farber

What farber does

Farber, operating through its legal entity A. Farber & Partners Inc., is a privately held Canadian debt solutions firm founded around 1980 and headquartered at 1220 Sheppard Ave. East in Toronto. The company delivers regulated debt-relief and insolvency services to individual Canadians through Licensed Insolvency Trustees, the only professionals legally authorized to administer consumer proposals and bankruptcies under Canadian federal law. Its core offering is the consumer proposal, which can reduce unsecured debt by up to 80% with interest frozen and creditor action stayed; complementary services include bankruptcy filings, debt counselling, debt consolidation advisory, Division 1 Proposals for debts exceeding $250,000, and Orderly Payment of Debt programs in applicable provinces. Supporting digital tools include a Debt-to-Income calculator and a Debt Payment calculator on its website.

Name

farber

Legal name

A. Farber & Partners Inc.

Website

https://farbergroup.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Farber is a Canadian Licensed Insolvency Trustee firm founded around 1980 that delivers regulated consumer proposals, bankruptcy, and debt counselling services to individual Canadians across 50+ offices, having assisted over 200,000 people.

Ownership category

akta.pro rank

Product category

Consumer Debt Relief Services

NAICS

Mortgage and Nonmortgage Loan Brokers (522310)

SIC

Personal Credit Institutions (6141)

akta.pro primary industry

Financial Hardship & Forbearance Assistance (FSAEAFAJ)

akta.pro secondary industry

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

Keywords

• Debt relief services
• Consumer proposals
• Insolvency trustees
• Bankruptcy filing
• Debt counselling

Headquarters

HQ city

Toronto

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D, Others

Revenue model

1. Consumer Proposal Administration: Consumer proposals are filed through Licensed Insolvency Trustees. Trustee fees are taken from the proposal payments made monthly by the consumer - consumers do not pay trustees separately. The proposal payment is locked in once accepted by creditors with no surprises.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Farber provides Canadian consumers with personalized debt relief solutions administered by Licensed Insolvency Trustees. The company's core offering centers on Consumer Proposals that can reduce unsecured debt by up to 80%, supplemented by Bankruptcy filings, Debt Counselling, Debt Consolidation advisory, Division 1 Proposals for debts over $250,000, and Orderly Payment of Debt programs. Services are delivered through free, confidential consultations available by phone, video, or in-person at 50+ Canadian offices.

Product overview

Farber offers personalized debt relief solutions through Licensed Insolvency Trustees, primarily centered on Consumer Proposals as the flagship offering. The company provides a suite of regulated debt relief services including Consumer Proposals (which can reduce unsecured debt by up to 80%), Bankruptcy filings, Debt Counselling, and Debt Consolidation advisory services. Supporting tools include online Debt-to-Income and Debt Payment Calculators. For larger debts exceeding $250,000, the company offers Division 1 Proposals. The company operates across 50+ offices in Canada with free initial consultations.

Differentiator

Problem solved

Functional benefit

Products and services

• Consumer Proposal A formal, legally binding agreement between a debtor and creditors administered by a Licensed Insolvency Trustee, allowing payment of a portion of debt over up to five years while protecting assets. Can reduce unsecured debt by up to 80% and freezes interest upon filing.
• Bankruptcy A government-regulated debt relief option administered by Licensed Insolvency Trustees, typically considered a last resort after exploring other options. Provides legal discharge of qualifying debts while protecting the debtor from creditor action.
• Debt Counselling Advisory service providing complimentary sessions to assess debt stress, discuss options without judgment, and identify appropriate debt solutions. Delivered by experienced debt counsellors.
• Debt Consolidation A debt relief approach involving combining multiple debts into a single loan. Farber provides advisory guidance on consolidation, including candid disclosure of potential drawbacks such as hidden fees and inability to reduce total debt.
• Division 1 Proposal A formal procedure under the Bankruptcy and Insolvency Act for individuals or businesses with debts over $250,000, filed through a Licensed Insolvency Trustee.
• Orderly Payment of Debt (OPD) A court-approved payment option available in some Canadian provinces that consolidates balances into one manageable payment with fixed interest.

Quantifiable outcome

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

Named customers6 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• MNP LLP (Debt Solutions): MNP is one of Canada's largest accounting and debt advisory firms with a dedicated Debt Solutions practice administering consumer proposals and bankruptcies. It competes head-to-head with Farber on the same Canadian consumer debt-relief services.
• BDO Canada (Debt Solutions): BDO Canada operates a national Licensed Insolvency Trustee practice offering consumer proposals, bankruptcy, and debt counselling to Canadians. It directly overlaps with Farber's core consumer proposal and counselling offerings.
• Grant Thornton Canada (Debt Solutions): Grant Thornton runs a Canadian debt solutions and insolvency practice serving individual consumers with proposals and bankruptcy filings. It is a comparable multi-office LIT competitor to Farber.
• Hoyes Michalos & Associates: Hoyes Michalos is an Ontario-based Licensed Insolvency Trustee firm specializing in consumer proposals and debt counselling for Canadians. It targets the same consumer segment as Farber with comparable services.
• David Sklar & Associates: David Sklar & Associates is a Canadian LIT firm offering consumer proposals, bankruptcy, and debt advisory across Ontario. It is a direct regional competitor to Farber in the consumer insolvency space.

Broad incumbents

• KPMG Canada (Restructuring): KPMG's Canadian restructuring practice includes personal insolvency and debt advisory work as part of a broader professional services portfolio. It overlaps with Farber's offerings but does not specialize exclusively in consumer debt.
• Deloitte Canada (Restructuring): Deloitte provides restructuring and insolvency services in Canada, including personal debt advisory within a much larger advisory practice. It is a broad incumbent with partial overlap to Farber's consumer debt work.

Emerging players

• Refresh Financial: Refresh Financial is a Canadian fintech focused on debt consolidation programs and credit-building for consumers. It competes with Farber's consolidation and counselling offerings through a more digital-first delivery model.
• Consolidated Credit Solutions (Canada): Consolidated Credit is a credit counselling and debt management service provider active in Canada, offering debt consolidation and DMPs. It addresses the same financially stressed consumer segment as Farber through non-trustee counselling.

Others

• Debt.ca: Debt.ca is a Canadian online platform that connects consumers with debt relief options including LIT firms and credit counsellors. It functions as an indirect marketing and referral channel relevant to Farber's customer acquisition mix.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/farberdebtsolutions
• LinkedInlinkedin.com/company/farber-debt-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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