--- title: Debt relief in New Brunswick date: 2025-04-16T12:24:00-04:00 canonical_url: "https://grantthorntonlimited.ca/en/locations/debt-relief-in-new-brunswick" section: Pages --- # **Debt relief** in New Brunswick Explore your debt relief options in New Brunswick, Canada. [Find an office near you.](#service-section) [ Book your free consultation! ](https://grantthorntonlimited.ca/en/get-in-touch/contact-us) ![A graphic featuring an image of Reversing Falls Bridge in Saint John, New Brunswick and Hopewell Rocks in Hopewell Cape, New Brunswick.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/_imageLarge/New-Brunswick.png) ![Mean appearing on the screen of a laptop screen explaining the benefits of filing a consumer proposal](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Additional-imagery/_imageLarge/women-virtual-meeting.png) ## Doane Grant Thornton offers New Brunswickers **judgment-free solutions** to their debt. As Licensed Insolvency Trustees and debt solutions professionals in New Brunswick, we’re regulated by the federal government, meaning we’re the only professionals authorized to offer debt repayment solutions, like consumer proposals and bankruptcy. We provide free, no obligation consultations to help get you back on track with your finances. [Book yours today!](https://grantthorntonlimited.ca/en/get-in-touch/contact-us) ## **Consumer proposals** in New Brunswick. Consumer proposals are becoming one of the most popular debt management solutions for New Brunswickers struggling with debt. As an alternative to bankruptcy, a consumer proposal is a legally binding repayment agreement between you and your creditors. A Licensed Insolvency Trustee will negotiate on your behalf to settle your unsecured debt (credit cards, income tax debt, payday loans, etc.) into a single, interest-free payment. [ Learn more about consumer proposals. ](https://grantthorntonlimited.ca/en/consumer-proposal/what-is-a-consumer-proposal) ![A man holding his cell phone and smiling](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/_imageLarge/Media_2023-10-19-164222_slho.png) ![Image of a middle aged woman sitting on a couch with her laptop. She is researching how to file a bankruptcy in Canada. Around her image, illustrations of a calculator, numbers, a cheque and a lightbulb float.](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/_imageLarge/How-do-I-file-a-bankruptcy_2026-06-02-130927_nwno.png) ## **Filing for bankruptcy** in New Brunswick. Personal bankruptcy is a common debt solution that allows you to clear almost all your debt, including income tax debt, credit card debt, overdue utility bills, lines of credit, and loans. Before you decide to file for bankruptcy, it’s important to consider all other debt repayment options. Your Licensed Insolvency Trustee (LIT) will help you decide if declaring bankruptcy is the best choice for you. [ Learn more about personal bankruptcy. ](https://grantthorntonlimited.ca/en/bankruptcy/what-is-bankruptcy) ## **What assets can I keep during bankruptcy in NB?** In all provinces and territories, you can generally keep essential items up to a certain value—like necessary clothing and household goods, most retirement savings, Registered Disability savings plans, and most life insurance policies and pension plans. [Learn more detailed information about what assets you can keep in your province.](https://grantthorntonlimited.ca/en/debt-help-resources/articles/article-what-assets-can-i-keep-in-bankruptcy) **Exemptions specific to New Brunswick include:** - Household goods up to a value of $5,000. - Necessary clothing and personal effects for you and your dependents, up to a value of $4,000. - One motor vehicle (car, truck, SUV, van, or motorcycle) with a value of $6,500 or less. - Tools of the trade (i.e., tools, equipment, books, computer) needed for your occupation. ## **Other debt relief options** available in New Brunswick. *Please note these services are not offered by Licensed Insolvency Trustees.* - **Credit counselling**: Credit counselling is a nonprofit service that helps New Brunswickers who are struggling with their finances. Your credit counsellor can help you with budgeting, financial literacy or managing debt payments through a debt management or settlement plan. - **Debt consolidation**: Debt [consolidation loans](https://grantthorntonlimited.ca/en/debt-help-resources/articles/consolidation-loan-vs-consumer-proposal-whats-the-difference) are offered by lenders like banks and combine some or all your debt into a single monthly payment. Aside from reducing your number of bills, debt consolidation loans can also offer a lower interest rate. ## Our Licensed Insolvency Trustees for New Brunswick** Trusted, regulated, and knowledgeable debt solutions professionals ready to help. ### Blaire MacNeil CPA, CIRP, LIT - [1 (902) 549-5529](tel:19025495529) - ![Portrait image of LIT Blaire MacNeil](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/Blaire-MacNeil.png) [ About Blaire ](https://grantthorntonlimited.ca/en/about-us/our-team/blaire-macneil-about-me) ### Kaitlin Verge CIRP, LIT - [1 (902) 455-5608](tel:19024555608) - ![Portrait image of LIT Kaitlin Verge](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/Kaitlin-2026-light-purple-team-page.png) [ About Kaitlin ](https://grantthorntonlimited.ca/en/about-us/our-team/kaitlin-verge-about-me) ### Adam Cardwell CIRP, LIT - [1 (709) 778-8808](tel:17097788808) - ![Portrait image of LIT Adam Cardwell](https://pr-assets.grantthorntonlimited.ca/craftcmsimages/Content-block-imagery-and-graphics/Adam-Cardwell.png) [ About Adam ](https://grantthorntonlimited.ca/en/about-us/our-team/adam-cardwell-about-me) ## **We’re proud** to be in the following New Brunswick communities: We're able to service all of New Brunswick via phone or video call. If you don't see your city below, we may still be able to help. [Book your free consultation to learn more.](https://grantthorntonlimited.ca/en/get-in-touch/contact-us) ### **Bathurst** - [1 (506) 546-9285](tel:15065469285) - [Get directions](https://maps.app.goo.gl/EpSFjqZ7o6yjqDvq8) - [Leave a Google review](https://g.page/r/CW_zucHXO_KfEAI/review) 275 Main Street, Suite 500 (Harbourview Place) [ Learn more ](https://grantthorntonlimited.ca/en/locations/bathurst-new-brunswick) ### **Fredericton** - [1 (506) 450-2288](tel:15064502288) - [Get directions](https://maps.app.goo.gl/ZJGRPUDEkk56VPFG6) - [Leave a Google review](https://g.page/r/CQxjKyQShW6sEAI/review) 400-570 Queen Street [ Learn more ](https://grantthorntonlimited.ca/en/locations/fredericton-new-brunswick) ### **Grand Falls** - [1 (506) 473-6776](tel:15064736776) - [Get directions](https://maps.app.goo.gl/edm1okg58ASuTP5q9) - [Leave a Google review](https://g.page/r/CSvsLiFI5DoYEAI/review) 381 McCormick Street [ Learn more ](https://grantthorntonlimited.ca/en/locations/grand-falls-new-brunswick) ### **Moncton** - [1 (506) 382-2655](tel:15063822655) - [Get directions](https://maps.app.goo.gl/RE9A7g7XWXzSSvuM6) - [Leave a Google review](https://g.page/r/CXK-YZMaUzVdEAI/review) 633 Main Street, Suite 450 [ Learn more ](https://grantthorntonlimited.ca/en/locations/moncton-new-brunswick) ### **Saint John** - [1 (506) 634-1202](tel:15066341202) - [Get directions](https://maps.app.goo.gl/pFMcmnMVYkzVRc4p8) - [Leave a Google review](https://g.page/r/CXSigEm0zIK4EAI/review) 130 Somerset Street, unit #150 [ Learn more ](https://grantthorntonlimited.ca/en/locations/saint-john-new-brunswick) ### **Woodstock** - [1 (506) 325-1204](tel:15063251204) - [Get directions](https://maps.app.goo.gl/7hWtAUkAxg2otW8V8) - [Leave a Google review](https://g.page/r/CZpk8hHiZ_SCEAI/review) 318 Connell Street, Suite 101 [ Learn more ](https://grantthorntonlimited.ca/en/locations/woodstock-new-brunswick) ## Hear from people **we've helped:** ### **I can breathe easier now.** I had the pleasure of getting assistance from Cheryl Hodder. She made the process easy, but not only that, made me feel less ashamed and terrified of what my future was going to look like when doing this. We discussed all my options in great detail which eased my nerves. If you are struggling day in and day out with debt, I would recommend her to help you because honestly, this was the best decision I have ever made, and I can breathe easier now knowing I can build my future up the right way. Thank you, Cheryl!!! — Jessi (Saint John) ### **Doane Grant Thornton went above and beyond to help me.** Doane Grant Thornton went above and beyond to help me through a difficult financial time in my life. They spoke to me with kindness and empathy. Answered every question I had, no matter how silly it was. Talked to me with what my best options would be and what would best suit my family. Although I was scared of what would happen with my bankruptcy, I am happy to say that as of today I am finally debt free and am looking forward to getting my credit back on track thanks to Doane Grant Thornton! — Gotten K. (Saint John) ### **The only thing I regret is not calling them sooner.** The only thing I regret is not calling them sooner. The professionalism of our agent was remarkable. After examining our financial situation, he made us quickly realize that proceeding with a proposal was the best thing to do in our situation. The amount of stress that was lifted off our backs was enormous. No more sleepless nights trying to figure out how to pay off that overwhelming debt. The phone calls from CRA and all our creditors ceased almost immediately. We are no longer afraid to answer the phone or opening the mailbox. I highly recommend the professionals at the Moncton offices of Doane Grant Thornton. — Dan L. (Moncton) ### **Every step of the way was handled with respect and professionalism.** I was reluctant to file for bankruptcy even though I knew that I couldn’t manage my debts anymore. After speaking with my first contact at Doane Grant Thornton my anxiety was relieved, and I decided to file immediately. Every step of the way was handled with respect and professionalism. I did not lose my car or other possessions, and I was on the right track to restart my life at age 77. Thank you, Doane Grant Thornton employees, for turning my life around. I would not hesitate to recommend you to anyone who is having financial difficulty. — Beryl S. (Saint John) ### **They made me feel that there is no shame in asking for help.** Thank you, Doane Grant Thornton, for helping put my life back together when I thought there was no solution to the problem I had put myself into. They made me feel that there is no shame in asking for help. Thank you to all involved in making this happen. Very nice people, I would refer others to contact them. — Edmay A. (Saint John, NB) ## **Take the first step** to debt freedom Speak to one of our debt solutions professionals during a free, no-obligation consultation. [ Book a free consultation ](https://grantthorntonlimited.ca/en/get-in-touch/contact-us)