Alternatives to Bankruptcy

We use a ladder, ranging from a debt negotiation for the least invasive solution to bankruptcy which is used to solve critical problems.
We assess your unique situation to see where you are on our ladder, and we can guide you to the most suitable solution. The earlier you seek help the more options you will have. The pathways for individual debt solutions fall under two broad categories, informal agreements and formal agreements. Typically, informal agreements are better suited to early intervention cases.
Informal Agreements – Debt Negotiations
Since these agreements aren’t bound by the Bankruptcy Act, we can directly engage with your creditors. Debt negotiations may involve extending payment deadlines, arranging flexible payment plans, or settling for a reduced amount.
Formal Agreements – Debt Settlements
Formal agreements are carefully structured debt resolution solutions protected by the Bankruptcy Act, although they may not necessarily lead to bankruptcy.
These agreements are legally binding on you and your creditors and serve to protect the interests of all parties in the agreement.
Our knowledgeable team guides you through the formal process, ensuring compliance with legal requirements and seeking the best possible outcomes for your financial situation.
At BT Acumen, we are here to guide you in determining whether this solution aligns with your needs and financial situation.
How can we help?

We understand nobody wants to be overwhelmed with debt and are here to help.