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Corporate Bankruptcy in Ontario

At David Sklar & Associates, Bankruptcy Trustees serving the Greater Toronto Area, we know that a Corporate Bankruptcy or Business Bankruptcy can have an impact not only on the economy but also in very real human terms on:

  • Business owners and their families;
  • Business investors and their families;
  • Employees and their families; and
  • Suppliers and their employees.

We work closely with our business clients to explore all their possible options. Only after we are satisfied that bankruptcy is the only viable solution will we recommend it. It is important to note that many companies in Ontario could have avoided bankruptcy by contacting a Licensed Trustee sooner.

If your business is facing crippling debt and repayment issues and you are considering filing for bankruptcy, we recommend you visit one of our Greater Toronto Area offices to discuss your situation and explore possible solutions with one of our experienced and certified professionals. Call us at 416-498-9200 to book a Free Consultation.

David Sklar & Associates is a Licensed Bankruptcy Trustee under the Bankruptcy and Insolvency Act – with extensive experience in assisting small to mid-sized companies through Division 1 Proposals and Bankruptcies.

Under the Act, most partnerships and corporations may apply for bankruptcy as a business – however a sole proprietorship must apply as an individual and not as a business. The complexities and process of a Corporate Bankruptcy can vary greatly from one business to another.

In general, as Bankruptcy Trustees, we work with bankrupt companies, their creditors, the Office of the Superintendent of Bankruptcy, and the Courts to ensure efficient, fast and fair distribution of bankrupt business’ assets among creditors. By putting a bankrupt company’s assets back into the economy as quickly and fairly as possible, we are freeing up those assets for other business uses and enabling the principles of the company to get a ‘fresh start’.

Corporate Bankruptcy Inquiries for Toronto Ontario

If your company is facing serious financial difficulty, contact our proven professionals to discuss all of your options. With six offices in the Greater Toronto Area, David Sklar & Associates offers a Confidential & Free Initial Consultation to review your business’s financial situation. Call 416-498-9200 to book your Free Consultation with the Corporate Bankruptcy experts at David Sklar & Associates.

We Can Help

If your debt problems seem insurmountable – we can help. At David Sklar & Associates, our Licensed Debt ProfessionalsTM have the experience and knowledge to help you get out of debt. During your consultation, we will help you understand what your current financial situation is, how best to fix it, and how to move on to a better life. With six offices in the Greater Toronto Area – we are here to help.

Call Us Today For a Confidential & Free Initial Consultation Call 416-498-9200