If you’re struggling with credit cards, loan payments, CRA tax balances, or monthly bills, our Ajax office provides clear, confidential guidance on consumer proposals, Ontario’s most popular debt relief solution.

With consumer proposal, you can reduce your debt, stop all interest, and consolidate everything into one affordable monthly payment — without losing your home, car, RRSPs, or personal belongings.

Clients choose YanchDey because we offer:

• • immediate protection from collection calls and wage garnishments,
  • debt reduction of up to 70% on unsecured balances, predictable monthly payments over 3–5 years,
  • no hidden fees or upfront costs, and government-regulated fairness.

Whether you live near Harwood Avenue, Westney Road, Salem Road, Kingston Road, or by the Ajax waterfront, our team will review your situation, explain every option clearly, and help you decide whether a consumer proposal is the right path toward long-term financial stability.

While we focus on consumer proposals as the most effective solution for Ajax residents, our Licensed Insolvency Trustees also assist with bankruptcy for clients who need it.

Consumer proposals in Ontario are a legally binding, government-regulated debt relief program for consumers.

This debt relief program allows Ajax residents to reduce their unsecured debt, stop all interest, and combine everything into one affordable monthly payment. Proposals are administered only by a Licensed Insolvency Trustees, such as Yanch Dey and Associates.

The Trustee Deals with Your Creditors

In a consumer proposal, your trustee negotiates directly with your unsecured creditors, not you.

The trustee will deal with the creditors for the credit card companies, personal loan lenders, or payday loan provider. The trustees job is to reduce your balance and create a repayment plan based on what you can reasonably afford. All of this is protected under the “Stay of Proceedings”, which immediately stops collection calls, interest charges, and wage garnishments.

Unlike debt consolidation loans, a consumer proposal does not require income qualification, a credit check, or new financing. And unlike bankruptcy, you keep your home, vehicle, RRSPs, and personal belongings. This is why more people in Ajax choose the advantages of a consumer proposal over any other debt solution.

While most residents in Ajax qualify for a consumer proposal, bankruptcy is still an available option for individuals who cannot afford any form of repayment.

Bankruptcy is a legal, government-regulated process that provides full relief from unsecured debt and offers a fresh financial start for those facing severe financial distress, loss of income, or overwhelming obligations.

Understanding the Differences

Where you’re considering bankruptcy we can explain what assets are protected, what debts are eliminated, and what your monthly duties would be so you always understand your rights and responsibilities before making any decision. For a full overview, visit our bankruptcy information page.

Although bankruptcy can be the right choice in certain situations, we prioritize helping Ajax residents avoid bankruptcy whenever possible.

In many cases, a consumer proposal provides the same debt relief benefits while allowing you to keep your home, vehicle, RRSPs, and personal belongings, making it the preferred option for most clients we meet.

When you call our office we’ll go over your debts and explain whats involved and how to file a consumer proposal. Our trustees will explain the simple, government-regulated steps involved. Starting a proposal in Ajax is easier than many residents expect — there are no upfront fees, no court appearances, and no need to negotiate with creditors yourself. Everything is guided by our Insolvency Trustees from start to finish.

Immediate Financial Protection

The timeline is for a consumer proposal is immediate, as soon as the proposal is filed collections stop. In most cases, interest ends immediately and collection agencies must stop calling the moment your proposal is filed.

Most people will qualify for a consumer proposal and all unsecured debt can be included in the proposal. When we start we’ll want to review your income, household budget, debts, assets, and any collections. Once your situation is assessed, your Trustee prepares a fair, affordable monthly payments based on what you can afford.

Lets Get Started

To get started in Ajax, you just need to:

• Give us a call (the hard part)
• Explain your situation to our trustee explaining your debts
• The trustee will give you suggestions and explain how they can help you

This makes starting a consumer proposal one of the most accessible, stress-free ways for Ajax residents to regain control of their finances.  Our Trustees will do everything for the proposal, just give us a call and we’ll get started today!