Loans/Line of Credit Debt

david sklar debt relief line of credit couple with bills

Are your loan payments and line of credit debts too high?

We’re only human. When interest rates are low and there’s a high ticket item you want to buy, it’s hard to resist the temptation to just take out a loan or line of credit instead of waiting until you have enough saved.

The cycle of borrowing money instead of saving money is incredibly easy to fall into. 

But when the time comes to make those payments, you might be feeling less satisfied with your decision. 

In over your head?

If you have a line of credit, overdraft protection, or other personal loans that you’re trying to pay off, it might be challenging to come up with the payments. When you’re also paying for housing expenses, food, clothing, etcetera, those debts can quickly get way over your head. (And we have all been there so we say this with no judgement!)

david sklar debt relief line of credit couple with bills
david sklar debt relief icon line of credit

Try to avoid getting new debt to pay off old debt.

If you continue to borrow from Peter to pay Paul, you will be in debt forever! 

Instead of applying for a debt consolidation loan to take care of those debt payments, consider a debt relief or forgiveness option instead. 

There are a number of ways you can free yourself from those costly debts without adding more debt to do it. Two of those options include filing a consumer proposal or declaring personal bankruptcy.

Use our debt consolidation calculator to weigh your options and then book a call with us! We can explain everything in more detail so that you make the most informed decision possible. We’re here to help!

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
Next Reviewsjs_loader
DS david skalr icon

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.