David Sklar & Associates Inc.

Consumer Proposal & Bankruptcy Trustees
Serving the Greater Toronto Area

Life After Bankruptcy in Toronto – A Reality Check

Yes, there is Life After Bankruptcy in Toronto and all of the GTA.

Every year, thousands of people in the GTA declare bankruptcy – and every year, thousands of people successfully complete their bankruptcies and earn their absolute discharges.

Debbie Wallace, one of the bright lights at David Sklar & Associates, encourages discharged bankrupts to “realize the wonderful opportunity and fresh start you have been given.”

What Does It All Mean?

If you are contemplating bankruptcy, or you are getting close to completing your bankruptcy – we have some great ideas for you to think about.

This is a golden opportunity – your unsecured debts will be gone, you can begin anew, and build the life you want for your family.

Yes, your bankruptcy will appear on your credit history for 6 to 7 years once your bankruptcy is complete – but you can begin to improve your life now.

This is your opportunity to do it right - to take small, controlled steps towards building a secure financial future for you and your family.

Depending on your bankruptcy, you may have spent between 9 and 36 months in bankruptcy. During that time, you lived on a budget. You used the discipline needed to stay on track and within your budget. Now you can apply this strength to other areas of your finances.

During bankruptcy, you also discovered the joy of not being hounded by creditors. You enjoyed the simple pleasure of picking up your phone without worry. Learn how to plan and live your life without falling back into that kind of stress.

To help you in your goal to build upon the fresh start you have earned with your bankruptcy, we will be publishing a series of articles for the discharged bankrupt - from re-establishing credit, to learning how to better manage your money, to learning how to build a sound financial future.

If you would like to receive an e-mail notice of when these fresh-start articles are published, please drop us a line in the contact info below.

If you have examples of how good Life After Bankruptcy can be, drop us a note.