Toronto, Ontario

Debt Relief – Toronto, Ontario (St. Clair & Bathurst)

Our supportive and caring Licensed Insolvency Trustees in Toronto can help you regain control of your finances by providing solutions to significantly reduce your debt, giving you the tools to rebuild a better, more financially secure life.

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towards a Debt Free Life

Cori Naron, Debt Solutions Manager - Toronto
(St. Clair & Bathurst)

As a Certified Insolvency Counsellor, an Immigrant to Canada, and someone who has successfully built her own life on her own terms, Cori applies her knowledge, natural empathy, and strong listening skills to the benefit of her clients. Active in a number of community organizations, she believes in people and treats everyone with dignity and respect. Cori shows her clients that getting their finances in order is the first step towards a better life.

Start with a free consultation where Cori will provide you with a confidential assessment of your finances. Cori will help you find the best solution for your specific financial needs and take the time to explain every step of the process, ensuring you will feel confident about your decision. We are not here to judge you we are here to help you rebuild your finances and start living the life you deserve.

Richard Sklar, BA, CIRP, LIT

Your Licensed Insolvency Trustee in Toronto, Ontario

As a Chartered Insolvency Restructuring Professional and Licensed Insolvency Trustee, Richard has years of experience providing debt relief services to Ontario residents looking for a fresh financial start. Specializing in consumer proposal, bankruptcy, and credit counseling, Richard 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.

How Can a Licensed Insolvency Trustee Help You?

licensed insolvency trustee, formerly known as a bankruptcy trustee, is a professional that helps individuals and corporations dealing with insolvency (the inability to repay debts). A trustee can do everything from providing practical financial advice and budgeting tips to guiding individuals through the steps of filing for a consumer proposal or a bankruptcy.

Giani Kokolakis
18:45 25 Oct 21
I filed a proposal with another group, which came in as a referral from one of my brokers. My experience went from ok to bad to worse, due to lack of communication and education on the process I was to embark on. I worked with Cori Naron in the past, and I came to her now for help on literally doing the work that the other group should have done. Cori stepped in, educated me, advised on rights, responsibilities, how the process works and what potential outcomes may happen. I do not have enough words of recognition and gratitude for what she did - she alleviated stress, anxiety, dead-end thoughts and she made me live again. Congrats to DSklar for hiring her and retaining such talent.
23:00 06 May 21
I would say my experience with David Sklar was spectacular, they made it really easy for my through the whole process and now 9 months later my bankruptcy is discharged.i would recommend David Sklar to anyone.
Desiree Balkaran
17:09 07 Feb 21
I have dealt with this company before many years ago when I did my bankruptcy , and found to be very trustworthy, professional, and right at ease. No judgement, very understanding and very supportive. So of course would come to then again when this time did the debt consolidation. The staff is friendly and goes over all the details with you and answers all your questions so you know exactly what to expect and make an informative decisison. I aslo like how if I had any questions could leave a message or email the company and how promptly they answer me back. Thank you David Sklar & Associates for getting me back on the right track and living a life of debt free again. I have my freedom back thank you for all your help and support. Amen 🙏
Maria G.
19:07 03 Jan 21
Cori, she’s very helpful and patient. She treated me with respect. She took so much time to explain to me what’s the best way to resolve my financial problem and teach me how i can save to avoid thesame problem again. Cori thank you so much.
charmedsaint charmedsaint
18:02 27 Oct 20
Davidsklar helped me to get back on my feet and put me back on the right direction. I would like to personally thank CORI NARON for helping me understand and manage my debt. Her work ethics is outstanding. . Now I’m DEBT FREE!!! Highly recommended.
Jan Aylsworth
13:58 07 Oct 20
It was 5 years ago I had an appointment with Cori Naron who changed my life for the absolute better. Her personality is outstanding. She took so much time to explain what I needed to do to better my situation. Now 5 years later I'm one payment away from being debt free. I couldn't be more grateful to Cori for her help. Thanks Cori for everything!
19:57 22 Sep 20
Hi I would like to share my experience about David Sklar & associates mostly there staff are very responsive and very efficient to help there client.they are very professional to act and to deal with problems you brought to them. They solve problems with good quality and good value.
Melanie Santos
16:38 16 Sep 20
Cori was extremely diligent, professional and helpful. Consolidating my debt was the best decision. I would recommend David Sklar & Associates Inc 10/10.
16:42 14 Sep 20
Before contacting David Sklar & Associates I was very nervous about what was going to happen to me and my lifestyle. I spoke with Cori and she walked me through my options and made sure all of the details were very clear and with no pressure added. A couple of weeks later I decided to go ahead with the proposal and since then I have felt very relieved. I am starting to rebuild and save some money for the first time in years. I would suggest this firm to anyone who needs debt consolidation.
20:21 10 Sep 20
I’ve recently had the pleasure of working with Cori towards a debt free lifestyle and let me tell you now, you cannot choose a better person to help you! No matter what your situation or how it happened Cori is non judgemental and will go above and beyond. She is very helpful and extremely knowledgeable. I feel like I have been given me a fresh start and a huge weight has been lifted. Highly recommend Cori at David Sklar & associates!
20:20 30 Aug 20
I highly recommend David Sklar and Associates. My associate Cori was absolutely wonderful. She was very responsive, knowledgeable, and supportive throughout the entire bankruptcy process. Thank you for the wonderful service.
Davy Palumbo
07:48 31 Jul 20
David Sklar & Associates helped me get my finances back on track after falling into major debt. They are very helpful and will give you advice to stay on track. Cori took personal interest in making sure I knew all my options and make the right choices for me and my own situation. Highly recommend!
Christopher Cramer
13:20 22 Jul 20
Cori Naron is such a fantastic resource. She is compassionate, a thoughtful listener, and wholly encouraging. I found myself in a terrible financial circumstance due to a relationship breakdown. I was overwhelmed with debt, and had no idea where to go. From my first visit with Cori, she explained everything simply and walked me through every step of the process with ease. My debt was reduced immensely, and six months later I'm now in the best financial position I've ever been in. I cannot recommend her enough. 🙂
Riddlah One
14:26 21 Jul 20
Cori was fantastic! She truly saved me as i was drowning in debt. If you have debt, you found the right place. Easy and Transparent process. No scams or bs.
Kyla Turner
14:03 02 Jul 20
Cori was very genuine, kind and real. I was never shamed or made to feel bad for the predicament I was in. Cori was helpful in explaining my options and what each meant in the long run. Cori was the third person I had spoke to about this. The first interviewed me over the phone and proceeded to make me feel like a number and worse Like I was inconveniencing her. The second I went to visit in a dirty office with that had a desk littered with other people’s personal information, he even showed me someone else’s 407 bill in a “look at this one” way. And then worse he shamed me about my debt, leaning back in his chair his arms clamped behind his head looking down his nose at me. So I had almost given up, was feeling deflated and then I took one final chance to meet Cori. Right off the bat she stayed late to accommodate my work schedule and immediately put me at ease and made me feel like she was there to help and be apart of my team. It’s been a year. I have a savings account. My bills are paid monthly. I made a large purchase with cash - not credit. Paid for a trip - with cash and not credit. It feels amazing to be in control of my financial health. Thanks Cori.
Lorybelle Marquez
04:04 29 Jun 20
We highly recommend Cori Naron for helping families struggling debts like us.! Cori was very professional and caring.She treats her clients extra ordinary with compassion and humility...We would recommend this company who is struggling with debt to reach out.
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Consumer Proposal - Toronto

A 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 in Toronto first to understand all of your options.

Personal Bankruptcy – Toronto

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 in Toronto first to understand all of your options.

Debt Consolidation – Toronto

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 in Toronto first to understand all of your options.

Income Tax Debt

Income Tax debt can be a difficult challenge to overcome. Our Licensed Insolvency Trustee’s in Toronto 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.

Student Loan Debt

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 in Toronto to review your current financial situation they will provide you will all the options available to help get you out of debt.

Our Clients Say It Best

We take pride in what we do and hearing how we’ve made a positive change in our customer’s lives is the greatest reward we can receive.

We are here for you when you’re ready to Live Your Best Life Debt Free!

Toronto Location