” after Mount Royal.
Many people aren’t aware, but Montreal is actually an island. It’s located on the Island of Montreal, Bizard Island and some smaller islands.
French is the official language of Montreal, with about half of the population speaking it as their native tongue, followed by English, with less than a quarter of the population speaking it as their primary language. Like most Canadian cities, Montreal has four seasons, characterized by hot summers and cold, snowy winters.

Montreal’s history

Montreal is one of the oldest cities in Canada. Its history dates back about 800 years. When European settlers first discovered the area, the St. Lawrence Iroquoians occupied the space. Famous French explorer Jacques Cartier was the first European to reach Montreal when he made it there in 1535 in his search for a passage to Asia.
Montreal was under the control of the French until 1760 when the French lost it to the British in the Battle of the Plains of Abraham.
Montreal became a city way back in 1832 and was the capital of Canada from 1844 to 1849. Hosting Expo 67 and the 1976 Summer Olympics helped put Montreal on the map as a world-class city.

What’s Montreal famous for?

Old Montreal is a popular destination for tourists. It’s located in the southeast of downtown Montreal. Old Montreal has a very European feel to it. This is emphasized by cobblestone streets and architecture.
Also in Old Montreal is the Old Port. Once the site of the Port of Montreal, today it remains a recreation and historic area looked after by Parks Canada.
If you’d like a bird’s-eye view, be sure to hike up Mount Royal. Mount Royal was designed by Frederick Law Olmsted, who also planned Central Park in New York City.

What are the large economic drivers?

For a large part of Canada’s history, Montreal was Canada’s commercial capital. That lasted until the 1970s when Toronto surpassed it. There are many reasons for that, although separation played a key role. The rise in Quebec nationalism spooked many businesses, causing them to move their headquarters from Montreal to Toronto.
Today, the largest economic drivers in Montreal are commerce, finance, technology and culture. The city is also home to the Montreal Exchange.
Montreal’s economy has been weaker than most Canadian cities over recent decades, although it’s been reversing its fortunes in the latest years.

Recent changes that may have changed the economic outlook

The video game industry has been big in Montreal since the late 1990s. It all started with the opening of Ubisoft Montreal in 1997, followed by EA, BioWare, THQ and Gameloft. To help encourage other video game developers to move there, the Quebec government has been offering tax credits.
Besides the video game industry, other industries that help with Montreal’s growth include aerospace, electronics, printed goods, telecommunications and apparel.