BNA debt solutions is now in british columbia
Consumer Proposal in BC
Consumer Proposal Guidance in British Columbia
Reduce your unsecured debt by up to 80%
A Consumer Proposal may reduce the amount you need to repay and combine eligible unsecured debts into one monthly payment. At BNA a Licensed Insolvency Trustee along with their team will review your financial situation and explain whether you qualify.
No obligation. No pressure. Your first step is a free, non-judgemental conversation.
Federally Licensed Insolvency Trustees
Federally Regulated Debt Relief
Serving BC from Surrey and Kelowna
Established in 1997
Free Consultation
our bc offices are new
The trust behind BNA has been built since 1997
Every client’s financial situation is different. Their reviews reflect the value of being heard, understanding their options, and having a clear plan forward.
If you are in a position where you need to find a solution out of debt, reach out to BNA for more information. There is no commitment to find out what options are available. I was embarrassed and uncomfortable to share the details of my experience but Sammie immediately put me at ease. She is compassionate, knowledgeable, flexible and an amazing problem solver. She covered all options available to me at my convenience, she passed no judgment, and I felt no pressure to commit. Together we settled on an option that worked best for me. It is never a winning situation to be in a position where you need to dig yourself out of a hole you created but I can finally see a light at the end of the tunnel, thanks to the team at BNA.
You walk in anxious and heavy, that awful burning in the pit of your stomach that comes with debt; feelings of shame, uselessness, irresponsibility. But then you talk to a representative like Simmie, and the weight of the burden begins to melt away. She’s there for you, she talks you through many options, she answers each and every one of your questions with clarity and compassion. Not only does she want to help, she’s trained and licensed to do so. There is work involved for you in this collaborative process, papers and numbers and lists but in the end you are presented with a very feasible, simple plan that allows you to breathe, to engage with your life and your finances in a measured way. I cannot thank Simmie and BNS enough for their empathy, quick turnaround, and straightforward processes.
Unfortunately ran into a sticky financial situation and was referred to BNA Debt Solutions through a debt counselling service. Have had a few meetings and they were always very helpful, kind and understanding. They made my consumer proposal very easy to understand and walked me through it all to ensure I was comfortable with the documents before we took any action. If you’re stressing out about financials, there is help available and I wish I would have reached out earlier. BNA is a great option!
I’ve got myself in very ugly financial situation. It was so stressful that I thought my life is over. It had very big impact on my mental and physical health. When I found out about BNA and their business it was just thin hope that maybe I would find some help. My first appointment was with Simmie Pandher in the office of BNA. After I presented my situation and my worries, Simmie has shown an enthusiastic interest to understand , assist and help me. She sounds like an angel when she said to me that I came to right place where they will find right solution for me. She told me that all my worries ,sleepless night and other concerns will be over. Now because of professional dedication and knowledge of Simmie and Andy Wong and their all team I am back to life again. THANK YOU!
Bad things happen to good people, especially in times of economic and employment uncertainty.
From the very beginning, from my first phone call, BNA Solutions has treated me with respect, empathy and complete professionalism.
The staff were very thorough, knowledgeable and prompt with all my interactions. All options were explained to me and I felt there was hope rather than darkness and despair.
Have used BNA Debt Solutions twice. Once for credit card debt and another regarding a business failure. Both times very empathetic to my situation. I felt I had someone in my corner when it came to dealing with institutions that were aggressive and not empathetic to our situation. Would recommend them infact I have sent three other individuals that had financial challenges and they were grateful that I recommended such a strong team of advocates for their situations.
We’ve Seen Careful Budgets Stop Working
When every payment leaves less room to live
Monthly payments keep leaving your account, but interest charges make it difficult to reduce the balances. Everyday expenses begin moving onto credit cards, and one due date becomes several. Even when you are carefully managing your money, keeping up with multiple debts can become overwhelming.
- Minimum payments with little visible progress
- Credit card debt covering ordinary costs
- Payday loans filling the next gap
- Multiple debts crowding the same paycheque
- Collection calls reaching work and home
- Wage garnishment reducing take-home pay
If this feels familiar, the problem is not a lack of effort. The current repayment plan simply leaves too little room for real life.
The debt needs an End Point
A Consumer Proposal gives debt a finish line
That finish line is not another loan. It is a legal agreement under the Bankruptcy and Insolvency Act, built around what you can reasonably repay.
A Consumer Proposal can combine eligible unsecured debts, such as credit cards, payday loans, and income tax debt, into one reduced repayment plan. A BNA Licensed Insolvency Trustee prepares and files the proposal and communicates with the included unsecured creditors on your behalf.
With an accepted Consumer Proposal, you can:
Repay less
Settle most unsecured debts for an agreed portion.
Freeze interest at 0%
Prevent new interest charges on included debts.
Make one payment
Replace multiple debts with one affordable monthly payment.
End creditor pressure
Stop collection calls, wage garnishment, and legal action from included unsecured creditors.
Keep what you own
Protect assets while staying current on secured debts, such as your mortgage or car loan.
Avoid bankruptcy
Complete a legal debt solution without having to declare bankruptcy.
the numbers are only part of the story
A Consumer Proposal changes more than your payment
Note: Calculator estimates are for general information only. Actual proposal terms depend on your income, expenses, assets, debts, and creditor acceptance.
a quick fit check
Let’s see if a Consumer Proposal could fit
- You are a BC resident filing as an individual.
- You live, do business, or own property in Canada.
- You owe at least $1,000 across your debts.
- Your total debt is $250,000 or less, not counting debt secured by your main home.
- You cannot pay debts when they are due, or you owe more than you own.
- You can manage one affordable Consumer Proposal payment each month.
Matching some of these points does not mean you are required to file. It simply means your financial situation may be worth reviewing with a Licensed Insolvency Trustee. A BNA LIT, along with their team, will review your full financial situation and explain whether you qualify for a Consumer Proposal in BC.
if the fit looks possible
The next question is not only how much you owe
It is what each balance is tied to. Here is where the most common debts usually land.
| Often Included in the Proposal | Usually Paid Outside the Proposal |
|---|---|
| Credit card debt, unsecured lines of credit, and overdrafts | Mortgages and home-secured lines of credit |
| Unsecured bank loans, payday loans, and unsecured debt consolidation loans | Car loans secured against the vehicle |
| CRA income tax debt and other unsecured tax debts | Ongoing child and spousal support |
| Utility, phone, medical, and rent arrears | Some court fines, penalties, and restitution orders |
| Government student loans if you left school at least seven years ago | Recent government student or apprentice loans |
| Your liability for joint unsecured debts For joint debts: Only your responsibility for the included debt may be released. A co-borrower or guarantor may remain responsible for the outstanding balance. | Fraud or misrepresentation debts that legally survive |
Still unsure where your debt fits
Don’t see your debt in either column?
Some debts do not fit neatly into a table. The answer may depend on when the debt began, what secures it, or why it is owed. Our team at BNA Debt Solutions can tell you what may be included in a Consumer Proposal and what will stay payable.
if you decide to file
How a Consumer Proposal works with BNA
Your payment explained
Debt relief is not only about paying less
It is knowing what leaves your bank account each month and when the debt will end. The plan has to fit the life you still need to live.
Start closer to home
BNA’s Consumer Proposal service areas in British Columbia
Consumer Proposal in Surrey
For people across the Lower Mainland, BNA’s Fraser Highway office offers a local place to make sense of the numbers. We serve Surrey, Vancouver, Richmond, Burnaby, New Westminster, Delta, and Langley. Select Surrey when booking, and our intake team will arrange your free consultation.
Consumer Proposal in Kelowna
For people in Kelowna and nearby Okanagan communities, debt can look different when home equity and rising monthly costs are part of the picture. At our office near downtown and the waterfront, our team at BNA can review your unsecured debt and explain what may work.
What started in 1997 kept growing
So did the trust placed in BNA
Client by client, BNA built a record of clear guidance and workable debt solutions. The recognition below marks moments along that longer journey.
The filing is only the beginning
BNA stays with you through the whole proposal
You get nearly three decades of experience
Since 1997, we have helped Canadians find a clearer way through debt.
You get a full picture debt review
We review your income, assets, living costs, and total debt level.
You get options without filing pressure
We compare your financial options before recommending a proposal.
You get a payment you can finish
We work toward one monthly payment that fits your real-life budget.
You get federally licensed guidance
A BNA Licensed Insolvency Trustee handles every legal filing step.
You get support through completion
We stay with you throughout your active Consumer Proposal.
You have seen the path from filing to finish
Now let’s clear up what may still be uncertain
Can I file a Consumer Proposal myself?
No. Only a Licensed Insolvency Trustee (LIT) can file and manage a Consumer Proposal under the Bankruptcy and Insolvency Act. At BNA, your LIT along with their team reviews your financial situation, prepares the offer, files it, and deals with your unsecured creditors.
What happens if creditors reject my proposal?
A rejection does not end the conversation. Creditors may suggest different terms, and we can revise the offer with your approval. If a meeting is held, a majority in dollar value of the claims voting must agree.
Will I lose assets in a Consumer Proposal?
Usually, no. Unlike personal bankruptcy, a Consumer Proposal normally lets you keep your assets. In BC, the exemption amounts used in the bankruptcy comparison include $4,000 in household goods, $5,000 for one vehicle, and $10,000 in work tools. Home equity protection is $12,000 in the Metro Vancouver Regional District and Capital (Victoria) Regional District, or $9,000 elsewhere in British Columbia.
Does a Consumer Proposal include secured debts?
Not usually. A proposal may reduce credit card debt and income tax debt. It does not change a mortgage or car loan secured by the asset. Keep those payments current. Secured creditors may still act if you fall behind. A proposal alone cannot stop mortgage foreclosure.
Will a Consumer Proposal affect my credit score?
Yes. A Consumer Proposal appears on your credit report and affects your credit rating. Equifax and TransUnion remove it three years after you pay the included debts or six years after signing, whichever comes first. You can take steps to rebuild credit while the proposal is active.
How does a Consumer Proposal compare to other options?
A debt consolidation loan replaces debts with new credit and interest. A debt management plan usually repays the principal in full. A Consumer Proposal may reduce included unsecured debts, stop further interest, and provide legal protection. At BNA, our team of experienced team members can explain whether it fits your financial situation.
start with clarity
A proposal should make life more manageable. Not become another problem.
Creditors need a reason to accept the offer. You need a payment you can complete without creating a new problem. We work toward both: a proposal based on your financial picture, a payment built around your budget, and an end date you can see before anything is filed.