James MartinDebt – just hearing the word probably made you tense up a bit, right? If your credit card balances, loans, and endless bills have become your constant companions, I feel you.
Halifax is a lovely place, but financial stress can make even the prettiest harbor view look bleak. But hey, here’s the good news: debt consolidation services are here to give you some much-needed relief.
We did the legwork, sifted through options, and found the top debt consolidation services in Halifax that actually help you manage your payments and start breathing easier.
Ready to simplify your life and tackle that debt? Time to reclaim your peace of mind!
How much do debt consolidation services cost in Halifax?
Debt consolidation services in Halifax typically cost anywhere from 5% to 30% in interest rates for consolidation loans, depending on your credit score, along with an origination fee of 1% to 5% of the loan amount.
Credit counseling services from non-profits often include free initial consultations, with monthly debt management plans ranging from $30 to $100, plus a one-time setup fee of $50 to $75.
How We Chose the Best Debt Consolidation Companies in Halifax
1. BDO Debt Solutions
Address: 255 Lacewood Dr Suite 201
Phone: +1 902-425-3100
Business hours:
- Monday to Wednesday: 8:30 AM – 7 PM
- Thursday to Friday: 8:30 AM – 5 PM
Website: https://debtsolutions.bdo.ca/
BDO Debt Solutions is a trusted choice in Halifax’s financial scene, offering a listening ear to clients and helping them out through their debt services.
Their services include debt consolidation, credit counseling, consumer proposals, and bankruptcy assistance. However, we think that their service offerings are a bit limited compared to other companies.
From the moment you reach out, you’re met with a compassionate team that makes you feel heard and understood. They know how stressful debt can be and won’t make you feel judged – they’re here to help!
During a free initial consultation, they take the time to evaluate your financial situation and create a tailored plan to get you back on track.
Plus, as a licensed insolvency trustee firm, they’re federally regulated, so they’re authorized to provide consumer proposals and other legally binding solutions in Canada.
Very helpful and considerate
“I found BDO was a very professional throughout this hard hard ordeal. Something that’s nobody wants to go through and I found them very helpful and considerate I’m thanking Matthew and Krista for all their help. Thank you.”
-Jim, Trustpilot
My Fave Dentist
“I can’t express how much I appreciate the help this company has given me to get out of debt. I thought there was no way out of debt until I went to BDO. They relieved me from a lot of financial stress.”
-Hugh, Trustpilot
2. Halifax Debt Freedom
Address: 2 Ralston Ave Suite 100, Dartmouth
Phone: +1 902-707-4826
Business hours:
- Monday to Friday: 8:30 AM – 4:30 PM
Website: https://www.halifaxdebtfreedom.ca/
Halifax Debt Freedom is a top contender in the debt consolidation scene and has been around since 2015. They pride themselves in offering customized solutions to meet each client’s unique needs.
They offer services like debt consolidation, credit counseling, debt settlement, and financial planning. They can also combine multiple high-interest debts into a single, more manageable monthly payment with lower interest rates.
However, we did notice that some of their services are limited to specific, usually high-interest types of debt so it’s worth checking if you qualify before diving in.
On the bright side, their friendly team provides a welcoming atmosphere that makes discussing financial struggles easier. They also guide clients on how to improve their financial habits for long-term success.
The weight of the world is off my shoulders
“I thought i was destined to drown in consumer debt for the rest of my natural born life without any chance for assistance due to no collateral and a few maxed out credit cards. David has already paved out a plan for me to fix my financial path with no need for banks looking down on me and my financial mistakes, no need for collateral and no need for a co-signer. The weight of the world is off my shoulders and there is a light at the end of the tunnel.”
-Nessa K, Google Review
Amazing and so knowledgeable
“David is amazing and so knowledgeable in what he and his team knows! During this journey he was very helpful and was able to answer any questions, also helping me and family go from sleepless nights to relieved to actually save for our future.Thank you”
-Joney Theriault, Google Review
3. MNP Debt – Licensed Insolvency Trustees Bankruptcy & Consumer Proposals
Address: Young Tower, 6080 Young St Suite 912
Phone: +1 902-454-7934
Business hours:
- Monday: 1 AM-1 PM
Website: https://mnpdebt.ca/
MNP Debt is a well-known name in Halifax for offering comprehensive debt solutions.
They offer a wide range of services, including consumer proposals, bankruptcy assistance, credit counseling, and debt consolidation options.
MNP also focuses on financial education to help you avoid future debt problems, offering useful tools and budgeting advice.
Their team of licensed insolvency trustees provides a non-judgmental, compassionate approach to help you find the best way to tackle your financial challenges. They ensure you feel supported and empowered to take control of your finances.
During the initial consultation, they’ll go over your financial situation and tailor a plan to suit your needs, whether it’s creating a manageable payment plan or exploring options to reduce interest rates.
All that said, their services do fall on the pricier end.
I can finally see the light at the end of my debts
“The people I dealt with were friendly and very helpful. I will be debt free in 5 years which will be amazing. I am getting older and the stress of bills left behind for my estate to deal with was very overwhelming. I can finally see the light at the end of my debts. Thank you MNP for you patience and helpfulness. God bless you all!!”
-Darlene Hazel, Google Review
I found calm and comfort again
“The day I contacted MNP and then I met Ahlem was one of the best days of my life. The anxiety and worry of my debt went away and I found calm and comfort again. I recommend everyone who is dealing with debt to reach out to them.Thank you so much Ahlem for helping me to ressolve my debt and find the peace of mind again :)”
-Zahra Akhoundi, Google Review
4. Bromwich+Smith
Address: Founders Square, 1701 Hollis St Suite 800
Phone: +1 855-884-9243
Business hours:
- Monday to Saturday: 8 AM – 5 PM
Website: https://www.bromwichandsmith.com/
Bromwich+Smith is a top-rated debt relief company in Halifax known for offering tailored solutions to individuals facing financial stress.
Their services include debt consolidation, consumer proposals, bankruptcy assistance, and credit counseling. During a free, confidential consultation, they’ll review your finances and work with you to create a personalized debt relief plan.
The team at Debt Relief Specialists and Licensed Insolvency Trustees provides a compassionate and supportive environment, ensuring you feel comfortable discussing your situation. They’re super transparent and will guide you throughout the whole process.
They also handle all communications with your creditors, so you can focus on rebuilding your financial stability.
However, some clients have noted that the process can feel a bit slow at times.
Deeply indebted to them for their invaluable support
“ is with great pleasure that I express my sincere appreciation for the exceptional professionalism and dedication displayed by your team in handling clients’ cases. Collaborating with you all has been an absolute delight, and I am truly grateful for the opportunity to work alongside such esteemed individuals.
In particular, I would like to extend my heartfelt gratitude to Vanessa Zral and Jamel Erquiza for their outstanding contributions and unwavering commitment to excellence. Their expertise and unwavering dedication have been instrumental in achieving remarkable outcomes, and I am deeply indebted to them for their invaluable support.”
-Abdullah Swaleh, Google Review
I was struggling and hopeless I am so glad that I reached out
“The whole process with Bromwich and Smith specially to Randi Harper who made all things smooth, everything was explained and so easy to talk, kind and so professional. Also Vanessa Zral a very professional and lovely lady. I was struggling and hopeless I am so glad that i reached out a friendly and understanding , great atmosphere that helped me through a difficult journey! Thank you very much! Highly recommend!”
-Jhe San jose Canlas, Google Review
5. Grant Thornton Limited – Licensed Insolvency Trustees, Bankruptcy and Consumer Proposals
Address: 1675 Grafton St Suite 1000
Phone: +1 902-453-6600
Business hours:
- Monday to Friday: 8:30 AM – 5 PM
Website: https://gtdebtsolutions.com/
Grant Thornton Limited is a reputable name in Halifax’s debt relief scene with over 50 years of experience, having helped more than 100,000 clients already.
Their services include consumer proposals, debt consolidation, credit counseling, and bankruptcy assistance. During the initial consultation, they assess your financial situation and discuss all potential solutions, helping you choose the best path to reduce your debt.
They work closely with clients to restructure debts into manageable payments, often offering plans that don’t need resorting to bankruptcy.
Previous clients we’ve talked to tell us that their team is very professional and experienced, giving you straightforward advice tailored to specific needs.
However, we noticed that their debt relief process can take a bit more time compared to other companies, especially if you opt for a consumer proposal that requires negotiation and creditor approval.
Attentive, professional, informative, personable, kind and extremely supportive
“My experience with Krista Metcalfe, Manager of Debt Solutions has been absolutely amazing!! She was so attentive, professional, informative, personable, kind and extremely supportive. She made the process seamless. I HIGHLY recommend Krista Metcalfe if you have any questions about your debt. Thank you again Krista for making my experience with Grant Thornton so incredible!! I will definitely be recommending you to friends and family!”
-Julya Lynass, Google Review
No regrets
“My first impression of speaking with someone from Grant Thorton was very relaxing. They were professional, didn’t make me feel pressured to hand over my personal information. A phone call was scheduled a week away I Was given information how to prepare for my call. And options given to me how to proceed. I still feel relaxed and no regrets..”
-marie surette, Google Review
