Debt Relief Canada

We can help you find the rigth debt solution to get you back on track

What’s the best debt relief option in Canada for you?

There are some excellent debt relief options in Canada and there are others that can lead to increased financial strain. 

At David Sklar & Associates we are committed to helping you out of debt and we always have our customer’s best interest at heart. We’re committed to helping you choose the best debt-relief solution for your situation.

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The top debt relief options in Canada include:

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Filing a consumer proposal

What is a consumer proposal? It’s a debt-relief option in Ontario that reduces your monthly debt payments by up to 80%.

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Declaring personal bankruptcy

After you’ve exhausted all other debt-relief options, declaring personal bankruptcy will give you a fresh start.

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Applying for a debt consolidation loan

Consolidating your debts is a valid debt-relief option, but debt consolidation loans come with very high-interest rates and aren’t always the best option.

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Debt Management Plan

Debt Management Plans are an option for people who earn enough to pay off 100% of their debts but cannot manage to pay off their debt + current interest rates.

A debt management plan will allow you to negotiate with your creditors reduced interest rates on the debts you owe. This agreement is not legally binding and can not include Student Loans or Canada Revenue Agency debt, nor can it stop the collection efforts of creditors who do not want to be part of the agreement.

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Receiving credit counselling

It’s stressful and overwhelming to carry large amounts of debt. Are you struggling to break the debt cycle? We can help you develop a better relationship with money.

What type of debt can we help with?

Student Loans

Credit Card Debt

Payday Loans

Mortgage/Car Loans

Line of Credit

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We are here whenever you’re ready.

Since 1998, we’ve helped thousands of people find debt relief in Canada. We can help you, too. 

We will meet with you to discuss your debt-relief options, help you choose the right one, and then work with you to get you on the path to building wealth.

Getting into debt is easy. Getting out is a different story.

But it's still possible!

Did you know there is a Debt Program federally regulated by the Canadian Government, designed to help citizens avoid claiming bankruptcy? This amazing program can only be administered by a Licensed Insolvency Trustee (LIT).

If you’re struggling to make your payments every month and creditors won’t stop calling, we can help.

What our clients are saying.

Based on 751 reviews
I made a review in 2017 i will again make a review now 2022. Thank you Jackie for everything that you do for me. Forever thankful. I have paid everything already. On one spring day back in 2017 i was in a lot of stress, dealing with phone calls from the bank. A friend of mine told me to go to David Sklar’s office (its close to my apartment) as she is also paying hers( in another firm). So i did and i was glad i did. Thank you and God speed!
22:49 08/13/22
(From K.M)After a great deal of thought, that actually went on far too long and only created more hardship, I finally called David Sklar and Associates. They immediately set up a mutual time for an in person appointment. I had the greatest fortune to meet with Jerry Janiec!From the moment I met Jerry, I felt at ease and the weight I had been bearing began to lift.Jerry is very personable with a happy, kind, patient and gentle nature. He is very knowledgeable and extremely thorough in all of the information and options that were presented. Jerry was very supportive in the option I chose.I read other reviews on David Sklar and Associates and I whole heartedly agree. If you are struggling and it seems never ending, make the call to these people. I should have much, much sooner.Thank you so very much Jerry Janiec. You truly are a blessing.Sincerely, Karen M.
16:08 08/08/22
Great job. Bibi , marvel and many associated help us to serve the problem . Appreciate to your team David sklar .
15:26 08/05/22
Cori was kind and helpful, anyone interested in learning more about debt options would be fortunate to hear her insights and experience on the subject
13:55 07/26/22
Cori has been a great help in relieving stress caused by debt in my life, she has excellent knowledge in her line of work. Cori has a lot of patience and takes her time with her clients to make sure they understand. It has been a great pleasure working with Cori.
18:15 07/20/22
The service excellence I received was amazing. The staff at friendly and considerate and show empathy when dealing with such a difficult choice.
19:52 07/19/22
Caner uzun.. this place is full of professional lawyers all my debt problems are gone all I had to do is make an appointment go see them boom its that easy thank you all for your help
17:19 07/18/22
My mother introduced me to the company and I signed up and I spoke to Christine Sylver ... Let me tell you .... Christine Sylver is the best licensed debt counselor ever. She helped me from when we starting talking up until now and she's a great individual. I would recommend her and this company to anybody. I can't wait to have me debt cleared and start my life again.
20:21 07/06/22
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We are David Sklar

Our 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.

It’s going to be okay.
Book your free consultation today. We’ll do the rest.