Serving all of New Brunswick, Nova Scotia & PEI
4.9/5 · 246 reviews · Serving NB, NS & PEI
Debt keeping you up at night?
Get a free, no-obligation consultation. We’ll explain every option, with the pros and cons of each, so you can decide what’s right for you.
Thank you.
We’ve got your details. You’ll get a text from us so you can book your free consultation at a time that suits you. Our team will also follow up by phone and email.
- Free, confidential and no obligation (about 30 minutes)
- Every option explained, even ones we don’t offer ourselves
- No pressure to decide, and no judgement
“Make the call! The staff are respectful, resourceful, and make sure your dignity remains intact. 🙂 Thanks!”
- Federally regulated Licensed Insolvency Trustees
- Over 40 years of combined trustee experience
- 4.9 out of 5 from 246 client reviews
- Free, 30 minutes no-obligation consultation
How it works
What happens after you reach out
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Tell us what’s going on
Answer a few quick questions and leave your details. There’s no need to share account numbers or your SIN.
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Book a time that suits you
We’ll text you so you can choose a time for your free consultation. It takes about 30 minutes.
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Talk it through with a trustee
A Licensed Insolvency Trustee explains your options and the pros and cons of each. You decide, with no pressure to sign.
You can send your details any time. Our office is open Monday–Friday, 8:30 am–4:30 pm.
Why people trust us
A small firm where real people pick up the phone
Powell Associates Ltd. is a small firm of experienced, hands-on Licensed Insolvency Trustees. No assembly line, and no false promises.
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Real trustees, not an assembly line
Our trustees answer their own calls, so you won’t get passed from person to person.
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Prompt, supportive help
You can expect prompt responses from a supportive, experienced team.
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Education, not just paperwork
We believe in teaching you how it all works, so you can stay out of debt in the future.
Meet our Licensed Insolvency Trustees
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David Moffatt
CIRP, LIT
Seven years in the Canadian Armed Forces, and in the debt industry since 2015. Author of Behaviour Before Math.
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Paul Moffett
MBA, CIRP, LIT
The firm’s first official employee, and a Licensed Insolvency Trustee since 2013.
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Angela Rodgers
CIRP, LIT
In the insolvency industry since 2000, and a Licensed Insolvency Trustee since 2021.
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Robert Powell
LIT · Founder
Founder of Powell Associates Ltd., and a Licensed Insolvency Trustee since 1993.
Client reviews
In our clients’ own words
4.9/5 · 246 client reviews
- ★★★★★
Wonderful experience all around. Reaching out is stressful and overwhelming and Powell and associates lifted the weight off my shoulders. Personable associates that were knowledgable and nonjudgmental. Quick responses and continued support. Highly recommend.
Tori M.Google review
- ★★★★★
I highly recommend Powell Associates to anyone that feels like their stuck and no one can help! I was nervous too and I’m glad I made the jump. They treated me so much like a real person and not a just another client! They are always available when I have any questions and answer very speedy and accordingly. I never felt lost or in the dust. I felt more confident in my decision making process. Best decision I made wish I reached out sooner!
Samantha T.Google review
- ★★★★★
Could not recommend Powell Associates Ltd. more. I had a lot of concerns about my debt management options, and they explained everything, and were very patient. I was able to make the right decision for my situation, and they made the entire process much less daunting than I thought it would be. Their credit counsellors are also wonderful; thank you to Bob and Peggy for being so patient and kind during this process 🙂
Nina B.Google review
Good questions
Questions people often ask
Is the consultation really free?
Yes, it’s free, takes about 30 minutes, and there’s no obligation. We’ll explain the options that fit your situation, with the pros and cons of each, and you decide what, if anything, to do next.
What happens after I send my details?
You’ll get a text so you can book your free consultation yourself, at a time that suits you. Our team will also follow up by phone and email. You can send your details any time, including evenings and weekends; our office is open Monday–Friday, 8:30 am–4:30 pm.
What is a consumer proposal?
A consumer proposal is a legally binding agreement with your creditors under the Bankruptcy & Insolvency Act, administered by a Licensed Insolvency Trustee, that reduces your unsecured debt. It isn’t uncommon for debts to be reduced by up to 80%, depending on your circumstances. You make one monthly payment (or bi-weekly or weekly), typically over 60 months, and you can pay it off early with no penalty.
Is a consumer proposal right for me?
Not necessarily. It isn’t right for everyone. In general you need to be insolvent: owing more than $1,000 and unable to pay your debts as they come due. We also handle personal bankruptcy and give debt consolidation advice, including pointing you to options we don’t offer ourselves. Your consultation is where we work out the best option for you.
Will I lose my home or car?
In a consumer proposal, you keep your assets, including your home and car. If another option might suit you better, your trustee will explain how it would affect your assets before you decide anything.
Will the collection calls stop?
Once a consumer proposal is filed, creditors must stop most collection calls, legal actions and wage garnishments, effective immediately, and interest stops too.
What does it cost?
There’s no upfront cost. Trustee fees are federally regulated and are included in your monthly payment. For example only: if someone owes $30,000 and their proposal offers creditors $12,000, that works out to $200 a month over five years, with fees included. Every situation is different, and your own numbers will depend on your circumstances.
Which debts can be included?
Credit cards, payday loans, lines of credit, personal loans, student loans and certain CRA debts can be included. Court fines and penalties, child support arrears, property taxes and most secured debts can’t. Your trustee will confirm what applies to you.
Will it affect my credit?
A consumer proposal has less impact on your credit than bankruptcy. Your trustee will explain what to expect in your situation, and two financial counselling sessions are part of the process.
No one should be afraid to ask for help
Ready to talk it through?
Your consultation is free, confidential and comes with no obligation.
No false promises. Just clear options.