If you are facing bankruptcy in Mississauga or Etobicoke, we can help. David Sklar & Associates, Trustee in Bankruptcy serving Mississauga, Etobicoke and the entire Greater Toronto Area – has helped thousands of people get out of debt and get a fresh financial start.
Because making an informed decision regarding bankruptcy is essential, our Licensed Debt Professionals™ provide a free, no-obligation initial consultation – where we will review your financial situation and discuss all of your solutions (yes, even the ones we do not provide services for).
To book your free consultation at our Mississauga / Etobicoke office or any of our 6 Greater Toronto Area offices, call 416-498-9200 – or fill in our online Quick Assessment Form.
During your free consultation, our caring professionals will review your finances in detail – and discuss all of your options.
If bankruptcy is the best option, we will let you know – but, whenever possible, we will try to find a way to get you out of debt without bankruptcy.
Your options for getting out of debt depend largely on your financial situation.
If your finances are not too severe, we might be able to identify options such as budgeting, non-profit debt management programs, and debt consolidation.
Even if your finances are in serious trouble, you might qualify for government-regulated debt reduction programs such as consumer proposals and division 1 proposals – that will help you avoid bankruptcy.
A little-know section of the Bankruptcy and Insolvency Act allows for a process known as a consumer proposal. It enables qualified people to avoid bankruptcy, pay a portion of their debt and keep their assets.
A division 1 proposal is similar to a consumer proposal, but it is for a business with any levels of unsecured debt and individuals who owe $250,000 or more in debt (not including the mortgage on their main residence).
Our Licensed Debt Professionals™ will review these options with you in detail during your consultation.
With debt consolidation you are replacing multiple unsecured loans into one payment per month. You can go with a private lender, a bank, a debt management program or select debt relief with a consumer proposal.
Consider all options regarding Debt Consolidation loans. Learn the facts on Debt Consolidation and review the risks involved. Find out what is the best option for you.
Trustees in bankruptcy are licensed and regulated by the Canadian federal government and are the only ones allowed to file bankruptcy and proposals.
To book your free consultation at the David Sklar & Associates, Licensed Insolvency Trustee, Mississauga / Etobicoke office or any of our 6 GTA offices call 416-498-9200.