Get Out of Debt in Ontario

Are you ready to be debt free?

If you’re overwhelmed by debt, we can help you understand your options and take the next step with confidence.

Family receiving debt help from David Sklar Licensed Insolvency Trustees in Ontario

Your path to financial freedom starts here

In this video, Licensed insolvency Trustee Richard Sklar explains how our team helps Canadians break free from the stress of debt, understand their options, and find a clear path forward.

WHAT IS A LICENSED INSOLVENCY TRUSTEE?

A Licensed Insolvency Trustee (LIT) is the only debt professional in Canada federally authorized by the Office of the Superintendent of Bankruptcy to administer consumer proposals and bankruptcies. We’re regulated by the Government of Canada and bound by a strict Code of Ethics. Our job is to act as a neutral, qualified guide — helping you understand your debt relief options and choose the path that fits your situation. At David Sklar & Associates, our Licensed Insolvency Trustees have served Ontario since 1998.

Father and baby relaxing after consumer proposal debt relief from David Sklar

Debts that we can help you with

Whatever your situation, we’re committed to helping you get out of debt with your best interest in mind.

Compare Your Debt Relief Options

Getting out of debt starts with understanding your choices

A consumer proposal is a powerful alternative to bankruptcy. It allows you to make one affordable monthly payment, reduce unsecured debt, stop interest on included debts, and get protection from most unsecured creditors.

Benefits:

A consumer proposal is a government regulated debt solution filed through a Licensed Insolvency Trustee.

Bankruptcy is a legal debt solution for people who cannot afford to repay their unsecured debts. It may not be your first choice, but it can provide a clear path forward when debt payments, collection calls, or wage garnishments have become unmanageable.

Benefits:

Bankruptcy is a government regulated process filed through a Licensed Insolvency Trustee.

David Sklar & Associates does not offer debt consolidation loans. As a Licensed Insolvency Trustee firm, we help people explore legal debt relief options when a new loan may not be the right fit.

Things to consider :

If a loan is not the right fit, a consumer proposal may help combine included unsecured debts into one affordable monthly payment.

Consumer Proposal: The #1 Alternative to Bankruptcy in Canada

How to Become Debt-Free in 3 Steps

Start living your best life debt-free, with confidence

Debt Help Starts With a Conversation

5,500+ Top-Rated Reviews

4.9 stars based on over 3600+ reviews

Mischa
2 days ago
Disha Chauhan at David Sklar & Associates made the consumer proposal process completely seamless. She was professional, empathetic, and went above and beyond—even providing quick responses after hours to ease my worries. Disha explained every step clearly and lifted a massive financial weight off my shoulders. I highly recommend her and the firm to anyone needing a fresh start!"
Response from the owner:Thank you for such a wonderful review, Mischa! It means a great deal to hear about your experience with Disha and the impact she had throughout the process. We truly appreciate your recommendation. Congratulations on your Fresh Start from David Sklar & Associates!
Rafa T.
3 days ago
I contacted David Sklar & Associates by filling out a form on their website. That same day, a firm representative contacted me to schedule my initial consultation. I requested to speak in Spanish, and they connected me with Beatriz Cabrera. That’s where the magic happened. Beatriz was very kind and clearly explained the best option for my current situation. She stayed in constant contact with me to gather all the documentation needed to start my proposal. I highly recommend this company; the entire team does an amazing job. Thank you so much.
Response from the owner:Thank you for taking the time to share this, Rafa! We’re delighted to hear about your experience with Beatriz and our team. Your wonderful recommendation means a great deal to us. Congratulations on your Fresh Start from David Sklar & Associates!
Lisa E.
3 days ago
Thank you Jennifer Ricaplaza & Team! Jennifer was amazing from the very beginning. She took the time to help me understand my options and explained everything thoroughly, patiently, and with genuine care. I never once felt rushed. Jennifer is incredibly kind, warm, and compassionate. She was extremely sympathetic to my situation and always made me feel heard and supported. I asked many (MANY!) questions throughout the process (sometimes more than once!) and she never hesitated to take the time to answer them. At every step, she would also check in and ask how I was feeling, which meant more to me than she probably realized. I am SO grateful to the entire team, and especially to Jennifer, who truly took the time to get to know me and understand my situation. She is exactly the kind of person you want representing your company — professional, caring, compassionate, and genuinely invested in her clients. You are very fortunate to have such a wonderful person on your team. A heartfelt thank you as well to Stephanie and the trustee, Chris, for their help and support throughout the process. Thank you all so much for making what could have been an overwhelming experience feel much easier and more manageable. I am truly grateful.
Response from the owner:Thank you for such an incredibly heartfelt review, Lisa! It means a great deal to read what you’ve shared about Jennifer and the experience you had with our team. We also appreciate your kind acknowledgement of everyone involved. Thank you for taking the time to share such meaningful feedback. Congratulations on your Fresh Start from David Sklar & Associates!
Amelia L.
3 days ago
I recommend David & sklar for those needed help,its very nice and kind with Samycha Francis shes the one who help me through the process .she.explained to me well in details.i hate paper works.but she was the one who make it easier for me.. For Samycha F thank you so much and mire power to you.keep up the good works. From Amy L
Response from the owner:Thank you, Amy! It’s wonderful to hear about your experience with Samycha and the assistance she provided throughout the process. We truly appreciate your recommendation and the 5 stars. Congratulations on your Fresh Start from David Sklar & Associates!

4.9 stars based on over 2000+ reviews

What our clients are saying

Credit counselling during bankruptcy — David Sklar Ontario

Calculate savings

$10,000
◄ SLIDE ►
Debt Amount

Consumer Proposal - 0% Interest

You Pay $0
You Save $0

Debt Consolidation Loan - 30% Interest

Pay $0

Do Nothing - 19% Interest

Pay $0

* Calculations above are made over a 5 year period at a rate of 80% savings. This calculator provides an estimate of the total savings you may receive when filing a consumer proposal. Actual results may vary. Your payments will depend on your income, assets, and debts.

Considering your options 

Let’s talk!

Book a free, no-obligation consultation and we’ll walk you through your options — so you can make the right choice with confidence.

21 Licensed Insolvency Trustee Offices Across Ontario

There is a David Sklar office near you

Friendly, professional, local debt relief services in Ontario.

More about managing debt

Frequently Asked Questions

Choosing the best Licensed Insolvency Trustee in Ontario depends on your needs, location, and financial situation. A good trustee should be federally licensed, experienced, transparent, and committed to explaining all of your options clearly. David Sklar & Associates has helped individuals and families across Ontario since 1998, offering consumer proposals, bankruptcy services, and debt counselling through a compassionate and professional team.

We help you understand your legal debt relief options, including consumer proposals, bankruptcy, debt consolidation, budgeting strategies, and informal repayment options. After reviewing your financial situation, we explain what options may be available to you and help you decide which path may be appropriate based on your income, assets, debts, and goals.

Yes. Your initial consultation is free and confidential. During the consultation, we review your financial situation, answer your questions, and explain your available options. Consultations may be available in person, by phone, or by video.

We can help with many types of unsecured debt, including credit card debt, lines of credit, payday loans, personal loans, tax debt, collection accounts, and certain student loans. Some debts have special rules, so we will review your situation carefully and explain how each debt may be treated.

David Sklar & Associates has office locations across Ontario, including Toronto, Mississauga, Brampton, Markham, Vaughan, Hamilton, Burlington, Kitchener, London, Ottawa, Kingston, and more. We also serve many surrounding communities and offer phone and video consultations for added convenience.

David Sklar & Associates has been helping people across Ontario since 1998. For more than 25 years, our team has provided professional debt help through consumer proposals, bankruptcy services, and financial counselling.

At a glance

About David Sklar & Associates

TypeLicensed Insolvency Trustees, federally regulated by the OSB
Founded1998 by David Sklar
Locations22 offices in Ontario, 33 service-area communities
ServicesConsumer proposals, personal bankruptcy, credit counselling, debt consolidation guidance
LanguagesEnglish, Spanish
Reviews4.9 stars on Google (1,877 reviews) and Trustpilot (3,329 reviews)
Phone1-844-962-9200
Featured onCP24
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We're Here to Help You Get Out of Debt

Our federally 🇨🇦 regulated team of Licensed Insolvency Trustees in Ontario can help you get out of debt and in control of your own financial future.

We’ve helped thousands of people and we can help you too. 

We know this is stressful, but you’re not alone