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. 

Income Tax & CRA Debt Forgiveness

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

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!


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
Based on 391 reviews
In 2006, I had the opportunity to use Goth & Company. I dealt with Mr. Goth, & his Son. Both of them were so kind, so friendly, & so pleasant to deal with during such a stressful period. They answered all of my questions that I had about filing for my first personal bankruptcy to the best of their ability. Now in 2023 I've had to use their services again. Still Barton is as kind & as friendly as he was seventeen years ago. All the staff that I've meet & that I've deal with have been so friendly & so knowledgeable to deal with. The best thing that anyone can do for themselves is to see Goth & Company as soon as possible to take all the pressure & the frustration off from trying to deal with their debt themselves. I'm so glad that I made the right decision for myself to have used Goth & Company, & I wouldn't hesitate not to use them again if I had to!
Tom P.
14:08 04 Sep 23
Found Goth & Company on the Industry Canada list of Licenced Insolvency Attorneys. Very informative and attentive from the first phone call. A big shout out to LM who handles cases before filing. She responded to e-mails in real time!!! That was new.They are very clear about their role. They are experienced and it shows in their feedback.Please take the budgeting classes that they offer. I know they are mandatory and yet the staff truly take them seriously. There was no judgement on Paula's part. She guided me and for once I felt less guilt and on the cusp of being in control. I keep receipts, I have opened a HISA account. I am slowly putting away my nest egg.I would highly recommend them to anyone in Canada. Honest, transparent and hardworking is how I would describe Goth and Company.My CP was approved this week, on original terms to boot!!!💃🏾
nnm B.
03:54 19 Aug 23
I have found Goth & company Ltd. with some research online. Try to find people who you need to trust and depend on is very hard decision. It s been 2 months and I m very happy with my decision. People works at goth & company are very professional and caring people. If you ask a question or need some information they get back to you very quickly. They can even do everything online without going to the office if you are out of country or some other reason that you can't go to the office. Overall I m very happy with my decision and I recommend them to everyone.
Nurhak P.
15:02 16 Aug 23
excellent experience I had with the staff at Goth & company. The staff I dealt with were not only professional, but they were human beings who understood. They were kind and unbelievably helpful and walked me through the steps one by one, stopping when I needed help. Bankruptcy is a difficult thing to go through and to talk about but they made it easy by breaking tasks into steps and by following along as required. At no point in the process did I feel judged or humiliated. I would HIGHLY recommend this company for all your legal requirements
17:09 04 Jul 23
I filed a consumer proposal at the end of May with Goth & Company Ltd’s help. I was pleasantly surprised at the trustee’s manner during the appointment. Filing a bankruptcy, etc. is kind of nerve wracking and I think my husband and I were expecting to be “dragged through the mud” with questions as to why we couldn’t/didn’t do more to pay our debt (we did a lot! Lol) but it wasn’t like that at all. Our service person was super personable, humorous, understanding, and very clear as we went through the process. Thank you!
Megan K.
16:05 04 Jul 23
I was very nervous in the beginning that this opportunity was too good to be true. My representative Dino walked me through everything and made sure I understood the process. He is the reason I moved forward as he was confident and reassuring that this was the right step. I’m very excited to be able to start paying off my debt and be able to move forward positively regarding my finances.
Melissa W.
03:44 09 Jun 23
WOW! What an excellent experience I had with the staff at Goth & company. The staff I dealt with were not only professional, but they were human beings who understood. They were kind and unbelievably helpful and walked me through the steps one by one, stopping when I needed help. Bankruptcy is a difficult thing to go through and to talk about but they made it easy by breaking tasks into steps and by following along as required. At no point in the process did I feel judged or humiliated. I would HIGHLY recommend this company for all your legal requirements
Cathy W.
10:40 08 Jun 23
Experience, knowledge, assurance, delivery, accomplishment, confidence, great time management are just a few words to describe Goth & Company. I am pleased that I was connected with them. Their efficiency and expertise put me on the path to a sound financial footing. You are safe in their hands. Thanks Goth & Company.
Yvonne C.
13:04 15 May 23
Nice people, friendly and very smooth transaction. They took my stress away in no time and make the situation pleasant. Bankrupting has never been in my vocabulary but due to the “pandemic” I could not see myself moving away from the load of debts. Thanks for having the right attitude in helping me in times of need. It was refreshing! believe me. 5 stars ⭐️ service.
Joseph R.
04:39 07 May 23
Was very knowledgeable. Well explained as what the difference was between debt proposal and bankruptcy. Felt like a big load had been taken off my mind and shoulders. Would recommend this to anyone who is ina place that there income just isn't enough to cover the financial problems a lot of Canadians face. Thank you so much.
Carmen H.
20:18 11 Apr 23
I was very nervous as I had never done a proposal before. Michael Buckler was both patient and kind in discussing each step of my proposal. My mind was put at ease and a huge weight was lifted off of me. I highly recommend Goth & Company Ltd if you find yourself in financial difficulty and need some help.
Teresa M.
14:45 07 Apr 23
I was so pleased with the service I received from Goth & Company. They went above and beyond to help me find the perfect solution for my situation. I was very impressed with the welcoming and service that I have received from their office staff. If anybody finds itself in a stressful debt situation I would highly suggest Goth & Company. It means a lot if u are under a stressful debt situation and there is somebody who is willing to help like Goth & Company.. A big thanks to Heather, Joanne, Mr. Mazerolle and all others that were involved in helping me.
Suvada C.
04:11 05 Apr 23
When a situation in my life was causing severe hardship and I wasn't sure where to turn Goth & Company Ltd. was a saving grace! Barton Goth took the time to explain all of my options and provided clarity and honesty. He never once made me feel pressured to choose their services or made me feel like I was just "another customer" when I had some unusual circumstances his firm took the extra time to find the answers I needed. They made what was a VERY stressful time sensitive matter turn into a very easy and calm situation. I would never recommend using any other firm for these types of situations.
Christie B.
17:56 02 Mar 23
I have a very bad situation regarding my financials. Many years i tried to resolve that situation with no succsess at all. I`ve contacted several companies, individuals for help, but every time I had some reservations to not trust or believe them. I had personal contacts with two face to face but there was no conviction that I can be safe and everything will be OK. Years are passing, I`ve drown deeper and deeper. Praying wasn`t helpful.One day I saw advertise on FB about GOTH&Company. Suddenly lights were up in my had, "Let`s ask them" "Let`s try one more time" I said to myself. I contact them via E-Mail and response was so warm and promising. I continue folowing their instructions and meet first person in person at their site. Somehow I just start to trust. I was so lost in my life. Then I met another person there, then another, then another and I start feeling like I`m home with my family who is here to protect me and give me hope, strength and light to continue my life with hope for good. Now, after I follow their guidance and collect all info about my situation and me personaly, after they listen carefully, process of my freedom started to be reality. I am so confident that they will help anyone who need help this kind as I saw professionalism, honesty, selflessnes and pride what they are doing. Those people are very serious and so strong in their work to help others who are cornered and in agony as I was. I`m not anymore. I`m so calm, clear minded and hopeful, thanks to their work for me. Thank you GOTH&COMPANY for changing my life for good, forever. I wish you the best in your future business and connection with people. Sincerely, Just one of those simple man: Hasan Muratovic. Thank You.
Hasan M.
17:37 02 Mar 23
I called them after talking to other companies that were seemingly out for their own interests. They answered all my questions, were not judgmental, saved me thousands over the adds you see on FB companies. Made me feel like I might actually have hope of a better future. I would highly recommend them to anyone looking for advise on their debt solution options. Life changing.
amanda G.
15:46 02 Mar 23
I have nothing but good things to say about Goth & Company. Since the choice to trust our financial situation with Goth has begun, i have been relieved of unmentionable amount of stress. Trying to repay debts without any way to accomplish that task is a form of insanity. Such a relief to discover and relax with Goth's help.
Jewal B.
22:45 06 Feb 23
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.
20:04 16 May 14
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.
22:52 06 May 14
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.
16:46 05 May 14
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.
00:55 11 Apr 14

Recent Posts About Debt Settlement

We continually publish new content based on questions and feedback from our clients and visitors.

Can I Negotiate With The CRA On My Own?

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...

read more
The Things Debt Collectors Will Tell You…

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...

read more
Can A Collection Agency Seize My Furniture?

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...

read more

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.