# Metus Lykos - Debt Relief Law Firm in Canada


## Posts

- [Rebuild Credit After a Consumer Proposal | Metus Lykos](https://debtlaw.ca/rebuild-credit-after-consumer-proposal/): Learn how to rebuild your credit after a consumer proposal in Canada. Practical steps, real timelines, and expert legal guidance. Book a free consultation.
- [How Bankruptcy Works in Canada | Metus Lykos](https://debtlaw.ca/how-bankruptcy-works-in-canada/): Bankruptcy law is federal in Canada, but what you get to keep depends on your province. See the rules, the 2026 income limits, and your alternatives.
- [Consumer Proposal Credit Score Impact in Ontario](https://debtlaw.ca/consumer-proposal-credit-score/): A Consumer Proposal gives you an R7 rating — far better than the R9 from bankruptcy. Learn the timeline, the impact, and how to rebuild. Book a free consultation.
- [Consumer Proposal vs Credit Counselling in Ontario](https://debtlaw.ca/consumer-proposal-vs-credit-counselling/): Consumer proposal vs credit counselling: understand the key differences, who qualifies, and which option gives you real debt relief. Book a free consultation.
- [What Debts Can Be Included in a Consumer Proposal? | Metus Lykos](https://debtlaw.ca/what-debts-can-be-included-in-a-consumer-proposal/): Find out what debts can be included in a Consumer Proposal in Canada — credit cards, CRA tax debt, payday loans, and more. Book a free consultation today.
- [How Long Does a Consumer Proposal Take? | Metus Lykos](https://debtlaw.ca/how-long-does-a-consumer-proposal-take/): A Consumer Proposal takes up to 5 years, but you can pay it off early. Learn every stage of the timeline and what to expect. Book a free consultation.
- [Consumer Proposal CRA Debt: What You Need to Know | Metus Lykos](https://debtlaw.ca/consumer-proposal-cra-debt/): Yes, a Consumer Proposal can include CRA tax debt. CRA is legally bound by the vote outcome. Learn how it works and what stops. Book a free consultation.
- [Consumer Proposal vs Debt Settlement Canada | Metus Lykos](https://debtlaw.ca/consumer-proposal-vs-debt-settlement/): Compare consumer proposals and debt settlement in Canada. Learn which option protects you legally and fits your situation. Book a free consultation today.
- [Business Debt Restructuring vs Bankruptcy Canada | Metus Lykos](https://debtlaw.ca/business-debt-restructuring-vs-bankruptcy/): Business debt restructuring lets Canadian companies reduce debt and keep operating. Bankruptcy does not. Learn which option protects your business. Book a free consultation.
- [Division 1 Proposal for Business Canada | Metus Lykos](https://debtlaw.ca/division-1-proposal-business-canada/): A Division 1 Proposal lets incorporated businesses restructure serious debt and avoid bankruptcy. Learn how the process works in Canada. Book a free consultation.
- [What Happens to Debt When You Die in Canada? | Metus Lykos](https://debtlaw.ca/what-happens-to-debt-when-you-die-canada/): In Canada, debt doesn't disappear when you die — it becomes a claim against your estate. Learn who is responsible and what assets are protected from creditors.
- [Statute of Limitations on Debt in Canada: What You Need to Know | Metus Lykos](https://debtlaw.ca/statute-of-limitations-debt-canada-2/): The statute of limitations on debt in Canada limits how long creditors can sue you. Learn the rules by province — and what it means for debt you already owe.
- [How Long Does Debt Stay on Your Credit Report in Canada? | Metus Lykos](https://debtlaw.ca/how-long-does-debt-stay-on-credit-report-canada/): Most debts stay on your Canadian credit report for 6 to 7 years. Learn what that means for your score — and how different debt solutions affect the timeline.
- [Can Creditors Sue You for Debt in Canada? | Metus Lykos](https://debtlaw.ca/can-creditors-sue-you-for-debt-canada-2/): Yes — creditors can sue you for unpaid debt in Canada. Learn when it happens, what a judgment means for your wages and assets, and how to stop it legally.
- [How to Talk to Your Creditors About Debt in Canada | Metus Lykos](https://debtlaw.ca/how-to-talk-to-your-creditors-about-debt-canada/): Talking to your creditors about debt you can't pay can work — but it comes with risks. Learn what to say, what to avoid, and when to get legal help instead.
- [What Is a Debt Collection Agency and What Can They Do to You? | Metus Lykos](https://debtlaw.ca/what-is-a-debt-collection-agency-canada/): Debt collectors in Canada have strict limits on what they can do. Know your rights — and learn the legal way to stop collections for good.
- [What Happens If You Ignore Debt in Canada? | Metus Lykos](https://debtlaw.ca/what-happens-if-you-ignore-debt-canada/): Ignoring debt in Canada doesn't make it go away — it makes it worse. Here's exactly what happens at each stage, and what you can do to stop it.
- [Unsecured Debt vs Secured Debt: What's the Difference? | Metus Lykos](https://debtlaw.ca/unsecured-debt-vs-secured-debt-canada/): Unsecured debt has no collateral behind it — and it's the type that qualifies for debt relief like a Consumer Proposal. Learn the key differences in Canada.
- [What Happens When You Cannot Pay Your Bills in Canada? | Metus Lykos](https://debtlaw.ca/what-happens-when-you-cannot-pay-your-bills-canada/): Can't pay your bills in Canada? Here's what actually happens — and the legal options that can stop collections, reduce debt, and give you a fresh start.
- [What Is a Division 1 Proposal in Canada? | Metus Lykos](https://debtlaw.ca/what-is-a-division-1-proposal-canada/): A Division 1 Proposal lets individuals and businesses with $250,000+ in unsecured debt restructure what they owe without bankruptcy. Learn how it works.
- [CERB Repayment Debt in Canada: Your Options | Metus Lykos](https://debtlaw.ca/cerb-repayment-debt-canada/): Struggling with CERB repayment debt? The CRA is actively collecting. Learn your legal options, including how a Consumer Proposal can resolve CERB debt.
- [Got a CRA Notice of Collection? Here is What It Means and What to Do | Metus Lykos](https://debtlaw.ca/got-a-cra-notice-of-collection/): A CRA Notice of Collection means the government can act fast. Learn what it means, what the CRA can legally do next, and how to protect yourself.
- [Does Debt Forgiveness Exist in Ontario? | Metus Lykos](https://debtlaw.ca/debt-forgiveness-ontario/): True debt forgiveness is rare in Canada, but legal options exist that can significantly reduce what you owe. Learn what actually works and how to qualify.
- [How Bankruptcy Works in Ontario | Metus Lykos](https://debtlaw.ca/how-bankruptcy-works-in-ontario/): Learn how personal bankruptcy works in Canada, what you lose, how long it lasts, and why most people have better legal options available to them.
- [Canadian Court Confirms Your Right to a Lawyer in a Consumer Proposal](https://debtlaw.ca/canadian-court-confirms-right-to-lawyer-consumer-proposal/): A Canadian court confirmed that you have the right to legal representation in a consumer proposal. Learn what this means for your debt relief options.
- [Wage Garnishment in Canada: How to Stop It Legally | Metus Lykos](https://debtlaw.ca/wage-garnishment-canada/): Your wages are being garnished in Canada. Here is what that means, how it starts, and the legal ways to stop it — sometimes within days.
- [Licensed Insolvency Trustee vs. Debt Lawyer: What's the Difference? | Metus Lykos](https://debtlaw.ca/licensed-insolvency-trustee-vs-debt-lawyer/): Working with a Licensed Insolvency Trustee or a debt lawyer? We break down the key differences — and why it changes the outcome for your debt.
- [Consumer Proposal: Pros and Cons Canada | Metus Lykos](https://debtlaw.ca/consumer-proposal-pros-and-cons/): Weighing the pros and cons of a Consumer Proposal in Canada? We cover every advantage and disadvantage. Book a free consultation with our debt lawyers.
- [Consumer Proposal vs Bankruptcy Ontario | Metus Lykos](https://debtlaw.ca/consumer-proposal-vs-bankruptcy/): A Consumer Proposal lets you keep your assets and avoid bankruptcy in Ontario. Compare your options and book a free consultation with our debt lawyers.
- [Debt Relief Options Canada: Complete Guide | Metus Lykos](https://debtlaw.ca/debt-relief-options-canada/): Not sure which debt relief option fits your situation? This complete guide covers every option in Canada. Book a free consultation with our debt lawyers.
- [Debt Consolidation vs Consumer Proposal | Metus Lykos](https://debtlaw.ca/debt-consolidation-vs-consumer-proposal/): Searching for debt consolidation in Canada? Compare it to a Consumer Proposal and find out which option actually solves your debt. Book a free consultation.
- [What Is a Consumer Proposal? | Metus Lykos](https://debtlaw.ca/what-is-a-consumer-proposal/): A Consumer Proposal lets you legally reduce your debt, stop collections, and avoid bankruptcy. Learn how it works in Canada and book a free consultation.

## Pages

- [Business Debt Solutions in Oshawa | Metus Lykos](https://debtlaw.ca/business-debt-solutions-oshawa/): Business Debt Solutions in Oshawa If your Oshawa business cannot service its debt, you have legal options well before bankruptcy. We help owners restructure corporate debt, negotiate with creditors and CRA, and keep trading through it. We are a law firm, so our duty runs to you rather than to your creditors. Serving Oshawa, Whitby, Ajax and Pickering Corporate restructuring and Division 1 Proposals Commercial proposals and B2B settlement Stop creditor lawsuits and collection action A law firm, not a trustee Call 1-905-232-3222 Want to know how much debt we can reduce for you? Answer a few quick questions to see…
- [Business Debt Solutions in Mississauga | Metus Lykos](https://debtlaw.ca/business-debt-solutions-mississauga/): Business Debt Solutions in Mississauga If your Mississauga business cannot service its debt, you have legal options well before bankruptcy. We help owners restructure corporate debt, negotiate with creditors and CRA, and keep trading through it. We are a law firm, so our duty runs to you rather than to your creditors. Serving Mississauga, Brampton, Milton, Oakville and Burlington Corporate restructuring and Division 1 Proposals Commercial proposals and B2B settlement Stop creditor lawsuits and collection action A law firm, not a trustee Call 1-905-232-3222 Want to know how much debt we can reduce for you? Answer a few quick questions to…
- [Business Debt Solutions in London | Metus Lykos](https://debtlaw.ca/business-debt-solutions-london/): Business Debt Solutions in London If your London business cannot service its debt, you have legal options well before bankruptcy. We help owners restructure corporate debt, negotiate with creditors and CRA, and keep trading through it. We are a law firm, so our duty runs to you rather than to your creditors. Serving London, Windsor, Kitchener, Waterloo and Cambridge Corporate restructuring and Division 1 Proposals Commercial proposals and B2B settlement Stop creditor lawsuits and collection action A law firm, not a trustee Call 1-905-232-3222 Want to know how much debt we can reduce for you? Answer a few quick questions to…
- [Business Debt Solutions in Toronto | Metus Lykos](https://debtlaw.ca/business-debt-solutions-toronto/): Business Debt Solutions in Toronto If your Toronto business cannot service its debt, you have legal options well before bankruptcy. We help owners restructure corporate debt, negotiate with creditors and CRA, and keep trading through it. We are a law firm, so our duty runs to you rather than to your creditors. Serving Toronto, North York, Scarborough and Etobicoke Corporate restructuring and Division 1 Proposals Commercial proposals and B2B settlement Stop creditor lawsuits and collection action A law firm, not a trustee Call 1-905-232-3222 Want to know how much debt we can reduce for you? Answer a few quick questions to…
- [B2B Debt Settlement Ontario | Metus Lykos](https://debtlaw.ca/b2b-debt-settlement-ontario/): B2B Debt Settlement in Ontario B2B debt settlement resolves what your business owes to suppliers, lenders and trade creditors through direct negotiation, usually for a reduced lump sum. There is no court filing and no insolvency record. It is the fastest route available when the business has access to funds and wants the matter closed. Negotiated directly with business creditors No court filing and no insolvency record Typically resolves in 30 to 120 days Works for trade, supplier and lender debt Lawyers negotiating on your behalf Call 1-905-232-3222 Want to know how much debt we can reduce for you? Answer a…
- [Business Debt Solutions Ontario | Metus Lykos](https://debtlaw.ca/business-debt-solutions-ontario/): Business Debt Solutions in Ontario There are four legal routes out of business debt in Ontario, and choosing the wrong one costs time you may not have. This page sets out what each does, who it suits, and how to tell which applies to your company. Four routes compared in one place Corporate restructuring for viable businesses Division 1 Proposals above $250,000 Commercial proposals below $250,000 B2B settlement when speed matters most Call 1-905-232-3222 Want to know how much debt we can reduce for you? Answer a few quick questions to see what legal debt relief options may be available to…
- [Commercial Consumer Proposals Ontario | Metus Lykos](https://debtlaw.ca/commercial-consumer-proposal-ontario/): Commercial Consumer Proposals in Ontario If you run a business and owe less than $250,000 in unsecured debt, a Commercial Consumer Proposal settles that debt for a reduced amount without bankruptcy and without shutting the business down. It is the same legal mechanism as a personal Consumer Proposal, applied to a business owner’s situation. For business owners under $250,000 unsecured Division II of the Bankruptcy and Insolvency Act Stops collection action and creditor lawsuits Keep operating while you repay A law firm acting for you, not your creditors Call 1-905-232-3222 Want to know how much debt we can reduce for you?…
- [Stop Wage Garnishment in Ontario](https://debtlaw.ca/stop-wage-garnishment-ontario/): Stop Wage Garnishment in Ontario If a creditor is taking money directly from your paycheque in Ontario, there is a legal way to stop it. A Consumer Proposal or Division 1 Proposal triggers a stay of proceedings that halts most collection actions, including wage garnishment. We represent you through the process and work to protect your income as quickly as possible. Serving Ontario and other provinces Legally stop creditors from taking your paycheque Protect your full income going forward Resolve the underlying debt, not just the garnishment Avoid bankruptcy in most cases Call 1-905-232-3222 Want to know how much debt we…
- [The Consumer Proposal Process, Step by Step | Metus Lykos](https://debtlaw.ca/consumer-proposal-process/): The Consumer Proposal Process, Step by Step Most people considering a Consumer Proposal want to know one thing first: what actually happens, and how long does it take. This page walks through the whole process from your first phone call to the day your debt is legally discharged, including the parts that are easy to miss. Legal protection starts the day it is filed Creditors have 45 days to vote Two counselling sessions are required Runs up to five years, and you can finish early We represent you at every stage Call 1-905-232-3222 Want to know how much debt we can…
- [Consumer Proposal Toronto](https://debtlaw.ca/consumer-proposal-toronto/): Consumer Proposal in Toronto If you live in Toronto and your debt has grown faster than your income, you have legal options that do not involve bankruptcy. A Consumer Proposal lets you settle what you owe for a reduced amount, on a schedule you can actually afford, with legal protection from collection calls and wage garnishment from the day it takes effect. Serving Toronto, North York, Scarborough and Etobicoke Stop collection calls and wage garnishment Keep your home, your car and your RRSPs One reduced monthly payment, up to five years A law firm, not a trustee. We act for you…
- [Debt Relief in Ontario](https://debtlaw.ca/debt-relief-ontario/): Debt Relief in Ontario If you’re dealing with overwhelming debt in Ontario, bankruptcy isn’t your only option. A Consumer Proposal, a Division 1 Proposal, Debt Settlement, or Business Debt Restructuring can all reduce what you owe and stop collection pressure. The right option depends on how much you owe, your income, and what you own. Serving Ontario and other provinces Stop collection calls and wage garnishment Reduce what you legally owe Protect your assets and your paycheque Avoid bankruptcy in most cases Call 1-905-232-3222 Want to know how much debt we can reduce for you? Answer a few quick questions to…
- [Thank you page](https://debtlaw.ca/thank-you-page/): Thank You! We’ve Got Your Message. Our team is already reviewing your inquiry. You can expect a personal response within 24 hours during business days (Monday–Friday, 9 AM – 5 PM EST). We’re looking forward to helping you explore your options. A confirmation email has been sent to your inbox. Here’s What Happens Next 1 We Review Your Inquiry Our team carefully reviews your details to understand your financial situation and needs. 2 We Reach Out Personally A member of our team will contact you within 24 hours to discuss your options — no obligations. 3 Your Consultation Is Booked We’ll…
- [Division 1 Proposal Ontario | Metus Lykos](https://debtlaw.ca/division-1-proposal-ontario/): Division 1 Proposal in Ontario If your company is under severe financial pressure, a Division 1 Proposal may give you a legal path to deal with creditor claims and keep moving forward. A Division 1 Proposal is a formal process under Canada’s Bankruptcy and Insolvency Act. It allows an insolvent business to make a proposal to its creditors to settle unsecured debt for less than the full amount owed, extend time for payment, or both. If accepted by creditors and approved by the court, the proposal becomes legally binding. Serving Ontario and other provinces Avoid Bankruptcy Keep All Assets Stop Creditor…
- [Disclaimer](https://debtlaw.ca/disclaimer/): Disclaimer – Metus Lykos General Information Only This website is provided by Metus Lykos for general informational purposes. Nothing on this site constitutes legal, financial, or professional advice. Always consult a qualified legal professional for advice specific to your situation. No Lawyer–Client Relationship Viewing the site, contacting the firm, or submitting information through forms or quizzes does not create a lawyer-client relationship. A formal relationship is established only after the firm accepts your matter and a written retainer agreement is executed. Debt Relief Examples Any examples of debt reduction, settlements, or restructuring results are for illustration only. Past results do not…
- [Terms of Use](https://debtlaw.ca/terms-of-use/): Terms of Use – Metus Lykos About Metus Lykos Metus Lykos is a Canadian debt-relief law firm providing legal services related to debt negotiation, consumer proposals, debt settlement, and business restructuring. Our website provides general information only and does not constitute legal advice. No Lawyer–Client Relationship Using this website, including submitting information through forms, quizzes, emails, or messages, does not create a lawyer-client relationship.A lawyer-client relationship is formed only after we assess your matter, agree to act for you, and a written retainer agreement is signed. General Information Only All content on this site is for general informational purposes. It should…
- [Debt Repayment Calculator](https://debtlaw.ca/debt-repayment-calculator/): Canada’s Trusted Debt Relief Law Firm At Metus Lykos, we’re a Canadian debt law firm specializing in negotiation, restructuring, and consumer proposals.Unlike trustees who work for creditors, we work for you. Serving Ontario, Alberta, BC, and Saskatchewan Remove up to 80% on debt Private & Confidential Fully compliant with OSB & LSO Book a Free Consultation Metus Lykos – Hero Quiz You are hereDebt-free life Roughly, how much do you owe? Take the 30 second debt quiz Secure • Your information is protected How would you describe the current status of your payments? Up to date Behind Little of both Collections…
- [Debt Settlement Service](https://debtlaw.ca/debt-settlement-ontario/): Debt Settlement in Ontario Debt Settlement is an option that allows you to negotiate directly with your creditors to repay a portion of what you owe — often for significantly less.When done properly and legally, debt settlement can provide fast relief without the long-term commitment of a Consumer Proposal. At Metus Lykos, our lawyers negotiate directly with creditors on your behalf, providing strategic and legally grounded debt settlement solutions. Our approach complies with applicable Canadian consumer protection and insolvency laws. Serving Ontario and other provinces Avoid Bankruptcy Keep All Assets Stop Creditor Action Immediately Call 1-905-232-3222 Want to know how much…
- [Corporate Debt Restructuring Ontario | Metus Lykos](https://debtlaw.ca/business-debt-restructuring-ontario/): Business Debt Restructuring in Ontario Business restructuring helps companies regain control by analyzing assets, reducing financial pressure, and creating a path forward. We work with businesses across Ontario that are in financial trouble and need clear, strategic guidance before making irreversible decisions. Our goal is simple: help you stabilize your business and create a realistic path forward. Serving Ontario and other provinces Avoid Bankruptcy Keep All Assets Stop Creditor Action Immediately Call 1-905-232-3222 Want to know how much debt we can reduce for you? Answer a few quick questions to see what legal debt relief options may be available to you.…
- [Home](https://debtlaw.ca/): Canada’s Trusted Debt Relief Law Firm We’re a Canadian debt law firm specializing in negotiation, restructuring, and consumer proposals.Unlike trustees who work for creditors, we work for you. Serving Ontario and other provinces* We work to negotiate meaningful reductions in unsecured debt Private & Confidential Fully compliant with LSO Book a Free Consultation Want to know how much debt we can reduce for you? Answer a few quick questions to see what legal debt relief options may be available to you. Why Metus Lykos? We reduce your debt, not your dignity Debt is stressful, but getting help shouldn’t be. As a…
- [Case Results](https://debtlaw.ca/case-results/): Successful case results Notable verdicts delivered See how Elementra’s attorneys achieved results in high-stakes disputes, winning for people, firms, and brands. Highlighted case resolutions Our legal victories Remarkable trial outcomes Final results Landmark legal result Case gains Client success stories Legal stories 0 Key victories achieved 0 Clients’ trust earned 0 Major disputes resolved 0 Challenging claims closed Client achievements at Elementra Real case outcomes from our valued clients Elementra’s support helped us resolve disputes and reach business success. Their strategic advice led to favorable decisions and peace of mind. When our company faced a legal challenge, Elementra’s team stepped in…
- [Contact Us](https://debtlaw.ca/contact-us/): Have questions? Get in touch! Or, feel free to leave us an email or call. E-mail contact@debtlaw.ca Send Email Make a call +1 866 570-9988 Book a call
- [About Us](https://debtlaw.ca/about-metus-lykos/): About Metus Lykos Metus Lykos is a Canadian debt relief law firm dedicated to protecting individuals and businesses from financial collapse.We use legal strategy, negotiation, and restructuring tools to help our clients reduce debt, avoid bankruptcy, and regain control of their future — with clarity, compassion, and professionalism. Our name represents strength, protection, and unwavering advocacy. That is exactly how we approach every case. Contact Us What We Do Consumer Proposals Debt Settlement Business Restructuring (Division 1 Proposals) Corporate & Personal Debt Negotiation Legal representation during creditor disputes Unlike trustees — who work for your creditors — we work for you.Our…
- [Consumer Proposal Service](https://debtlaw.ca/consumer-proposals-ontario/): Consumer Proposal in Ontario If debt is becoming unmanageable, a Consumer Proposal may be the safest and most effective government-regulated solution. It allows you to repay only a portion of what you owe, stop interest, stop collections, and protect your home, car, and income — all without filing bankruptcy. Serving Ontario and other provinces Stop wage garnishments Lower your monthly payments Keep your home, car, and RRSPs Avoid bankruptcy Call 1-905-232-3222 Want to know how much debt we can reduce for you? Answer a few quick questions to see what legal debt relief options may be available to you. What Is…
- [Typography](https://debtlaw.ca/typography/): Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Heading H1 Proin faucibus ex nec mauris sodales, sed elementum mi tincidunt. Sed viverra egestas nisi consequat. Fusce sodales ultrices augue a accumsan. Heading H2 Proin faucibus ex nec mauris sodales, sed elementum mi tincidunt. Sed viverra egestas nisi consequat. Fusce sodales ultrices augue a accumsan. Heading…
- [Blog](https://debtlaw.ca/blog/)
- [Privacy Policy](https://debtlaw.ca/privacy-policy/): Privacy Policy Metus Lykos (“we,” “our,” “the Firm”) is committed to protecting the privacy and confidentiality of all personal information entrusted to us. As a Canadian debt-relief law firm, we handle highly sensitive financial and legal data, and your trust is fundamental to our relationship. This Privacy Policy explains how we collect, use, disclose, store, and protect personal information in compliance with the Personal Information Protection and Electronic Documents Act (PIPEDA), applicable provincial laws, and the professional obligations required by the Law Society of Ontario and governing bodies in the provinces where we operate. By using our website, submitting information through our…


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