Negotiating payment terms

What are my rights?

Do I have to hire a professional to negotiate with my creditors?
  • Yes
  • No

If you’re struggling with debt, contacting your creditors to explore options together can help turn things around. You may be able to agree with your creditors on new terms to help you make your payments. We offer step-by-step guidance and template letters to help you negotiate payment terms.

What you should know

Work out the problem

Common questions

Who can help

  • This information applies to British Columbia, Canada
  • Reviewed for legal accuracy in June 2018
  • Time to read: 8 minutes

Reviewed for legal accuracy by

Mario Garcia, CarbonCure Technologies

Mario Garcia

Also on this topic

Still not sure what to do?

If you're looking for advice specific to your situation, there are options for free or low-cost help.

Options for legal help

Copyright 2023 People's Law School

Powered by contentful

We are grateful to work on the unceded traditional territories of the xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish) and səlilwətaɬ (Tsleil-Waututh) Nations, whose Peoples continue to live on and care for these lands.