Debt Settlement

In Edmonton & Northern Alberta

What Is Debt Settlement?

Debt Settlement may be used to describe one of several solutions designed to eliminate your unsecured debts through renegotiation or a legal process such as a consumer proposal or bankruptcy. There are a variety of informal settlement options including trying to negotiate directly with your creditors or having a debt counsellor propose a new repayment plan. As Licensed Insolvency Trustees we are the only professionals in Canada that are able to administer formal debt settlement solutions through the Bankruptcy and Insolvency Act. Filing for bankruptcy and filing a consumer proposal are the two formal options that are regulated by the federal government.

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Income Tax & CRA Debt Forgiveness

Find out what your options are to take care of debt with the CRA.

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Dealing With Student Loan Debt

Knowing all of your options can save you from wasting time and money.

Debt Settlement in Edmonton and Northern Alberta

Find out what debt settlement options are available!

Free Professional Advice

Goth & Company are here to help. No cost. No obligation.

Client Reviews

See what our clients have to say about their experience with Goth & Company Ltd.

Goth & Company Ltd. LIT

4.7

Based on 523 reviews

The entire experience has been positive , informative and honourable. Mr Goth explained everything in great detail and never made us feel humiliated. His knowledgeable, kind and gentle manor made the entire process much more tolerable and accepting. We appreciated his willingness to listen and professionalism.

Elise

1713841977

Mr Goth was very helpful throughout the entire process and took the time needed to explain each and every detail to make sure i understood .I would highly recommend Goth and Company for you financial needs.Once again Thank you yo Mr Barton Goth for helping through this process.Best Regards ,Russ Tureck

Russell T.

1713215429

During my consultation and review of my proposal all the information was provided with detail, and in a way that was easy to follow. Since then I have been so much more stress free as they have made the process so easy and tailored my payments to my income so that I can still afford to pay my other bills. I was terrified of having my debt consolidated but it has been an absolute god send! Definitely recommend giving them a call if you’re stressed about your debt like I was.

Samm B.

1713199909

I have the pleasure of meeting with the team who will help me begin a new life . The burden i was carrying with my financial problems was lift. I feel so happy and relieved that there is a group of people who can help someone like me . Thank you so much . I recommend anyone who is in this kind of situation to reach out to them .

j Q.

1713198926

Goth & Company Ltd. Took away my stress in my financial situation. As a busy person working, they try to help me based on my available schedules, Barton explained to me all the options with all the advantages and disadvantages of each of them. He made everything easy and simple for me. I will definitely recommend this company to all my friends and family that needed this kind of help.

Sherwin C.

1712120196

I am thrilled to share my experience with Goth & Company. They have truly been a lifesaver for me over the past 8 months. From the moment I reached out to them seeking help with managing my debt, they have been nothing short of professional, understanding, and dedicated to helping me navigate through a challenging financial situation.The team at Goth & Company went above and beyond to provide me with personalized support and guidance every step of the way. They took the time to carefully explain the process, answer all of my questions, and ensure that I felt comfortable and informed throughout the entire journey.Thanks to their expertise and assistance, I have been able to significantly reduce my debt and create a manageable repayment plan that works for my budget. I feel relieved and empowered knowing that I have their ongoing support and expertise to help me achieve financial stability.I highly recommend Goth & Company to anyone in need of debt management assistance. Their professionalism, knowledge, and commitment to their clients truly set them apart. I am incredibly grateful for their help.

Mandy K.

1711430017

I really appreaciate Mr. Goth professionalism when we had our meeting to sign the consume proposal .when we went through all the documents. He explain every everything and differences and made sure that i understand the process and made sure all the information are correct. It was seamless and pretty straight forward experience. Thank you

Eric T

1709374936

Jim and Bart of Goth and Company are the best! Professional, educated and compassionate in all their dealings. I have met them a number of times professionally and have the utmost respect for them and the work they do. I would never hesitate in recommending them to anyone looking for help with their debts.

Gerri N.

1400270663

As a fellow Trustee, I can attest that Goth and Company is widely viewed as a leading firm in the personal insolvency market. I have known Barton Goth for several years and have collaborated with him on numerous matters. Barton has personally worked with me in helping individuals to complete their debt restructuring proceedings and successfully achieve a fresh start.

Blair M.

1399416761

From time to time our firm needs to refer individuals to a Trustee in Bankruptcy in the Edmonton area and Goth & Company has been an excellent choice. A friendly voice answering the phone, combined with knowledgeable staff making themselves available to answer questions and schedule appointments leads to a great experience. We have always found their technical knowledge to be excellent and the feedback received from previous referrals is always positive. Thanks for your help Goth & Company.

Scott M.

1399308374

I have been dealing with Barton Goth for over some time now and know him and his staff to be professional and experienced with insolvency issues. Their personal approach and commitment to providing one on one service is a credit to the Trustee community. Be it either a consumer proposal or a personal bankruptcy, I have no hesitation in recommending Baron and his team.

YRUInDebt

1397177705

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Can I Negotiate With The CRA On My Own?

Are There Ways To Negotiate With The Canada Revenue Agency About Paying Back The Taxes I Owe? You can try, and we wish you luck... ...but realistically it is very difficult or impossible to negotiate an INFORMAL payment plan with Canada Revenue Agency that would allow...

The Things Debt Collectors Will Tell You…

A Collector For The Bank Told Me... they were going to sue me I would be responsible for court costs the sherriff would show up at my door and seize all my furniture my pension would be garnished the police would arrest me etc... What Should I Do ? Have you had anyone...

Can A Collection Agency Seize My Furniture?

A Collection Agent Has Been Calling Me Threatening To Seize My Furniture. Can They Do That? There are two general types of seizures when a debt is not paid; 1. Secured Debt Seizures A seizure by a secured creditor on the asset the creditor holds for security...

Frequently Asked Questions

Below are commonly asked questions about bankruptcy in Edmonton and in Alberta.

Who is Eligible to File for Bankruptcy in Edmonton/Alberta?

In Edmonton and Alberta, to be eligible to file for bankruptcy, you must:

Owe at least $1,000; and
Not be able to make your regular payments as they become due; or
Not be able to pay all of your debts if all your non-exempt property was sold.

How Much Does it Cost to File for Bankruptcy in Edmonton/Alberta?

There is a cost to file a bankruptcy that is regulated by the Federal Government. The cost is dependent on the following factors: Income, Family Size, and Assets you own.

For more information on the cost, you are best to contact Goth & Company Inc. directly and we can explain how the cost is determined in much greater detail.

Does the Filing of Bankruptcy Clear Me From All of My Debts?

While filing for bankruptcy will clear you from most of your debts, are a few exceptions. These exceptions include:

Secured creditors (eg. mortgage or car loan)
Court fines and penalties (including traffic violations)
Debts obtained by fraud or misrepresentation
Civil lawsuits involving intentional bodily harm, sexual assault or wrongful death
Student loans, if you have taken any classes in the 7 years prior to filing

Can My Creditors Continue to Harass me After I File for Bankruptcy?

No, upon the filing of a bankruptcy there is an automatic stay of proceedings. This is a legal procedure that revokes any of your unsecured creditors’ collection rights. If they call you, don’t panic. Just explain that a bankruptcy has been filed, and give them our name and phone number.