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.

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.

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

Book your free consultation (phone, video or in-person).

We will discuss the best debt-relief options for you.

We speak to your creditors and look after all the paperwork.

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 3700+ reviews

Madan N.

2 days ago

I would like to sincerely thank Sorna Maghsoodi and the entire team at David Sklar & Associates for their outstanding support, professionalism, and guidance throughout my Consumer Proposal process. I am especially grateful to Sorna for all her help. From the very beginning, she was incredibly understanding, patient, friendly, and professional. Going through financial difficulties is never easy, and it can be a very stressful and overwhelming experience. However, Sorna made the entire process much easier for me by taking the time to explain everything clearly, answering all my questions, and guiding me through each step with care and understanding. What I appreciated most was her kindness, dedication, and willingness to listen to my situation without making me feel uncomfortable or judged. She genuinely cared about helping me find the right solution for my financial circumstances. Her professionalism and positive attitude gave me confidence and peace of mind during a difficult chapter of my life. Sorna, thank you so much for your patience, hard work, encouragement, and continuous support. I truly appreciate everything you have done for me. You are amazing at what you do, and your kindness makes a real difference in people’s lives. I would highly recommend Sorna Maghsoodi and David Sklar & Associates to anyone looking for professional, trustworthy, and compassionate debt solutions assistance. Thank you once again, Sorna. I am genuinely grateful for your help and wish you and the entire team continued success!

Response from the owner:Thank you for sharing such a heartfelt review, Madan! It's wonderful to see how much Sorna's guidance and encouragement have meant to you. Knowing that she helped bring you peace of mind during an important time in your life is especially rewarding. We sincerely appreciate your generous recommendation and your thoughtful wishes for our team. Congratulations on your Fresh Start from David Sklar & Associates!

Felicitas C.

5 days ago

Thank you so much my dear Sorna! You are truly my sunshine and I cannot thank you enough. I have been emotional because you have been so patient, calm and so loving. Since the first time I met you I was so comfortable speaking with you and you weren't judgmental of my situation at all and I cannot thank you enough! I really appreciate everything you have done for me. You have even chose to help me on your lunch break and this is quite rare to find.

Response from the owner:Thank you for such a beautiful review, Felicitas! Your words about Sorna are incredibly touching, and we know she'll be happy to read them. It's especially meaningful to hear how comfortable and supported she made you feel from the very beginning. We truly appreciate you recognizing the difference she's made. Congratulations on your Fresh Start from David Sklar & Associates!

Jeannie W.

6 days ago

Jackie is Avery nice, patient & understanding person. I am so glad to have worked with her and look for to in the future.

Response from the owner:Thank you, Jeannie! It's lovely to read your comments about Jackie and the kindness and patience she showed. We appreciate you sharing this with us and look forward to continuing to work with you. Congratulations on your Fresh Start from David Sklar & Associates!

Harley V.

1 week ago

Excellent service experience people that know how to resolve the issues you are there for totally stress free

Response from the owner:Many thanks, Harley! We're so glad to know that you were satisfied with the service and expertise provided by our team. Your feedback means a lot to us. Congratulations on your Fresh Start from David Sklar & Associates!

4.9 stars based on over 2000+ reviews

What our clients are saying

“Debt collectors don’t control me anymore.”

“I thought I had to suffer alone… I was wrong.”

“When no one else could help, David Sklar did.”

“Six debt collector calls a day—now, none.”

“For the first time in years, I could breathe.”

“The best thing I’ve done for my finances.”

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.

Find Your Location

More about managing debt

Consumer Proposal and Bankruptcy Milestones in Ontario

How Much Debt Is Considered Too Much in Canada?

How Do Consumer Proposals Compare to Debt Consolidation?

How Do I Choose the Right Debt Solution for My Situation?

What Will My Monthly Payments Look Like in a Consumer Proposal?

Frequently Asked Questions

Who is the best Licensed Insolvency Trustee in Ontario?

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.

How can David Sklar & Associates help me get out of debt?

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.

Is the first consultation really free?

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.

What kinds of debt can David Sklar help with?

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.

Where are David Sklar offices located in Ontario?

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.

How long has David Sklar & Associates been in business?

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

Type	Licensed Insolvency Trustees, federally regulated by the OSB
Founded	1998 by David Sklar
Locations	22 offices in Ontario, 33 service-area communities
Services	Consumer proposals, personal bankruptcy, credit counselling, debt consolidation guidance
Languages	English, Spanish
Reviews	4.9 stars on Google (1,877 reviews) and Trustpilot (3,329 reviews)
Phone	1-844-962-9200
Featured on	CP24

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