Farber Debt Solutions

What Farber Debt Solutions does

Farber Debt Solutions (legally A. Farber & Partners Inc.) is a Canadian consumer debt relief firm headquartered in Toronto and operating as a Licensed Insolvency Trustee (LIT) practice. Founded approximately 1979, the firm has grown to 50+ offices across Canada, has assisted more than 200,000 Canadians with debt-related financial difficulties over its 45+ year operating history, and is a 12-time Consumer Choice Award recipient. The corporate structure includes related entities A. Farber & Partners Ltd. and Farber Tax Solutions Inc., indicating adjacent tax services within the same ownership group.

The firm's core offerings are Consumer Proposals (the primary service, advertised to reduce unsecured debt by up to 80% with 0% interest), formal Bankruptcy Services, Debt Counselling, and Debt Consolidation. The technology stack is modest: the public website hosts digital self-service tools (Debt-to-Income Calculator and Debt Payment Calculator) and supports online booking, indicating a lead-generation and qualification funnel rather than a sophisticated platform. There is no disclosed proprietary AI, automation, or data product.

The business model is fee-for-service professional services. Client acquisition is driven by free, no-obligation consultations delivered through inside sales, online booking, and inbound phone channels. Revenue is generated through fees on consumer proposals, bankruptcy filings, and debt counselling engagements, with clients paying on an installment basis over the life of the proposal. The customer base is exclusively B2C individual consumers in Canada, with no apparent reliance on enterprise or institutional clients. Geographic expansion to 50+ offices, the launch of self-service digital tools, and the addition of a tax solutions subsidiary are the most visible recent strategic moves.

Name

Farber Debt Solutions

Legal name

A. Farber & Partners Inc.

Website

https://farber.ca

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Farber Debt Solutions is a Canadian Licensed Insolvency Trustee firm operating 50+ offices nationwide, providing consumer proposals, bankruptcy, debt counselling, and consolidation services to individual Canadian consumers. Founded c. 1979, it has served over 200,000 clients.

Ownership category

akta.pro rank

Product category

Consumer Debt Relief Services

NAICS

Activities Related to Credit Intermediation (5223)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Credit Counseling & Debt Management Plans (DMP) (FSAKAJAH)

akta.pro secondary industries

Debt Consolidation Personal Loans (Unsecured Installment) (FSAKAAAD), Multi-Loan / Multi-Creditor Consolidation Loans (FSAKAIAD)

Keywords

• Debt relief services
• Consumer proposals
• Licensed insolvency trustees
• Debt counselling
• Debt consolidation

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Consumer Proposal Services: Farber files consumer proposals on behalf of clients through Licensed Insolvency Trustees. Consumer proposals are formal agreements that can reduce unsecured debt by up to 80%. Clients make monthly payments based on what they can afford over a 3-5 year period.
2. Bankruptcy Services: Bankruptcy filing services administered by Licensed Insolvency Trustees for individuals who cannot repay their debts. The process involves fees and disbursements that come from asset realization and income funds during the bankruptcy process.
3. Debt Counselling Services: Debt counselling provides advice for managing money and debts with financial education. Sessions help clients assess their current debt stress and discuss options without judgment.
4. Debt Consolidation Consulting: Consulting services to help clients understand debt consolidation options and determine if consolidation loans are appropriate for their situation.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Farber Debt Solutions is a Canadian debt relief firm that administers government-regulated debt relief solutions through Licensed Insolvency Trustees. Its core offering is the Consumer Proposal, a formal arrangement that can reduce unsecured debt by up to 80% with 0% interest and monthly payments based on client affordability, complemented by Bankruptcy, Debt Counselling, and Debt Consolidation services delivered through 50+ offices across Canada.

Product overview

Farber Debt Solutions is a Canadian debt relief company operating as a single integrated service platform. The core offering centers on a Consumer Proposal service—a government-regulated solution administered by Licensed Insolvency Trustees that reduces unsecured debt by up to 80% with fixed monthly payments at 0% interest. Supporting services include Bankruptcy (last-resort option), Debt Counselling (advisory sessions), and Debt Consolidation (loan-based debt combination). The platform also provides self-service digital tools including a Debt-to-Income Calculator and Debt Payment Calculator to help users assess their financial situation. The company operates with over 45 years of experience and maintains 50+ office locations across Canada.

Differentiator

Problem solved

Functional benefit

Products and services

• Consumer Proposal A regulated debt relief solution administered by a Licensed Insolvency Trustee that allows debtors to settle unsecured debt for less than they owe, often reducing it by up to 80%, with monthly payments based on what they can afford and 0% interest. Targeted at individual Canadians struggling with unsecured debt.
• Bankruptcy A legal debt relief option used as a last resort when other solutions are insufficient, involving the liquidation of non-exempt assets to repay creditors, administered by Licensed Insolvency Trustees. Targeted at individuals who cannot repay their debts.
• Debt Counselling Advisory service providing complimentary sessions to assess debt stress, discuss options without judgment, and identify suitable debt solutions with licensed experts. Targeted at individuals seeking debt management guidance.
• Debt Consolidation Consulting Consulting service to help clients understand debt consolidation options and determine if consolidation loans are appropriate, combining multiple debts into a single payment. Targeted at individuals evaluating whether to consolidate debt.

Quantifiable outcome

• Debt reduction of up to 80%
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Hoyes Michalos: Ontario-based Licensed Insolvency Trustee firm specializing in consumer proposals and personal bankruptcy with strong digital marketing and educational content. Closely comparable in service mix and target customer to Farber.
• Grant Thornton Canada: Grant Thornton's Canadian practice includes Licensed Insolvency Trustee services for individuals facing insolvency, providing consumer proposals and bankruptcy filings. A direct competitor in the regulated Canadian LIT market.
• Bromwich+Smith: Canadian Licensed Insolvency Trustee firm offering consumer proposals, bankruptcy, and debt consolidation services with multiple offices across Canada. Direct peer in both regulatory status and go-to-market approach.
• Sands & Associates: Western Canada-based Licensed Insolvency Trustee firm offering consumer proposals and personal bankruptcy services. A direct competitor operating under the same federal LIT regulatory framework.
• BDO Canada Limited: BDO Canada operates a national Debt Solutions practice staffed by Licensed Insolvency Trustees, offering consumer proposals, bankruptcy, and related advisory services. Competes directly with Farber for the same individual debtor clients in Canada.
• David Sklar & Associates: Toronto-based Licensed Insolvency Trustee firm providing consumer proposals, bankruptcy filings, and debt counselling. Operates in the same Greater Toronto Area market as Farber with the same LIT-regulated service mix.
• MNP LLP: One of Canada's largest accounting and business advisory firms with a national Licensed Insolvency Trustee practice offering consumer proposals, bankruptcy, and debt counselling. Directly competes with Farber across the same Canadian consumer debt relief category with comparable regulatory standing.

Broad incumbents

• Deloitte Canada (Restructuring): Big Four firm with a Canadian restructuring practice that includes individual insolvency services via LIT-licensed professionals. Overlaps with Farber's offering but is not consumer-specialized.
• KPMG Canada (Restructuring & Insolvency): Big Four professional services firm with a Restructuring & Insolvency practice that includes Licensed Insolvency Trustee services for individuals. Competes with Farber but as part of a much broader advisory portfolio.

Emerging players

• Credit Canada: Canadian non-profit credit counselling organization offering debt management plans, budgeting advice, and financial education. Adjacent rather than direct—provides counselling but does not administer consumer proposals or act as a Licensed Insolvency Trustee.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/FarberDebt
• Facebookfacebook.com/farberdebtsolutions
• LinkedInlinkedin.com/company/a-farber-and-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Farber Debt Solutions