How Ontario Homeowners Can Restructure Before It Hurts

How Debt Restructuring Works

If you’re a homeowner in Ontario, your house might be the tool that helps you clean this up.

Debt restructuring is about taking high-interest consumer debt and rolling it into a lower-interest mortgage product, like a refinance, a HELOC, or even something more flexible like a Manulife One account.

Let’s say you’ve got:

• $35K in credit cards and personal loans

• Paying ~19% interest

• Monthly payments of $1,200+

By rolling that into your mortgage at ~4.5%, you might cut that monthly pain in half and actually start getting ahead.

Why Most People Wait Too Long

Waiting until “things settle down” is a trap. Interest charges pile up, credit scores drop, and options shrink. The best time to restructure is before the stress becomes unmanageable.

This isn’t just about survival. It’s about turning your mortgage into a financial tool and using it to build real security.

If you’re a 40-something homeowner in Ontario with dual income, a good chunk of equity, and more debt than you’re comfortable with, you’re not alone. But you are in a position to do something about it.

Next Step

Book a 30-minute strategy call. I’ll walk you through how this works, no fluff. It’s not about selling you something, it’s about showing you your actual options so you can make the right call. https://calendly.com/derrickjohnston/30min?month=2025-11