Bankruptcy Trustee & Consumer Proposals
In Brampton, Ontario

Find debt relief in Brampton at David Sklar & Associates

Debt Relief – Brampton, Ontario

You’ve found yourself in debt. We can show you the way out!

Our team of Licensed Insolvency Trustees in Brampton can help you avoid personal bankruptcy with a consumer proposal. The sooner you reach out to us, the sooner you will regain control of your finances and free yourself from all that financial stress you’re living with. 

You may be in a difficult position where creditors are calling and harassing you or maybe you’re transferring money from one creditor to another to cover your minimum payments.

Luckily, you’re in the right place for debt relief in Brampton. Let’s get started. We can help!

Start the conversation.

gurvinder chadha licensed debt counsellor david sklar

For debt relief in Brampton, meet Gurvinder Chadha , Licensed Debt Counsellor

As a Certified Insolvency Counsellor, with over 25 years of experience in the Insolvency Industry, Gurvinder has worked all over the world helping people resolve their financial challenges.  Gurvinder spent many years in Australia, focusing on corporate receivership, bankruptcy and consumer proposals before immigrating to Canada. Gurvinder is currently managing our Brampton location, working with clients to find the right debt solution with compassion and understanding.

Based on 761 reviews
I am so grateful to Jackie Stanley with David Sklar & Associates.She has listened and worked with me to come to a reasonable solution.Jackie has provided so much information, walking me through everything. I couldn’t ask for a more patient, kind and understanding person to help me.I look forward to working with her through my time with David Sklar & Associates.
16:26 09/26/22
I had a great experience. Christine and David made me feel well taken care of and at ease with the whole process!
17:03 09/23/22
Jackie Stanley is an extremely personable, friendly and professional representative with David Sklar & Associates. Her customer service skills are exemplary and her knowledge with regards to my situation and helping me with getting my life back on track was just amazing. She was very understanding of my issues, and took her time to make sure that I understood everything. At the end of my meeting with her I left feeling emotional but relieved to know now that my life can finally move forward. Jackie, you have been a great asset in my life and I will never forget your kindness. Mr. Sklar I would just like to say that you have a 5 Star representative in your associate Jackie Stanley.Respectfully, Bob
12:29 09/23/22
I was in so much stress and in a lot of debt Jackie Stanley was extremely and professional help to get out of my debt I recommend in reaching out to her you won't regretted. Thank you to Jackie and to the whole team David Sklar & Associates Inc.
02:22 09/23/22
Jackie, has been amazing in this very life altering time, she’s been prompt and exceptional at bringing understanding of the process, it’s been a great transition the whole crew is to thank.
00:59 09/23/22
It's my first experience with David sklar and I my say a big thanks to u guys for ur good work and I recommend David sklar to everyone and I can't forget a big thanks to Jackie Stanley am so happy
00:24 09/23/22
Christine was a great help, very personable and knowledgeable. She listens to you and puts you at ease with your situation. Very much appreciated assistance.
20:36 09/12/22
I had the opportunity to become a client of David Sklar & Associates. Christine Sylver had assisted in helping me understand and get through the process quick and efficiently. She was very sweet and very accommodating! She made me feel very comfortable to ask any questions and went above and beyond. I would 100% recommend this wonderful team.
22:19 09/09/22
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Find out how much you can save with our Consumer Proposal Debt Calculator

Use the slider below to tell us how much you owe and we will show you how much you can save!

*Do Not Include Mortgage or Car Loan Debt.

$10,000 $250,000

With a consumer proposal at 0% interest, you will only have to pay back:

$3,480/$58 per month

*This calculator is for demonstration purposes only. Your results may vary based on your unique financial situation.

Our customers

We take great pride in what we do. Hearing our customers talk about how we’ve made a difference in their lives is our greatest reward.

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How we can help with debt in Brampton?

Consumer Proposal is a legally binding agreement offered by the federal government that significantly reduces the amount of debt you owe to your creditors. A consumer proposal is a popular alternative to bankruptcy as it consolidates and reduces the total amount of debt you owe, stops accumulating interest charges, stops wage garnishment, stops legal action, provides relief from collection calls and allows you to keep your assets. 

At David Sklar & Associates we will help you every step of the way through the proposal process to present the best offer possible to your creditors. After your proposal is accepted by your creditors you will be asked to make monthly payments for up to 5 years, that are based on your income, expenses, assets and what you can afford to pay. The proposal is a fair solution for everyone involved. Speak to our Licensed Insolvency Trustee first to understand all of your options.

Learn more about Consumer Proposals

We understand that most of the people we help never imagined they would find themselves in such a difficult financial crisis. Most of the people we work with tend to be hard-working, honest people who, often for reasons beyond their control, are simply not able to pay back their debts.

Before we recommend personal bankruptcy, we work closely with you to see if any other debt repayment options can be used as an alternative, like a Consumer Proposal. Only when we are satisfied that personal bankruptcy is in your best interest, do we recommend this process. Speak to our Licensed Insolvency Trustee first to understand all of your options.

Learn more about Personal Bankruptcy

We’ve all seen the ads claiming how a debt consolidation loans can get you out of financial trouble and reduce your monthly payments. Yet, you should know there can be significant risks with this approach.

If you have missed even one payment or received a collection call, it may be too late to qualify for a bank loan. To get a debt consolidation loan from a bank, you will need a spotless credit history, steady income, equity in your home or a co-signer.

If you use the equity in your home and are unable to make the payments, you could lose your home. Frequently, people who take out debt consolidation loans don’t know about the hidden high interest fees and find themselves in even more debt than before.

Speak to our Licensed Insolvency Trustee first to understand all of your options.

Learn more about Debt Consolidation

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. 

Our team of Licensed Insolvency Trustees has been providing credit counselling in Ontario since 1997. 

Learn more about Credit Counselling.

At David Sklar, we have Licensed Insolvency Trustees who have years of experience providing debt relief services to Ontario residents looking for a fresh financial start. Specializing in consumer proposal, bankruptcy, and credit counseling, our trustees will explain all your options and customize a debt recovery plan that’s manageable for your unique situation. Many of our clients are surprised to learn there are more options than bankruptcy or debt consolidation! Our experienced team of non-judgmental, knowledgeable, and caring individuals all have one goal—to help you regain control of your finances. Schedule a confidential appointment today. You deserve a fresh start.

Managing your student loan debt is important. If you decide to declare bankruptcy seven/or more years after you have ceased to be a student (part/full), your student loans will be eligible for discharge.

Speak to our Licensed insolvency Trustee to review your current financial situation they will provide you will all the options available to help get you out of debt.

Learn more about Student Loan Debt

Many people in Ontario have way too much credit card debt and find it difficult to manage even minimum payments. We can help you consolidate all your credit card debt, eliminate interest charges and reduce the total by up to 80%. 

It’s not a loan, it’s a government-approved settlement plan that gives you a maximum of 5 years to complete your payments to creditors.

Learn more about Credit Card Debt

Income Tax debt can be a difficult challenge to overcome. Our Licensed Insolvency Trustee’s help people who are overwhelmed by their debt load and have fallen behind filing their Income Tax. We can help negotiate with Revenue Canada to accept a reduced amount on your outstanding taxes and put a stop to the interest charges and penalties.

During your free consultation we will discuss all your options and help you prepare the required documentation. This will include getting your Income Tax reporting up to date. We will then speak to CRA on your behalf and request a reduction to your unpaid taxes.

The results of filing vary from situation to situation, but our experience has been that Revenue Canada is reasonable in its handling of people looking to resolve their debts and not avoid financial responsibilities.

Learn more about Income Tax Debt

Payday loans are short-term loans that are not borrowed from banks. Instead, they are borrowed from private companies.

What makes payday loans so attractive to someone struggling to make ends meet is that they’re very easy to get. However, they can become a debt trap, since they are exempt from the 60% interest rate limitation. Therefore, the annual interest rate on a payday loan is close to 400% or higher if you miss payments.

We can help you determine the best option for you to help you out of the payday loan debt trap.

Learn more about Payday Loan Debt

Your mortgage and car debt are both examples of secured debt. This means that when you borrowed money to pay for your house or your car, the bank loaned you the money because they could easily take the asset back if you can’t make your payments.

Is a consumer proposal right for you?

Consumer proposals are interest-free, so you may find it more manageable to cover your mortgage and car payments that way. Consumer proposals will not allow you to include secured debt (like your mortgage or car loans), but you will be able to reduce other forms of debt by up to 80%.

Learn more about Mortgage/Car LoanDebt

When you need or want an expensive item and interest rates are low, it’s hard to resist the temptation to take out a line of credit rather than waiting until you have enough saved up to make the purchase yourself. This cycle of borrowing instead of saving is very easy to fall into.

Do you have a line of credit, overdraft protection, or other personal loans that you’re trying to pay off? You may be struggling to come up with the payments. When you’re also paying for housing expenses, food, and clothing, those debts can quickly get way over your head.

(And we have all been there so we say this with no judgement!)

Learn more about Loans/Line of Credit Debt

We help folks from all walks of life with debt and we can help you, too.

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Helping with compassion

We are a team of Licensed Insolvency Trustees (LIT) which means we can help you out of whatever financial difficulty you’ve found yourself in and we’ll do so with compassion. 

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No cost to you

We are federally regulated and it doesn’t cost you anything to meet with us to learn about the different debt options available to you. Not all debt solution providers can provide you with the knowledge or legal protection a Licensed Insolvency Trustee can. We do not work on commission and we will never ask you for any upfront fees.

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With you every step

This can be a very stressful and overwhelming time. You might even have trouble sleeping. But rest assured that no matter how worried you are about your financial situation, we can help. We will clearly explain your options and help you start building a brighter financial future for yourself and your family.

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Certified licensed professionals

Licensed Insolvency Trustees are not just federally licensed. They are federally regulated, too by the Office of the Superintendent of Bankruptcy (OSB) to ensure that they’re upholding the high standards of the job and not violating a strict code of ethics. These rules are in place to guarantee Canadians the support that they need when they’re at their most vulnerable.

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.