
Debt Management, Budgeting and Reducing Expenses ~ from a Uniquely Toronto View
Consumer Proposal Articles and Answers from one of Toronto's Leading Trustee Firms
Bankruptcy Articles and Answers from one of Toronto's Leading Trustee Firms
Five Part Budget Basics Series
Cultivating an Attitude of Thrift
Toronto Bad Credit Loans
Banking and Credit Quiz
68 And Working At Wal-Mart
Your Initial Emergency Fund
Co-signing Loans
Make This a Debt Free Holiday Season
Planning for Unexpected Money
Credit Card Coffee
At David Sklar & Associates we have worked with thousands of people in the Greater Toronto Area facing the biggest financial challenges of their lives. We help people get through the Consumer Proposal / Bankruptcy legal paperwork maze and we deal directly with their debt holders – but most importantly, we provide our clients with the tools that they will need to live successful, debt free lives.
To help our clients adjust to living on a budget and to help everyone looking to eliminate debt in the Greater Toronto Area, we have set up a blog to share budgeting and debt reduction hints. In addition, we have set up two separate blogs to help people better understand the Consumer Proposal and Bankruptcy processes.
Our ‘Living Debt Free in Toronto’ blog shares lessons we, our clients, and our readers have learned, from setting up a budget to debt management to cutting expenses to finding low-cost, fun activities for the whole family.
In our ‘Consumer Proposal in Toronto’ blog our Trustees answer your Consumer Proposal questions and we provide useful articles to help make the Consumer Proposal process more understandable.
Our ‘Bankruptcy in Toronto’ blog features our Trustees answering your Bankruptcy questions and offers informative Bankruptcy articles.
Payday Loans Toronto – Dangerous Debts
The first in our series on dangerous debts – Payday Loans are one of the most difficult types of debt to break free from. Payday Loans Toronto – Dangerous Debts
Consumer Proposal Toronto Case History: Stewart
Life can be hard, and we may not end up where we wanted to be – but this brave Toronto man was able to keep true to his independent nature. Consumer Proposal Toronto Case History: Stewart
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
How to make financial fitness your goal. Get Out of Debt – Now!
Consumer Proposal – What’s in it for Creditors
Why do unsecured creditors vote in favour of Consumer Proposals that will only pay them a portion of their outstanding balance? Consumer Proposal – What’s in it for Creditors....
Debt Consolidation Loans – Not Always the Answer
Find out why a debt consolidation loan might not be the best answer to your debt problems. Debt Consolidation Loans – Not Always the Answer
Bankruptcy in Toronto – Not an Easy Fix
Bankruptcy in Toronto is not easy, but it does offer “honest, but unfortunate debtors” an opportunity to get a fresh financial start; recognizes the needs of creditors; and is overseen by trustees, the courts and the government. Bankruptcy in Toronto – Not an Easy Fix
Credit Card Debt – Take Control Part 1
Discover the simple tool that can help you better understand your personal use of credit. Credit Card Debt – Take Control Part 1
Credit Card Debt – Take Control Part 2
The nitty gritty of how to understand your credit card statements and how to reduce the interest you are paying on your credit card debt. Credit Card Debt – Take Control Part 2
Small Mississauga Bankruptcy – Big Relief Case History: ‘Mary’
Aggressive collection agents made life hard for a Mississauga woman on ODSP – but she regained control when she filed for bankruptcy.... Small Mississauga Bankruptcy – Big Relief Case History: ‘Mary’
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Emergency Funds – You Need One!
An Emergency Fund can be the difference between coping with a disaster and going under. Emergency Funds – You Need One!
Life After Bankruptcy in Toronto – A Reality Check
People who have gone through, or are going through bankruptcy have some challenges ahead, they also have the golden opportunity of a fresh start. Life After Bankruptcy in Toronto – A Reality Check
Case History: Avoiding a Second Bankruptcy in Toronto
Bankruptcy is never fun, but facing bankruptcy for a second time can be a crushing experience. Case History: Avoiding a Second Bankruptcy in Toronto
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Filing Bankruptcy in Toronto – Facing Your Fears
Overcoming the fear of Bankruptcy in Toronto can be one of hardest steps towards financial recovery. Filing Bankruptcy in Toronto – Facing Your Fears
Debts in Consumer Proposals Toronto
A review of the types of debts that can be included in a Consumer Proposal in Toronto: Debts in Consumer Proposals Toronto....
Having bad credit in Toronto is not fun. Find out how to fix bad credit. Fixing Bad Credit in Toronto
Increasing Rates of Consumer Proposals in Toronto CMA
Find out why increasing numbers of people in the Toronto area are deciding to file for Consumer Proposals rather than Bankruptcy. Increasing Rates of Consumer Proposals in Toronto CMA...
With interest rates on hold (for now) – now is the time for Greater Toronto debtors to get out of debt and start building a stronger financial future. Toronto Debt - Pay Off Now
What Impact Does Debt Have in Your Life?
Taking a hard look at the impact of debt in your life – might give you the motivation you need to become debt free. What Impact Does Debt Have in Your Life?
Before a bankrupt is discharged (released) from their unsecured debt, there are a number of tasks and duties they must perform. Duties of a Bankrupt
Money Management – Managing Your Bank Accounts
Good Money Management means you have to stay on top of your bank accounts. Here are some great tips on how to do that.. Money Management – Managing Your Bank Accounts
Personal Bankruptcy in Mississauga Case History: ‘Erica’
A young professional is faced with overwhelming debt after setting up her own consulting company... Personal Bankruptcy in Mississauga Case History: ‘Erica’
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Student Loans – Payment Negotiations
Repaying Student Loans is a challenge for many – and an unmanageable burden for others. The Federal and Ontario Provincial governments have set up programs that can help. Student Loans – Payment Negotiations
Money Management – Buying Expensive Items
When you have to spend money on expensive items, here are some hints that should help you manage your money. Money Management – Buying Expensive Items
Budget Wise – Summer Fun for Kids
Some useful, and cost effective ways to help your kids enjoy their summer. Budget Wise – Summer Fun for Kids
Case History: Consumer Proposal – Finding Help in Toronto
‘Susan’ (not her real name) is finding her way back after an addiction to drugs landed her deep in debt. Case History: Consumer Proposal – Finding Help in Toronto...
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Bankruptcy in Mississauga Case History: ‘Barry’ – Finding Hope
Bankruptcy is the last choice, but for this challenged young man and his family – it meant making life a little easier... Bankruptcy in Mississauga Case History: ‘Barry’ – Finding Hope
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Case History: Consumer Proposal Mississauga - Single Mother
Monthly minimum credit card payments of $700, and limited income – led this single mother of one to seek help. Case History: Consumer Proposal Mississauga - Single Mother
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Debt Consolidation – Your Options
Use this review of the three main types of Debt Consolidation – to learn more about your debt removal options. Debt Consolidation – Your Options
Money Management - Cutting Banking Costs
A close look and how one woman saved money on her chequing account fees – simply by talking to her bank. Money Management - Cutting Banking Costs
For many people, knowing that they might have been able to avoid Bankruptcy if they had gotten our help sooner – is a hard lesson. Hardest Bankruptcy Lesson
Budget-Wise Indoor Entertaining
Discover how you can afford to entertain in the Toronto Area and stick to your budget. Budget-Wise Indoor Entertaining
Money Management – Credit Card Statements
Checking your credit card statements monthly, can help you reduce the impact of credit card fraud. Money Management – Credit Card Statements
Debt management is not about lowering expectations – it is about identifying what you want, using the discipline required to get it, and staying out of debt. Debt Management and ‘Stuff’
Changing Debt Attitudes and Habits
Learning to change attitudes and habits that are sabotaging your efforts to be debt free can be an important step in your financial recovery. Changing Debt Attitudes and Habits
While Payday Loans can be an indication of serious financial problems, the true cost of this type of credit can motivate people to get their finances in order. Avoiding Payday Loans
What Are Your Minimum Monthly Payments Costing You?
Use a great, free tool to see what only making minimum monthly payments on your credit cards is costing you – and compare it to other methods of paying. What Are Your Minimum Monthly Payments Costing You?
Money Management – Encouraging Children to Save
Ideas on how to help your children learn the power of being a successful saver. Money Management – Encouraging Children to Save
Debt Management - Controlling Impulse Buying
Say no to impulse buying – and improve your money management skills. Debt Management - Controlling Impulse Buying
Pay Off Credit Cards – Snowball Method
A popular method for paying off credit cards – that uses an interesting approach. Pay Off Credit Cards – Snowball Method
Debt Management – Second Incomes
A second income can be a great way to get your debt load under control. Here are some second-income ideas for the Greater Toronto Area. Debt Management – Second Incomes
Vehicles in Bankruptcy in Ontario
Many people in Ontario worry about losing their vehicle if they go into bankruptcy. Find out what you need to know about this complicated aspect of bankruptcy. Vehicles in Bankruptcy in Ontario
Making the most of your entertainment budget takes a bit of planning. Discover strategies for a cost-controlled, fun family movie night. Budget-Wise – At the Movies
Successful Budgeting – Follow the Money
Where did all the money go? Find out with this simple tracking system. Successful Budgeting – Follow the Money
What is Unsecured Debt & Secured Debt?
An easy to understand explanation of unsecured debts and secured debts. What is Unsecured Debt & Secured Debt?
Successful Debt Management in Toronto - Learning From Our Mistakes
Learning from your own debt mistakes can help you to better manage your money and your future. Successful Debt Management in Toronto - Learning From Our Mistakes
Debt Consolidation – Your Options
Use this review of the three main types of Debt Consolidation – to learn more about your debt removal options. Debt Consolidation – Your Options
Money Management - Cutting Banking Costs
A close look and how one woman saved money on her chequing account fees – simply by talking to her bank. Money Management - Cutting Banking Costs
For many people, knowing that they might have been able to avoid Bankruptcy if they had gotten our help sooner – is a hard lesson. Hardest Bankruptcy Lesson
Budget-Wise Indoor Entertaining
Discover how you can afford to entertain in the Toronto Area and stick to your budget. Budget-Wise Indoor Entertaining
Money Management – Credit Card Statements
Checking your credit card statements monthly, can help you reduce the impact of credit card fraud. Money Management – Credit Card Statements
Debt management is not about lowering expectations – it is about identifying what you want, using the discipline required to get it, and staying out of debt. Debt Management and ‘Stuff’
Changing Debt Attitudes and Habits
Learning to change attitudes and habits that are sabotaging your efforts to be debt free can be an important step in your financial recovery. Changing Debt Attitudes and Habits
While Payday Loans can be an indication of serious financial problems, the true cost of this type of credit can motivate people to get their finances in order. Avoiding Payday Loans
Consumer Proposals – Relief & Hope
For the overwhelmed debtor it is hard to imagine a life without crushing stress. Discover how many people not only find relief from financial stress, but are able to find hope. Consumer Proposals – Relief & Hope
Student Loans are a special type of debt – that might be eligible for discharge in a Bankruptcy under two conditions: the Seven-Year Rule and the Hardship Provision. Bankruptcy and Student Loans
Budget Wise – Grocery Shopping
Smart grocery shopping starts with a little planning. Find out how you can feed your family well and make the most of your grocery budget at: Budget Wise – Grocery Shopping
Credit Counselling Toronto – Facing Debt Together
Discover what happens when a young Toronto couple decides to work together to deal with their Consumer Proposals and improve their money management skills at: Credit Counselling Toronto – Facing Debt Together....
Case History: Bankruptcy and the CRA
Doug (not his real name) was dealing with serious health issues that had pushed his business into Bankruptcy. Debts to creditors and the Canada Revenue Agency were proving overwhelming.... Case History – Bankruptcy and the CRA
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Budget-Wise Family Fun in the GTA
Family fun on a budget can be a true adventure – especially if you live in the Greater Toronto Area. Budget-Wise Family Fun in the GTA
Hope and a Plan for Rebuilding Lives
Our clients come from all walks of life – but they share one thing in common: worry. We help to ease that worry. Hope and a Plan for Rebuilding Lives
Case History: Consumer Proposal with a Unique Payout
The Consumer Proposal process offers some flexibility in paying – discover how one couple was able to satisfy their unsecured creditors and keep their business running. Case History: Consumer Proposal with a Unique Payout...
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Money Management – Bank Account Statements
Making sense of your bank account statements can be a challenge – but it is an essential skill in becoming debt free. Money Management – Bank Account Statements
Saving Money – Early Life Lessons
Every child needs the opportunity to learn how to save – find out how one exceptional family made sure their children were savings savvy. There are lessons for every age and every background at: Saving Money – Early Life Lessons
Case History: Overwhelmed by Student Loans
Carol (not her real name) – was single mother dealing with crushing student loans and persistent collectors. Unable to make her payments, and wanting to build a better life for her children – she faced a difficult decision. Case History: Overwhelmed by Student Loans...
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Ontario Bankruptcy - Tools of Trade - FAQ
The goal of exempting Tools of Trade from bankruptcy is to enable bankrupts to continue to earn their livelihood. Examine FAQs and general information about Tools of Trade exemptions in Bankruptcy in Ontario. Ontario Bankruptcy - Tools of Trade - FAQ
Division 1 Case History: A Fact of Life
When Revenue Canada is unhappy with you – life can be a challenge. Find out how Mark (not his real name) was able to take care of his past ‘lapses in accounting’ and get on with his life: Division 1 Case History: A Fact of Life...
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Is Consumer Debt Making You Poor?
Despite what you might have heard, Consumer Debt is not a good thing – nor it is a fact of life. Find out how you can get out of the Consumer Debt cycle and get on with your life. Is Consumer Debt Making You Poor?...
Discover how James (not his real name) an optimistic senior entrepreneur, kept his business going and found his way out of crippling personal debt through a Consumer Proposal in: Never Too Old...
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
Planning for Unexpected Money 2
Learning from your past can be a great teacher. Learn how you can make the most of unexpected money in: Planning for Unexpected Money 2
Personal Bankruptcy and Filing Late Tax Returns
FAQs and information on filing for Personal Bankruptcy when income taxes have not been filed for previous years. Personal Bankruptcy and Filing Late Tax Returns
The Joneses have a lot to answer for! Or do they? Discover our take on this much-maligned couple in: Stop Blaming the Joneses!
Debt Consolidation Loans in Toronto – Dangers
While there can be good reasons to use the equity in your home for a Debt Consolidation Loan, there can also be hidden dangers to your financial well-being: Debt Consolidation Loans in Toronto – Dangers.
Bankruptcy – No One Wants To Go There
Learn the lessons our Bankruptcy clients have learned - they might just keep you out of Bankruptcy. Bankruptcy – No One Wants To Go There
We have all made them. Here is a list to help you spot if you might be making bad credit choices: 20 Bad Credit Choices...
Gifts that won’t hurt the pocket book, and actually make giving fun. Very Affordable Gifts...
Consumer Proposals and Student Loans
Because of their special status, student loans are not treated like other unsecured debts in a Consumer Proposal. Find out more at: Consumer Proposals and Student Loans....
Bankruptcy in the Greater Toronto Area – You Are Not Alone
For people filing Bankruptcy, it can feel like they are alone. But they are not alone - every year thousands of people in the GTA file for Bankruptcy. Find out more at: Bankruptcy in the Greater Toronto Area – You Are Not Alone
Consumer Proposal Filing Rates in the Greater Toronto Area
We know that numbers are not most people’s cup of tea, but we found these statistics worth sharing: Consumer Proposal Filing Rates in the Greater Toronto Area ...
Why Do People Go Into Bankruptcy?
After filing thousands of Bankruptcies in the Greater Toronto Area, the Professionals at David Sklar & Associates are well aware of the main causes of Bankruptcy. Find out what they are at: Why Do People Go Into Bankruptcy?...
Case History: Building a Better Life by Design Not Chance
Russell (not his real name) was a recovering compulsive gambler with a Bankruptcy in his past. Find out how he was able to successfully deal with his overwhelming debt load in: Building a Better Life by Design Not Chance...
Note: our case histories contain real stories about real people - however, we have altered some of the facts to protect our clients’ privacy.
If your debt problems seem insurmountable and you are thinking about filing a Consumer Proposal or Bankruptcy and you live in the Greater Toronto Area – we can help. At David Sklar & Associates, our Certified Professionals have the experience and knowledge to help you get out of debt and move on with your life. Call us today at 416-498-9200 or get started with our Quick Assessment Form to book your Free Consultation.
Confidential & Free Initial Consultation
or Get Started with Our Quick Assessment Form Today
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David Sklar & Associates Inc - Greater Toronto Ontario Bankruptcy Trustee
Consumer Proposals ~ Debt Consolidation ~ Debt Management ~ Bankruptcy
Toronto ~
Mississauga – Etobicoke ~
North York – Scarborough ~
North York West ~
Pickering – Ajax ~
Brampton