At Yanch Dey & Associates, we’ve helped dozens of Ontarians escape overwhelming debt through a consumer proposal.
On this page, you’ll read real stories from clients who turned serious financial stress into manageable monthly payments — and finally regained peace of mind.
At Yanch Dey & Associates I found a way out of debt through a consumer proposal in Ontario. Read on — these are real stories from people who were once overwhelmed and are now rebuilding their lives.
I had wage garnishments, a payday-loan balance, and total debts of about $38,500. Every month, most of my paycheque vanished before I even thought about rent or groceries. Creditors called constantly. I was living paycheck to paycheck and felt trapped.
As soon as I filed the proposal with Yanch Dey, everything changed. Garnishments stopped. Collection calls vanished. The stress lifted almost immediately. My debt was restructured down to $11,800 over 60 months. For the first time in a long time, I could breathe.
I kept my home, regained financial stability, and finally had a sense of control over my finances again.
— Kamran, Peterborough
Fresh out of school I was drowning under student-loan debt, multiple credit-card balances, and a few personal loans. In total I owed about $27,000. My monthly minimums barely covered interest — it felt hopeless. I had no savings, no buffer, and I was constantly anxious.
After filing a consumer proposal, interest stopped and all debt was rolled into one manageable monthly payment of $160. For the first time, I was paying toward the principal — not just interest and fees. It felt like I was finally climbing out of the hole.
Over time I paid far less than what I originally owed and started rebuilding my credit. I’m no longer just surviving — I’m planning again.
— Aisha, Oshawa
My family was stuck under roughly $56,000, high-interest credit-card debt, unexpected costs and other bills. Every month felt like a gamble — one more emergency away from disaster. Bankruptcy felt like the only option, but the fear of losing our home terrified me.
Instead, we filed a consumer proposal. Our total repayment became just $18,900 over five years. We kept our home, avoided bankruptcy — and regained hope.
Today I finally feel like our family has a fresh start and a chance to rebuild without fear.
— Fiona & Marc, Whitby
I had a wage garnishment, a payday-loan balance, and total debts around $38,500. Every month, most of my paycheque vanished before I could even think about rent or groceries. Creditors called constantly; I was living payday-to-payday and felt trapped.
As soon as I filed the proposal with Yanch Dey, everything changed. Garnishments stopped and collection calls vanished. My debt was restructured to $11,800 over 60 months. Finally — I could breathe again.
I kept my home, regained financial stability, and got back control over my money and my life.
— Kamran, Scarborough
I was buried under several high-interest personal loans and overdraft charges — altogether about $34,000. Every month, fees, interest, and mounting charges drained whatever money I made. I barely saw a way out and felt trapped under debt, stress, and late-payment cycles.
Once I filed a consumer proposal with Yanch Dey & Associates, everything changed. Interest stopped immediately. My overdraft and loan balances were merged into one manageable monthly payment of $185. Creditors stopped calling. It finally felt like I could breathe again.
Now I’m paying down real debt instead of fees. I’ve closed out those negative accounts and have a plan for the future. I’m reclaiming control — and I have hope again.
— Raj, Ajax
I had about $29,000 in high-interest credit-card balances, plus smaller amounts in store-card and unsecured debt. Every minimum payment barely covered interest — my balance kept rising, and I feared I might lose my home if things spiraled further.
I decided to file a consumer proposal with Yanch Dey & Associates. Right away interest stopped. My debt was renegotiated, and my new fixed monthly payment became just $210. Creditors accepted. I kept my home.
Within months, the constant worry about calls and late payments vanished. Instead, I have stability, a clear path forward, and a plan to rebuild my credit and financial life.
— Monica, Pickering
All unsecured debts, credit cards and unsecured loans can be applied to a consumer proposal, getting you completely debt free in 5 years or less!
If you’re feeling overwhelmed by debt and not sure where to start, the best thing you can do is talk to someone who understands.
Call now and speak directly with me — Kelly Dey — for clear, honest advice that’s tailored to your situation. There’s no pressure and no judgment. We’ll look at your options together and create a plan that helps you breathe again. Getting started is easier than you think, and one simple conversation can put you back in control of your money and your life.
Let’s take that first step today.
A. Once your Consumer Proposal is filed by a licensed trustee, legal protection under a “stay of proceedings” begins immediately.
That means wage garnishments, creditor phone calls, lawsuits, and collection letters must stop. Many clients notice relief from stress and creditor pressure within days.
A. A consumer proposal can include most unsecured debts — such as credit cards, payday loans, personal loans, lines of credit, and tax or collection-agency debt.
Secured debts (like mortgage or auto loans), court-ordered support, or recent student loans may be excluded.
A. No — with a consumer proposal, you generally keep your assets.
As long as you maintain payments on any secured loans (like your mortgage or car loan), your home and vehicle aren’t at risk. The proposal only affects unsecured debts
A. Yes — most consumer proposals let you pay off the agreed amount early with no extra fees or penalties.
Paying early can shorten the repayment period, stop the proposal sooner, and help you rebuild credit faster.
A. Filing a consumer proposal will show on your credit report — but it’s often less damaging than bankruptcy.
Once completed, many former clients begin rebuilding credit, and mortgage or loan options may become available again (often with adjusted terms). You’re no longer drowning in debt — you’re regaining control.
A. Most proposals are approved within 45 days. Payments can last up to five years, depending on your situation.
The full timeline is outlined in our guide to the consumer proposal timeline.
Your remaining unsecured debt is eliminated, and you receive a certificate of full performance.
You can then rebuild your credit and move forward. Details are provided in our page on what happens after a proposal.
Insolvency Trustee – Kelly Dey
If you’re feeling weighed down by money or debt issues, give me a call at 905-721-7506 and lets just have conversation.
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Stephanie L.
5 days ago
★★★★★ I couldn’t believe how fast things turned around. After years of minimum payments on credit cards and overdrafts, I filed a consumer proposal with Yanch Dey. Within a month, interest stopped and collections calls ended — and my new payment became manageable. They saved me thousands and gave me peace of mind.
Jonathan R.
1 week ago
★★★★★ I always assumed debt-relief would be expensive and complicated. But Yanch Dey made it simple. Everything was included in one monthly payment — no hidden fees, no surprises. What I owed went from overwhelming to manageable. This consumer proposal was worth every dollar.
Diana P.
2 weeks ago
★★★★★ The burden was crushing — credit-card bills, student loans and personal debt. After the proposal, my balance dropped significantly and all interest froze. Now I’m on a steady monthly payment and finally feel hopeful about my financial future. I’m so grateful.
Mark V.
3 weeks ago
★★★★★ What impressed me most was how predictable the cost became. One fixed payment, no penalties, and no extra charge if I wanted to pay early. I saved money, escaped the debt spiral — and avoided bankruptcy. I highly recommend this to anyone drowning in unsecured debt.
Helen W.
1 month ago
★★★★★ My debt was piling up fast — credit cards, overdrafts, and a personal loan. I thought bankruptcy was the only option. Thanks to Yanch Dey’s consumer proposal, I kept my home, reduced what I owed, and now pay a comfortable monthly amount. It was the smartest financial decision I made.
Rise Above Your Debt!
Call 905-721-7506
