Debt Relief in Toronto - Danforth: Licensed Insolvency Trustees
Spergel is one of the most reputable and experienced firms of Licensed Insolvency Trustees in Toronto. For over thirty years, we have been helping individuals find debt relief in Toronto - Danforth. Whether you are best suited to debt consolidation, a consumer proposal or bankruptcy, we can help you gain financial freedom.Book an appointment Request a call
Visit us in Toronto - Danforth and learn more about our debt-free solutions
Our Toronto - Danforth location is one of the oldest Spergel offices, founded in 1990 by Alan Spergel himself. This office offers a relaxed setting, almost as if you are visiting us in our home. Our warm and inviting office atmosphere means that every client who walks through our door knows we are here to support them. For more information about how Graeme our Licensed Insolvency Trustees in Toronto can help, contact our office.
Graeme has been helping individuals, households, and businesses gain debt relief in Toronto for over ten years. He is passionate about helping people, and has worked with hundreds of Toronto residents in need of financial recovery to gain debt relief. Before working as a Licensed Insolvency Trustee, Graeme lived in Cambodia doing volunteer work with NGOs.
Learn more about debt relief in Toronto - Danforth
If you are struggling with overwhelming debt, it is time to speak to Spergel. In a high cost city like Toronto, it is easy to find yourself in debt and you are not alone. Rising debt is due to the financial pressures of the Greater Toronto area, including high house prices, costly rent, and an expensive cost of living. This in turn can lead to borrowing and escalating debt. Our Toronto – Danforth office is a warm and inviting setting to visit, and was founded as one of the original Spergel locations back in 1990. Together, we can work to reduce your debt by up to 80%. Our Licensed Insolvency Trustee in Toronto, Graeme, will support you no matter what debt relief you require.
Consumer Proposals in Toronto - Danforth
If you need debt relief in Toronto – Danforth, bankruptcy is not your only option. Many of our clients instead opt for a consumer proposal in Toronto as an alternative to bankruptcy. A consumer proposal is a form of debt consolidation whereby a Licensed Insolvency Trustee negotiates a reduction in your unsecured debt with your creditors by up to 80%. Consumer proposals enable you to keep your assets, and you only need to pay one manageable monthly payment. It also means any interest payments are cleared and a stay of proceedings is generated, meaning creditors can no longer contact you. At Spergel, we have a 99% acceptance rate for the consumer proposals we file. You’ll also receive your own Licensed Insolvency Trustee to walk you through each step of the consumer proposal process.
Bankruptcy in Toronto - Danforth
If you need a bankruptcy trustee in Toronto – Danforth, the team at Spergel have been helping clients file bankruptcy for over thirty years. Bankruptcy is the process of assigning any non-exempt assets to a Licensed Insolvency Trustee in exchange for the clearance of any outstanding unsecured debts you may have. At Spergel, you will be assigned your own Licensed Insolvency Trustee to walk you through each step of filing bankruptcy. We will help you to determine if bankruptcy in Toronto is the best pathway for your financial circumstances. Everyone’s situation is unique, so it is best to speak to a bankruptcy trustee in Toronto to see how much you could save, or if a bankruptcy alternative is better for you.
Debt Consolidation in Toronto - Danforth
There are several forms of debt consolidation in Toronto, and it can be difficult to know where to start. These range from debt management plans that may offer interest relief, to debt consolidation loans that condense multiple unsecured debts into one for a single manageable monthly payment. Spergel’s knowledgeable Licensed Insolvency Trustees will help you to review your debt consolidation options, and consider the risks of each debt solution. It may be that taking on a second mortgage makes sense for you to make repayments, or that a consumer proposal is a suitable form of debt relief for you.
Tax Debt Relief in Toronto - Danforth
It is relatively common for Canadians to encounter tax debt in Toronto. Tax debt is often one of the most stressful forms of debt given the power of the Canadian Revenue Agency, but it is important to know that you can gain tax debt relief. It is best to tackle tax debt immediately in order to avoid further issues with the CRA, and this is where Spergel can help. Our Licensed Insolvency Trustees in Toronto will help you to gain tax debt relief, no matter what your financial circumstances. We will stop tax penalties and interest, and help to reduce your overall tax debt without the consequences.
Wage Garnishment in Toronto - Danforth
On top of the stresses of mounting debt, a wage garnishment in Toronto is likely the last thing you need. With a reduced income from your employer, we understand that it is only going to make your debt repayments more difficult. At Spergel, our experienced Licensed Insolvency Trustees can stop your wage garnishment in Toronto through a stay of proceedings. This is achieved by filing a consumer proposal or bankruptcy to prevent increasing interest and penalties on top of your debt. It is important to contact a Toronto bankruptcy trustee immediately to stop your wage garnishment and recover your income.
Credit Counselling in Toronto - Danforth
At Spergel, we offer credit counselling in Toronto both before and after filing for debt relief, be it a consumer proposal or bankruptcy. Our experienced Toronto Licensed Insolvency Trustees will work with you to create an affordable debt repayment plan. First of all, you will be assigned your own bankruptcy trustee to discuss your financial situation to review the best form of debt relief for you. Within credit counselling sessions, you will learn money management, how to budget, and how to rebuild your credit.
Why Choose Spergel For Debt Relief in Toronto - Danforth?
Spergel has one of the most experienced teams of Toronto Licensed insolvency Trustees. In fact, Licensed Insolvency Trustees are the only professionals in Canada legally able to file debt relief solutions including bankruptcy and consumer proposals. For over thirty years, we have been helping Canadians gain debt relief by working with creditors and preventing collection calls and wage garnishments. At Spergel, we have an A+ accreditation on the Better Business Bureau, and locations across Canada to give you a fresh financial start. Book a free consultation with one of our team to begin your journey to debt relief in Toronto.