We at EMR Debt Solutions have qualified negotiators, who will negotiate with your creditors outside of the court system on your behalf. We arrive at a suitable repayment plan that accommodates your current financial situation. Our team of negotiators are able to settle your debts up to 90%, but the client will be required to pay the settle amount in full to the creditors.

Informal Proposals are the best option for clients that owns a property with a lot of equity and individuals, who earns a high income above the Bankruptcy and Insolvency Act. Also, generally when a client offers creditors a settlement that is greater than if they filed for bankruptcy the creditors will most likely accept the Informal proposal thus allowing the client debt relief without filing for Bankruptcy.

Example: Bob owes $ 10,000.00 and creditors accept $ 3,000. Bob will need to pay $3,000 in full upon acceptance of the Informal Proposal.

What effect will this have on your credit bureau?
R7 (making regular payments through a special arrangement to settle debts)

It is our promise to you that your future will consist of a
“Path to Financial Freedom & Growth”
when you walk through our doors.