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  • About
    • Our Team
    • News, Updates and Notifications
  • Debt Solutions
    • Consumer Proposal
    • Personal Bankruptcy
    • Debt Repayment Planning in Alberta
    • Debt Repayment Calculator
  • Resources
    • BNA’s Resource and Help Center
    • Financial Blog
    • White Papers & Success Stories
    • Personal Information Forms
    • Debt Breakdown Podcast
  • Contact Us
  • (403) 232-6220

Leave Debt Behind – Your Fresh Start Is Just One Step Away

Get Instant Debt Relief with BNA Debt

Let’s Create Your Custom Plan Today – Free & Confidential

100% Free Consultation – No Upfront Costs, No Obligation, Just Peace of Mind.

  • Stop creditor calls and regain your peace of mind.
  • Protect your home, car, and RRSPs.
  • Personalized solutions tailored to your unique needs.

Consumer Proposal in Red Deer, Alberta, Canada

At BNA Debt Solutions, we understand debt challenges and how overwhelming it can be, and we’re here to help. Our priority is finding relief options that respect your unique situation without judgment or pressure.

A consumer proposal from BNA gives Red Deer residents a way to take back control of their financial situation—without turning to bankruptcy. This legal agreement lets you pay back a portion of what you owe on terms that fit your budget and lifestyle. It’s about giving you the space to breathe, rebuild, and focus on creating a future you can feel good about.

Debt Might Feel Manageable Now, But Here's Why Addressing It Early Can Make a Big Difference

Debt challenges are common across communities in Red Deer, and addressing them early can make a big difference in avoiding the pitfalls of mounting interest, collection calls, and long-term credit damage.

Higher Interest Rates

Debt can often feel manageable at first, but over time, interest adds up—sometimes more quickly than expected. Compounding interest can make debt repayment harder, but this doesn't mean it's impossible to regain control and repay debts. With a consumer proposal, we can stop interest from growing further, making your repayment plan more transparent, fairer, and easier to manage.

Debt Collection Efforts

Receiving frequent calls or letters from debt collectors can be an incredibly stressful experience. It's easy to feel overwhelmed, but there is a way to change the situation. A consumer proposal helps pause these collection efforts, protecting you from further actions or debt problems and creating the space you need to regain peace of mind.

Damaged Credit Score

Debt can impact more than just your present—it can affect your future opportunities, too. A credit score that takes a hit can make renting, borrowing, or planning feel like an uphill climb. But it doesn't have to stay that way. With a consumer proposal, we can help you stabilize the situation and prevent further harm, so once debt-free, you can start rebuilding your financial confidence.

Risk of Bankruptcy

For many, escalating debt brings concerns about bankruptcy—a step no one wants to take unless necessary. Bankruptcy can have lasting consequences, but it's not your only or best option here. A consumer proposal is a practical alternative, offering manageable repayment terms that help you avoid bankruptcy while protecting what's most important.

Let’s Create Your Custom Plan Today – Free & Confidential

A Legacy of Support: Over 25 Years of Building Financial Success with Consumer Proposals in Red Deer, AB

Here's What Our Clients Have to Say:

The team at BNA Debt Solutions transformed what I anticipated to be a shameful and difficult experience into a warm and seamless process. Their professionalism and compassion made all the difference. I highly recommend anyone considering their services to take the leap — you won’t regret it. Truly outstanding!

Naomi Robinson

I recently had the pleasure of working with BNA and wanted to share my positive experience. From the moment I reached out for assistance with my financial situation, the team at BNA was incredibly supportive and knowledgeable. Their dedication to helping clients achieve financial freedom is truly commendable. The personalized approach they took to understand my specific needs and create a tailored debt management plan was impressive. Not only did they provide effective solutions, but they also offered valuable financial advice that has helped me make better decisions for my future. I am grateful for the professionalism and expertise demonstrated by the team at BNA Thanks to their guidance, I am now on a clear path towards financial stability. I highly recommend BNA to anyone seeking reliable and trustworthy debt management services. Thank you Lovelyn!

Seifeladdl Zreba Designation

So very thankful for the support BNA provided through a stressful period of my life.  They walked me through every step and had regular check ins. Finally things were resolved and I shudder to think where I'd be without their help. I can breathe easier now thanks to Barry's group.

Ron Arias Designation

Simmie is the most professional, compassionate and hard working person you could hope to meet if you are in a position that requires this kind of effective financial navigation. She is empathetic, resourceful, and willing to work on complex solutions for even more complex issues. She is incredibly knowledgeable, attentive and willing to go the extra 10 miles when scenarios call for it. If you are in need of sound advice, she is the person you want to speak with for recommendations before making any decisions on difficult financial situations. I cannot recommend her enough.

Jessica Carruthers Designation

Lovelyn was very helpful and accomodating. She gives you assurance and provides relief. Super helpful and very nice.

Bernard Carbonell Designation
Let’s Create Your Custom Plan Today – Free & Confidential

What is a Consumer Proposal? Your First Step to Financial Freedom.

A consumer proposal is a legal process or agreement to pay back a portion of your debt over a set period. This option can offer significant relief for those struggling with debt without the drastic measure of declaring bankruptcy. It provides a way to regain control of your finances while avoiding some severe consequences associated with bankruptcy.

Consumer Proposal vs. Bankruptcy and Other Options

Get Your Free, No-Obligation Consultation

Speak with one of our experts to learn how a consumer proposal can help you reduce your debt and regain peace of mind.

Schedule a Free Consultation

Use Our Consumer Proposal Calculator to See How Much You Can Save!

Note: This is an average repayment, however, each person’s circumstances will impact their repayment

Ready to Tackle Your Debt? Schedule a Free Consultation.

Step-by-Step: How a Consumer Proposal in Red Deer Can Help You Start Fresh

We’re with you throughout this journey, offering support and guidance to ensure you stay on track. Our Red Deer office is always open if you require further assistance or have any questions.

  1. Initial Consultation
    We begin with a free consultation. Our team will listen to your concerns, understand your financial situation, and help you feel hopeful about the future.
  2. Tailored Debt Solution
    We work with you to create a consumer proposal that suits your needs. It involves a repayment schedule you can manage and aims to eliminate debt without declaring bankruptcy.
  3. Legal Protection from Creditors
    Once filed, the consumer proposal is a legally binding contract. It stops creditor actions like wage garnishments or collection calls, giving you the breathing room needed to take charge of your finances.
  4. Manageable Monthly Payments
    During this process, we focus on what you can realistically pay. By consolidating what you owe into a single, monthly payment, we help make budgeting simpler.
  5. Improving Your Credit and Financial Health
    By choosing a consumer proposal, you start improving your credit report. It may not be perfect right away, but it’s a step toward financial stability and freedom.

We're Here to Help.

Let us show you how we can simplify your financial situation and give you the fresh start you deserve.

Schedule a Free Consultation

Licensed Insolvency Trustee: Your Trusted Partner in the Consumer Proposal Process

Struggling with debt is tough, but a Licensed Insolvency Trustee (LIT) offers a reliable path forward. By working with a LIT, residents of Red Deer can explore financial solutions like consumer proposals, which help regain control without declaring bankruptcy.

Consumer proposals offer a way to handle debt without losing assets or facing severe consequences on your credit report. Monthly payments can become more manageable, allowing you to avoid bankruptcy and regain financial stability. With the support of an LIT, you follow a clear path of financial recovery tailored to your needs.


How a Licensed Insolvency Trustee Can Help You Navigate Debt Consolidation

A LIT is a professional authorized to guide individuals through debt relief options. Through expert advice and a respectful approach, an LIT provides the guidance needed to navigate complex debt challenges. They ensure the process is smooth and supportive, offering Red Deer residents a fresh start toward financial freedom.

Thousands Trust BNA Debt Solutions for Real Debt Relief in Red Deer – Here's Why

Decades of Trust: 27+ Years of Helping Red Deer Residents

Our team at BNA Debt Solutions has been dedicated to serving the people of Red Deer and beyond for over 27 years. Being a family-owned business gives us insight into the unique struggles and pressures faced by Albertans.

Customized Debt Solutions Just for You

We understand that each client's financial situation is unique, which is why we offer customized solutions. Our consumer proposals provide legally binding agreements that offer significant debt reduction and stop further creditor actions.

Clear, Honest, and No-Nonsense Advice

At BNA Debt Solutions, honesty is at the core of our services. We believe in being transparent about your options and helping you understand the best methods to eliminate debt. Our goal is to provide clear, no-nonsense advice that cuts through all the possibilities and complexities of debt relief.

Turning Debt Stress into Debt Success

Debt can be overwhelming, but success is within reach with the proper support. Our team is adept at transforming financial problems and stress into achievable solutions. BNA Debt Solutions guides you through options like consumer proposals, which reduce debt and stop interest rates from escalating.

Solutions Over Sales: We're Here for You

Our commitment is to find the best solutions for our clients rather than take money or pressure them with sales pitches. Our priority is to understand your financial issues and offer ways to address them effectively. Our Licensed Insolvency Trustees tailor their approach to suit your individual needs, never pushing unnecessary services.

Trust, Transparency, and Real Results

Building trust with our clients is paramount. We are committed to transparency and delivering results that make a real difference. Our clients in Red Deer continue to turn to us because we provide honest, clear, and effective debt relief solutions.

Why Choose a Consumer Proposal? Discover the Benefits of This Debt Solution

Choosing a consumer proposal is about reclaiming control over your finances. Our Licensed Insolvency Trustees in Red Deer, AB, provide free consultations to explore how a consumer proposal could be the right solution for you. We aim to guide you through this process, offering insight into budgeting, managing assets, and protecting your income.

Key Benefits:

  • Breathing Room: A consumer proposal often adjusts monthly payments to a more comfortable level. This can improve your day-to-day living, allowing you space to manage other essential expenses.

  • Lower Total Debt Payments: With the proposal, only a portion of what you owe is repaid, offering significant debt relief. This approach protects you from high-interest rates that can otherwise increase what you need to pay back.

  • Stay of Proceedings: Legal proceedings and other creditor actions are halted, which can significantly reduce stress. Collection agencies will no longer contact you, providing immediate peace of mind.

  • Credit Score Repair: While a consumer proposal does affect your credit report, it helps prevent further damage compared to all the downsides of ignoring debt or declaring bankruptcy. It’s a proactive step towards financial freedom.

Take the First Step Toward Financial Stability with a Free Consultation

If you’re feeling overwhelmed by debt, whether you’re in Sunnybrook, Downtown Red Deer, or Timberlands, you don’t have to face it alone. Schedule your free consultation today and explore a brighter financial future with BNA Debt Solutions.

Benefits of a Free Consultation:

  • Personalized Plan: Tailor a plan that considers your unique financial challenges.

  • No Obligation: Explore your debt relief options without any commitment or pressure.

  • Professional Advice: Gain insights from our experienced Licensed Insolvency Trustees.

We’ll listen without judgment, offer personalized solutions, and help you regain control. Trust us to guide you toward a brighter financial future—starting now.

Turning Financial Struggles into New Beginnings: Your Trusted Partner

We’ve worked hard to earn the trust of Albertans for over 25 years. We’re proud to be recognized for our commitment to excellence and transparency.

Get Your Free, No-Obligation Consultation

Speak with one of our experts to learn how a consumer proposal can help you reduce your debt and regain peace of mind.

Schedule a Free Consultation

Your Questions, Our Answers – Let's Make Things Clear (FAQs)

What is debt settlement?

Debt settlement involves negotiating with creditors to pay less than the total owed. It’s a bankruptcy alternative but may affect credit scores and involve potential tax liabilities. Consider options like a consumer proposal for structured legal protection.

What is the right of set-off?

The right of set-off allows creditors to use funds in your account to offset unpaid debts, like loan arrears. This can occur without notice, so monitoring account activity and promptly addressing delinquent payments is essential to avoid unexpected losses.

How does garnishment affect wages?

Wage garnishment is when a creditor legally deducts a portion of your income to repay debts. A consumer proposal or other legal options can stop garnishments, allowing one to regain financial control and restructure debt payments.

What happens if I default on a secured loan?

Defaulting on a secured loan may lead to repossession of the asset tied to the loan, such as a vehicle or property. Addressing the issue early through forbearance or restructuring options can help prevent repossession and reduce further financial liability.

How does a stay of proceedings help?

A stay of proceedings pauses creditor actions like lawsuits or collection agency efforts during a legal process, such as filing a consumer proposal or bankruptcy. It provides breathing room to create a plan for debt repayment without the threat of immediate enforcement.

Which Areas in Red Deer Does BNA Debt Solutions Serve for Consumer Proposals?

BNA Debt Solutions serves all areas within Red Deer, including Downtown Red Deer, Riverbend, Hillcrest, Lyster Heights, Pointview, Lagonda, Canyon Meadows, Maplewood, Bayside, Pinehaven, Sunnybrook, Timberwoods, Timberlands, Rocky Ridge, Innisfail, Sylvan Lake, Deer Park, Southbrook, Highland Green, Oriole Park, Lancaster Green, Clearview Ridge, West Park, Anders Park and Penhold. Whether you’re residing in the heart of the city or in one of the surrounding communities, our team is dedicated to providing effective consumer proposal solutions to help you achieve financial stability.

Areas We Help: Red Deer

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  • Fax: (403) 232-6262
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