Bromwich+Smith

Bromwich+Smith Licensed Insolvency Trustees helping you through your debt relief journey.
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Incorporated in 2002, we serve our clients through offices and staff located in British Columbia, Alberta, Saskatchewan, Ontario and Manitoba. As Licensed Insolvency Trustees, we are the exclusive provider of Consumer Proposals to Canadians seeking debt restructuring. A Consumer Proposal is a forced settlement on creditors that allows a citizen to pay back a portion of their debt on a payment schedule defined by their budget.

Making your minimum payment on time keeps your account in good standing, but most of the payment goes toward interest ra...
09/04/2026

Making your minimum payment on time keeps your account in good standing, but most of the payment goes toward interest rather than reducing your debt, so it can take a long time to pay off the balance.​

If you feel like your credit card balance is standing completely still despite paying every month on time, know that you haven't failed. ​

Many people may not realize that only making the minimum payment can keep them in debt for years, or even decades. The reality is, making the minimum on time simply fulfills your monthly agreement to keep the account in good standing. It offers short-term breathing room when cash flow is tight, minimum payments are not structured to eliminate your debt.​

Shifting your perspective from "I'm doing this wrong" to "this tool isn't going to help me reach my financial goals" takes the shame out of the conversation entirely.​

When making the minimum payment is no longer enough and your goal is to actually pay off what you owe, it’s simply time to switch to a strategy built to get you out of debt.​

Curious what options exist when minimum payments aren't cutting it anymore? Tap the link below for a free, confidential chat with our team: www.bromwichandsmith.com

If you’ve ever looked at your credit card statement and wondered why the balance barely goes down despite paying every m...
09/02/2026

If you’ve ever looked at your credit card statement and wondered why the balance barely goes down despite paying every month, it could be because you're making the minimum payment. ​

At a standard 19.99% interest rate, making minimum payments on a $5,000 balance can take over 22 years to clear, costing you more in interest than what you originally spent.​

Minimum payments serve a purpose when cash flow is temporarily tight, but they aren't designed as a long-term payoff strategy.​

When minimums become unmanageable, a consumer proposal is a legal debt relief option in Canada that stops the interest completely, combines your unsecured debts into one manageable monthly payment, and sets a clear 3 to 5-year timeline to become debt-free. ​

Swipe through to see the math, and remember: recognizing that a system isn't working for you is the first step toward taking back control of your finances.​

Want to see what a 0% interest payment plan tailored to your needs could look like for you? Tap the link to chat with our team of Debt Relief Specialists for free: www.bromwichandsmith.com

"I put it off for as long as I could..."​That feeling in the pit of your stomach when bills pile up? That belief that as...
08/28/2026

"I put it off for as long as I could..."​

That feeling in the pit of your stomach when bills pile up? That belief that asking for help means you’ve failed? Angela felt it too until she spoke to us.​

Admitting you’re in over your head isn't easy. But carrying that heavy burden alone is so much harder.​

Debt isolated Angela. Our team stepped in to rebuild her momentum, not by dictating her next move, but by laying out every option, free of judgment, so she could choose the right path for her life.​

If you’re currently waiting, hoping things fix themselves on their own—stop hurting yourself in silence. You deserve a clear debt relief plan and people in your corner.​

Take back control of your finances today. Book a free, 100% confidential consultation: www.bromwichandsmith.com​

September has that fresh-start energy and presents the ideal opportunity to get a clear picture of your finances.​Gettin...
08/24/2026

September has that fresh-start energy and presents the ideal opportunity to get a clear picture of your finances.​

Getting back on track financially starts with knowing where you stand. And if you're struggling with debt, know that there are debt relief options available to you. Here is a simple checklist to work through this month:​

＋ Review your current debt totals and interest rates​

＋ Audit your monthly cash flow and essentials​

＋ Identify high-interest credit balances stretching your budget​

＋ Schedule a free, confidential chat with a Licensed Insolvency Trustee​

Smart budgeting tools help you track your spending, but when high-interest debt makes progress feel impossible, professional guidance makes all the difference. At Bromwich+Smith, we walk you through tailored solutions like a consumer proposal to consolidate debt, lower your monthly payments, and freeze interest.​

Save this post for your fall reset. If you’re ready to check off that last box, we’re here to help: www.bromwichandsmith.com​

Every September, back-to-school lists have a way of growing far beyond what you planned for.​In fact, recent data from C...
08/18/2026

Every September, back-to-school lists have a way of growing far beyond what you planned for.​

In fact, recent data from Credit Karma shows that nearly 45% of parents plan to take on debt just to cover back-to-school expenses, with over half carrying existing credit card balances into the season. ​

If you’re feeling the squeeze, you’re not alone. A few small shifts can help protect your budget this fall:​

✅ Shop second-hand first: Clothes, backpacks, and gear in great condition can be found on Facebook Marketplace or local thrift stores.​

✅ Stick strictly to the list: Avoid the "extras" until classroom essentials are covered.​

✅ Set a firm spending cap: Use cash or a dedicated card limit. Once it’s reached, shopping stops.​

Smart budgeting helps, but if back-to-school costs have already pushed your debt to an unmanageable level before the holidays, we can help.​

Read our full budgeting guide or explore your debt relief options: www.bromwichandsmith.com​

Between summer travel, unexpected car repairs, and back-to-school costs, summer expenses have a way of rewriting your bu...
08/13/2026

Between summer travel, unexpected car repairs, and back-to-school costs, summer expenses have a way of rewriting your budget.​

That’s why fall is the perfect time to pause and take stock of where your finances stand.​

If taking a closer look reveals that summer debt has pushed your budget into a tough, unmanageable spot, you don't have to navigate it alone. Bromwich + Smith is here to help you regain control.​

As Licensed Insolvency Trustees, we guide you through debt relief solutions, like a consumer proposal. A debt relief option that allows you to consolidate and reduce what you owe, lower your monthly payments, and freeze interest completely.​

Don't let summer debt carry over into the rest of the year. Learn how a consumer proposal works and see if it's right for you: bromwichandsmith.ca/consumer-proposal​

New backpacks, required tech upgrades, fresh clothes, the real cost of back-to-school in Canada adds up fast. ​According...
08/11/2026

New backpacks, required tech upgrades, fresh clothes, the real cost of back-to-school in Canada adds up fast. ​

According to recent Retail Council of Canada data, Canadian families spend an average of $600 to $750 per child on essentials, driving over $4.5 billion in spending nationwide.​

When costs hit hundreds of dollars per kid, many parents rely on credit cards to bridge the gap. But if back-to-school expenses stretched your budget and you're now struggling to keep up with debt payments, carrying that balance into the fall only increases the stress.​

Swipe through to see how back-to-school spending breaks down for Canadian households.​

You don't have to manage unmanageable debt on your own. Learn how Bromwich + Smith can help you consolidate payments and regain control at www.bromwichandsmith.com​

Navigating debt is rarely just a financial experience, it's an emotional one. And hearing that someone came through that...
08/05/2026

Navigating debt is rarely just a financial experience, it's an emotional one. And hearing that someone came through that chapter with renewed confidence and peace of mind means everything to our team. This is why we do what we do.
If you're in a difficult chapter of your own, know that you don't have to go through it alone. We're here to help you find a way forward, with care, and without judgment.
See how we can help → https://www.bromwichandsmith.com/blog/debt-stress-and-mental-health/

If you’ve ever had to consider a high-interest or payday loan, what was your primary driver? A. Emergency expenses (car,...
07/30/2026

If you’ve ever had to consider a high-interest or payday loan, what was your primary driver?

A. Emergency expenses (car, vet, plumbing?)
B. Gap between pay cheques/monthly shortfall # #
C. Covering bills/ debt payments
D. Just wanted to try one

Please comment below 👇

"Debt is scary... but Bromwich+Smith is a resource you can trust." When financial stress hits, it can feel overwhelming ...
07/28/2026

"Debt is scary... but Bromwich+Smith is a resource you can trust."
When financial stress hits, it can feel overwhelming to know where to turn. But taking control of your debt shouldn't come with shame or judgment.
When Kieran reached out to our team, we worked to provide fast, compassionate guidance and clear pathways forward,helping replace panic with peace of mind.
If you’re carrying the weight of debt today, please know you don't have to navigate it alone. Relief starts with a confidential conversation.

Tap the link to learn more or book a free, no-obligation consultation with a Licensed Insolvency Trustee: www.bromwichandsmith.com

Address

Multiple Locations Throughout British Columbia, Alberta, Saskatchewan, Manitoba And
Calgary, AB
T2P3T6

Opening Hours

Monday 8am - 8pm
Tuesday 8am - 8pm
Wednesday 8am - 8pm
Thursday 8am - 8pm
Friday 8am - 5pm
Saturday 8:30am - 5pm

Telephone

+18558849243

Website

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