We Can Help

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.

From our Consumer Proposal Toronto Blog:

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.

From our Consumer Proposal Toronto Blog:

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....

From our Bankruptcy in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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!

From our Consumer Proposal Toronto Blog:

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.

From our Consumer Proposal Toronto Blog:

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....

From our Consumer Proposal Toronto Blog:

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...

From our Living Debt Free in Toronto Blog:

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?

From our Living Debt Free in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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

From our Bankruptcy in Toronto Blog:

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.

From our Consumer Proposal Toronto Blog:

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

From our Bankruptcy in Toronto Blog:

Hardest Bankruptcy Lesson

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

From our Living Debt Free in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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?

From our Living Debt Free in Toronto Blog:

Debt Management - Controlling Impulse Buying

Say no to impulse buying – and improve your money management skills. Debt Management - Controlling Impulse Buying

From our Living Debt Free in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

Budget-Wise – At the Movies

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

From our Bankruptcy in Toronto Blog:

What is Unsecured Debt & Secured Debt?

An easy to understand explanation of unsecured debts and secured debts. What is Unsecured Debt & Secured Debt?

From our Consumer Proposal Toronto Blog:

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

From our Bankruptcy in Toronto Blog:

Hardest Bankruptcy Lesson

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

From our Living Debt Free in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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

From our Consumer Proposal Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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

From our Bankruptcy in Toronto Blog:

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.

From our Living Debt Free in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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

From our Consumer Proposal Toronto Blog:

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.

From our Consumer Proposal Toronto Blog:

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.

From our Consumer Proposal Toronto Blog:

Case History: Never Too Old

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.

From our Bankruptcy in Toronto Blog:

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

From our Living Debt Free in Toronto Blog:

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.

From our Living Debt Free in Toronto Blog:

20 Bad Credit Choices

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...

From our Consumer Proposal Toronto Blog:

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....

From our Consumer Proposal Toronto Blog:

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 ...

From our Consumer Proposal Toronto Blog:

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.

We Can Help

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.