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Alternative Car Finance Options

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Danger signs of car financing

There are a couple of red flags to be aware of when seeking car financing, particularly when you are having problems with debt or your credit rating is poor:

If you have to go to secondary lenders to borrow money (e.g. not the big banks or the auto companies), you need to be aware of extra costs which could be from a high interest rate or financing charges. These may be excessive and will put you in a further financial hole.
If you have to finance a vehicle for more than 5 years in order to buy it, you can’t afford it.
It is generally a poor financial decision to trade in your old car for a new car when you still owe money on it. You only get your money’s worth on a car after it is paid in full.

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For debt help in Canada contact Harris & Partners Inc. We have offices across Canada. Click here to find an office closest to you.

Meet with an experienced Licensed Insolvency Trustee today for professional advice on how to deal with your debt and live stress-free. Contact us by phone at 1-800-268-8093.

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Other Debt Types

Car Loans

Bankruptcy for car loans

Consumer proposals for car loans to you

Credit card debt loans

Student loans to you

Payday loans

Tax debt

Line of credit

Browse debt options in Canada

Consumer Proposals

Consumer proposals can be an alternative to bankruptcy that reduces debt and gives you more time to pay back creditors.

Legally stop most collection action
Usually keep your assets
Avoid bankruptcy

Bankruptcy

A last resort when other options won’t work. Some debts, such as support payments and court fines, aren’t released.

Wipe out most unsecured debt
Keep assets protected by provincial law
Support from your trustee throughout

Debt Consolidation

A loan from a bank or lender that combines several debts into one payment.

One payment instead of several
May lower your interest rate
Doesn’t reduce what you owe

Not available through Harris & Partners.

Debt Management Plan

A non-profit credit counsellor arranges one monthly payment to your creditors, usually over up to 5 years.

You repay the full amount owed
Interest may be reduced
Creditors don’t have to agree

Not available through Harris & Partners.

Credit Counselling

Non-profit credit counsellors help you understand your finances and build a budget.

Work out what you owe
Plan a budget
Learn money management skills

Not available through Harris & Partners.

Debt Settlement

Private companies negotiate a lump-sum payment with your creditors, who don’t have to agree. They aren’t Licensed Insolvency Trustees

Not regulated under the BIA
No legal protection from creditors
Fees often charged upfront

Not available through Harris & Partners.

Corporate Bankruptcy

An orderly way to close a company that can’t be rescued. Directors may still be personally liable for some debts.

Orderly wind-down of the company
Assets sold by the trustee
Ends creditor claims against the company

Division I Proposals

For businesses, and for individuals whose debts (excluding their mortgage) are over $250,000. Change the terms of your debt by reducing what you owe, extending the repayment period, or both.

Repay part of your debt over time
Keep your business or assets
Avoid bankruptcy

Corporate Insolvency

Options for a business that can’t pay its debts, from restructuring to an orderly wind-down.

Restructure through a Division I proposal
Protect jobs where viable
We’ll assess every option

Support across Canada

Why choose us for consumer proposals in Ontario?

Remove up to 80% of your debt

Our Licensed Insolvency Trustees can provide a customised consumer proposal that could shrink your debt by up to 80%.

Get debt help

Professional guidance in any language

Our multilingual team offers debt support in Farsi, Portuguese, Italian, Tamil, and more, so you can feel comfortable every step of the way.

Meet the team

Nationwide support

With offices in nine provinces, we offer in-person debt support across Canada—from Atlantic provinces to Ontario to British Columbia.

See our locations

Contact information

It's never too late to obtain debt help. Book your free consultation today

Phone number: 800-268-8093
Email: hello@harrispartners.ca

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   Harris & Partners Inc.
   2231 Google reviews 
  Write a review 
 
 
 
   
 
 
      Posted on Google  
   
   Randy Weinzweig 
 23 October 2026
 
 
 Trustindex verifies that the original source of the review is Google. Yasan has been a great help through this difficult process making things as seamless as possible.
  
 
     Posted on Google  
   
   Deannie Purdy 
 19 October 2026
 
 
 Trustindex verifies that the original source of the review is Google. Vala was awesome un helping us everything went very smooth this company is very understanding
  
 
     Posted on Google  
   
   Naomi Hansen 
 19 October 2026
 
 
 Trustindex verifies that the original source of the review is Google. This was a great experience and easy.  I was ashamed to have to do this but they made me feel comfortable and feeling better that I did the right thing.
  
 
     Posted on Google  
   
   Christian Castillo 
 13 October 2026
 
 
 Trustindex verifies that the original source of the review is Google. They provided great service and support, making the consumer proposal process easy and guiding me step by step. I appreciated their professionalism, patience, and help during a stressful time. I highly recommend them to anyone seeking a fresh financial start.
  
 
     Posted on Google  
   
   Laverne Jackson 
 10 October 2026
 
 
 Trustindex verifies that the original source of the review is Google. I had a very positive experience with Harris & Partners Consumer Proposal process.
Vlad, my intake administrator was amazing. He patiently guided me through the propane explain ed things clearly.
Vlad’s communication was excellent and he constantly followed up to ensure everything went well.
Thank you Vlad and team for your assistance and professionalism
  
 
     Posted on Google  
   
   T S 
 9 October 2026
 
 
 Trustindex verifies that the original source of the review is Google. Good service overall! Everything went smoothly, but I have to deduct one star. For a company that claims to be professional, they didn't bother to correct my name. They listed my middle name as my last name, and when I spoke to Samuel via Google Meet, he promised to fix it. However, the new document I was asked to sign still had the same mistake, which they failed to correct. It was a simple fix they ignored. I also messaged Ali, but nothing was changed. Not a great impression.
  
 
     Posted on Google  
   
   Kim ONeill 
 7 October 2026
 
 
 Trustindex verifies that the original source of the review is Google. Very helpful and judgment free
  
 
     Posted on Google  
   
   Ryan Jackson 
 6 October 2026
 
 
 Trustindex verifies that the original source of the review is Google. great service. very understanding and accomodating people to deal with in the unfortunate event of insurmountable debt
  
 
     Posted on Google  
   
   Ruth Planta 
 2 October 2026
 
 
 Trustindex verifies that the original source of the review is Google. Very informative and practice good customer care
  
 
     Posted on Google  
   
   Pierre Michel Gregoire 
 17 September 2026
 
 
 Trustindex verifies that the original source of the review is Google. So far very promp service. Great communication
  
 
 
  
 
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