About GEM Debt Law
Who is GEM Debt Law?
GEM Debt Law is a Licensed Canadian Law Firm. GEM represents debtors, but does not consist of Bankruptcy Trustees.
GEM’s legal team consists of Lawyers, Licensed Paralegals, Accountants, Financial Advisors, and Experienced Law Clerks. We are always adding new professionals to our roster from applicable industries, to serve our clients better.
GEM Debt Law is dedicated to protecting debtors from financial ruin. We strive to significantly reduce your debt load, by utilizing lawful negotiation strategies against your creditors.
GEM approaches your creditors with a hyper-awareness of Canadian contract law and debtor-credit relations regulations. Contact us to start your debt-free process.
As one of the few long-standing Debt Settlement Firms in Canada, we proudly adhere to the standards of conduct set by the Law Society of Ontario and all applicable Law Societies within the Provinces where we operate, including the Law Society of Alberta.
Why Choose GEM?
- We care about the happiness of Canadians.
- You don’t have to pay a lawyer separately: we do it all.
- We advocate for you and save you money in the long run.
- We sit in the fire, so you don’t have to.
- We are the underdogs, not part of the system that exploits you.
A simple consumer proposal could not be in your best interest!
At GEM, we value ourselves in finding a solution that best fits the unique factors of your financial situation.
Choosing GEM Debt Law over a regular debt settlement company to help you settle your debt comes with several advantages:
- Legal Expertise: We have professionals who understand the law and can provide tailored legal advice and representation, offering more comprehensive solutions. Therefore, we can explore various legal options, such as debt restructuring, bankruptcy, or debt consolidation, providing a more extensive range of solutions beyond simple debt settlement.
- Protection: We can protect debtors from creditor harassment, unfair debt collection practices, and potential legal actions, leveraging legal strategies to negotiate more effectively. We also ensure compliance with relevant laws and regulations, reducing the risk of fraudulent or unethical practices commonly associated with some debt settlement companies.
- Credibility: Working with a law firm like GEM may enhance your credibility and legitimacy in negotiations, resulting in better terms and outcomes.
We approach your creditors with a hyper-awareness of Canadian contract law and debtor-creditor relations regulations. Contact us.
Leadership
Scott Cook
Principal Lawyer
Law Society of Ontario
Daria Chyc
Associate Lawyer
Law Society of Alberta
George Doufexis
Operations Manager
GEM Debt Law
Maria M.
Negotiations Manager
GEM Debt Law
GEM’s fiduciary duty obliges us to serve the clients’ best interests, not the creditors or collectors.
Client Stories
Adara’s salary was being garnished and she was behind on bill payments. We came up with a debt resolution plan that enabled us to approach her creditors and negotiate settlements for much less than the amounts owing. Adara was thrilled to pay only a small percentage of each outstanding debt. Today, she is debt free, her garnishment has stopped, and she is actively improving her credit rating.
James runs his own reno and repair company. He was struggling to pay his subcontractors on time, while still having enough to paydown the business loans. We convinced James that bankruptcy was not the answer: harmful to your reputation and a hindrance to future revenue growth. Then, we strategized a full financial restructuring and negotiated massive reductions on the amounts owing for each of James’ business loans. James has since hired two more subcontractors and his company is fully booked for new projects a year in advance.
Jerome tried confronting the collection agents, but concerns grew when they began asking very personal questions. We made the collectors’ calls stop immediately. Next, we formulated a plan unique to Jerome’s financial situation and persuaded his creditors to accept far less than the total outstanding debt. This was all achieved without a consumer proposal and Jerome was able to begin rebuilding his credit, without any financial constraints.
Client Stories
Adara’s salary was being garnished and she was behind on bill payments. We came up with a debt resolution plan that enabled us to approach her creditors and negotiate settlements for much less than the amounts owing.
Adara was thrilled to pay only a small percentage of each outstanding debt. Today, she is debt free, her garnishment has stopped, and she is actively improving her credit rating.
Adara
James runs his own reno and repair company. He was struggling to pay his subcontractors on time, while still having enough to paydown the business loans.
We convinced James that bankruptcy was not the answer: harmful to your reputation and a hindrance to future revenue growth. Then, we strategized a full financial restructuring and negotiated massive reductions on the amounts owing for each of James’ business loans.
James has since hired two more subcontractors and his company is fully booked for new projects a year in advance.
James
Jerome tried confronting the collection agents, but concerns grew when they began asking very personal questions.
We made the collectors’ calls stop immediately. Next, we formulated a plan unique to Jerome’s financial situation and persuaded his creditors to accept far less than the total outstanding debt. This was all achieved without a consumer proposal and Jerome was able to begin rebuilding his credit, without any financial constraints.
Jerome
Kasha wanted to keep her home where she raised her family, but there were multiple liens on title and Power-of-Sale proceedings were underway.
We contacted the Court and Sheriff to put a halt on the property seizure. Then, leveraging Kasha’s personal network, we presented enticing settlement offers to her creditors and settled-off each debt for a fraction of the lien amount.
This allowed Kasha to continue life as a homeowner and regain financial stability, together with peace of mind as a parent.
Kasha
