Every person’s financial situation is unique, and no single debt relief program is right for everyone. At MORATAYA Corp, our Licensed Insolvency Trustees will help you understand each option and find the one that’s right for you.
MORATAYA Corp., Licensed Insolvency Trustee. We provide debt relief services in Ontario, Alberta and British Columbia to individuals and small business owners.We can help you get a fresh start. We specialize in Consumer Proposals and Bankruptcy protection.
Each program comes with its own benefits and risks. Understanding them is the first step toward financial freedom.
A debt consolidation loan combines multiple debts into one manageable monthly payment, usually at a lower interest rate.
It simplifies repayment and can be a solid solution for credit card debt, as long as it covers all your outstanding balances. Keep in mind: consolidation doesn’t eliminate your debt; it restructures it.
You’ll still need to qualify for the new loan.
A non-profit credit counsellor reviews your finances and creates a Debt Management Plan (DMP) — a structured repayment schedule over three to five years.
If your creditors accept, you make one monthly payment to the agency. A DMP doesn’t cancel or reduce your debt, but interest relief can make repayment achievable.
Debt settlement is an informal arrangement where you negotiate with creditors to pay back a portion of what you owe. However, there are no guarantees your creditors will agree, and many settlement companies charge high fees, often just to refer you to a Licensed Insolvency Trustee.
If you have a lump sum available, you may be able to negotiate directly, but proceed with caution.
A consumer proposal is a legally binding agreement between you and your creditors to repay a portion of your debts over up to five years. Once completed, the remaining balance is discharged and you can start rebuilding your credit.
It’s often the safest, most affordable debt relief option in Canada, and it’s administered exclusively by Licensed Insolvency Trustees such as MORATAYA Corp.
Bankruptcy is considered the last resort for dealing with overwhelming debt.
In Canada, it’s a legal process regulated by the federal government that offers honest debtors protection from creditors and a complete discharge of eligible debts. Bankruptcy can provide a definitive fresh start when other options aren’t viable.
A proven track record of successful debt solutions.
Licensed by the federal government, you’re in qualified hands.
Custom solutions tailored to your situation, not a one-size-fits-all approach.
Talk to us about your options, zero pressure, zero upfront fees.
If you’re ready to break free from debt, contact us for a free, no-obligation consultation today. We’ll help you choose the right solution and guide you toward a fresh financial start.
100% Free & Confidential
No Judgment, Just Solutions
Available in English, Spanish Ukranian and Russian.
Same-Day Appointments Available: 1-888-880-0904 or 416-784-0904
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