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The 6 Best Licensed Insolvency Trustees In Mississauga [2023]

Home » The 6 Best Licensed Insolvency Trustees In Mississauga [2023]

Embarking on a journey towards financial stability and debt relief in Mississauga? Look no further! In our comprehensive guide for 2023, we’ve meticulously researched and curated a list of the top 6 Licensed Insolvency Trustees in Mississauga. These dedicated professionals are your trusted partners on the path to financial recovery, offering expert advice and tailored solutions to help you regain control of your financial future. Let’s dive into the best Mississauga has to offer in the realm of insolvency trustees

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Summary

How do I choose a licensed insolvency trustee in Mississauga?
The Best Licensed Insolvency Trustees In Mississauga
1) FARBER Debt Solutions
2) David Sklar & Associates Inc.
3) SPERGEL – Consumer Proposal & Licensed Insolvency Trustees
4) Hoyes, Michalos & Associates
5) MNP Debt
6) Richard Killen & Associates Ltd
FAQs About Licensed Insolvency Trustees
Conclusion

How do I choose a licensed insolvency trustee in Mississauga?

Choosing a Licensed Insolvency Trustee (LIT) in Mississauga, or anywhere in Canada, is an important decision when you are facing financial difficulties. Here are some steps to help you choose the right LIT:

Verify Their Credentials: Ensure that the individual or firm you are considering is a licensed and regulated LIT in Canada. You can verify their credentials on the website of the Office of the Superintendent of Bankruptcy Canada (OSB).
Check Experience: Look for an LIT with experience in handling cases similar to yours. Different LITs may specialize in various aspects of insolvency, such as consumer proposals, bankruptcies, or corporate insolvencies. Choose one with expertise that aligns with your needs.
Ask for Recommendations: Seek recommendations from friends, family members, or colleagues who may have gone through a similar situation or consult with your financial advisor for referrals.
Consult for a Free Initial Assessment: Many LITs offer free initial consultations. This meeting allows you to discuss your financial situation and get a sense of their approach and whether you feel comfortable working with them.
Inquire About Fees: Discuss the fees associated with their services upfront. LITs are regulated in terms of the fees they can charge, but it’s essential to have a clear understanding of the costs involved.

Remember that consulting with an LIT is a significant step in addressing your financial challenges, so take your time to make an informed decision. The right LIT can guide you through the process and help you make the best decisions for your financial future.

The Best Bankruptcy Lawyers In Mississauga

1) FARBER Debt Solutions

With over a decade of experience in the industry, their track record speaks volumes about their expertise and commitment to helping people overcome debt-related challenges. When you approach FARBER Debt Solutions, you’ll find a team of professionals ready to provide you with a free and no-obligation consultation.

Once you decide to engage their services, you’ll have a dedicated partner by your side throughout your journey to financial recovery. From the initial consultation through your final debt payment and even beyond, FARBER is there to support you.

Business Information:

www.afarber.com/
+18884916326
90 Burnhamthorpe Rd W #1400, Mississauga, ON L5B 3C3

Customer Review:

“Highly recommend this Acupuncture clinic! Excellent acupuncture with cupping/heat applied for gluteal muscle knots & soreness within several sessions! I was very stiff and in pain and my problem was solved so quickly together with maintenance suggestions. The staff are very courteous, thorough and knowledgeable.”

- Megan Robertson

“After trying many remedies to get pregnant we decided to go to Acupuncture Shiatsu Clinic. We followed everything that was suggested and went for a regular acupuncture procedure. Only after couple of months of treatment we are now expecting. We are very grateful for walking us through this journey. I would highly recommend this clinic to anyone who needs help with fertility. Thank you very much.”

- Neha Gulabdas

2) David Sklar & Associates Inc.

David Sklar & Associates Inc. is a trusted consumer bankruptcy trustee in Mississauga, Ontario that can help you avoid personal bankruptcy with a consumer proposal. The law firm provides debt relief services to individuals and families in need. The company offers a variety of Debt Consolidation programs, which can help struggling borrowers get back on their feet by consolidating their debts into one manageable payment.

In addition, the company offers credit counseling services that can help consumers rebuild their credit history and improve their chances of securing future loans. David Sklar & Associates Inc.’s experienced staff is available 24/7 to answer any questions you may have about debt relief options or Credit Counseling services. They have years of experience helping people get back on their feet after declaring Chapter 7 or 13 bankruptcy and can provide expert guidance during this difficult time.

Business Information:

davidsklar.com
+19055667905
130 Dundas St E #306, Mississauga, ON L5A 3V8, Canada

Customer Review:

- Megan Robertson

- Neha Gulabdas

3) SPERGEL - Consumer Proposal & Licensed Insolvency Trustees

If you’re in need of debt help or bankruptcy in Mississauga, Ontario, Spergel can help. For years, their experienced team at the Mississauga office has been helping hard working Canadians gain debt relief.

From their Spergel office located in Mississauga, they can show you how good it feels to be debt free by reviewing your situation and proposing a plan. They offer Debt Help services that include consumer proposals (e.g., Chapter 7 Bankruptcy), bankruptcy (e.g., Relief from Debts Act [RDA] filings), credit counseling, debt consolidation, and debt settlement.

Business Information:

spergel.ca
hello@spergel.ca
+19056024143
10 Kingsbridge Garden Cir #707, Mississauga, ON L5R 3K6, Canada

Customer Review:

“I experienced severe upper right shoulder and back pain from some sports activities. The pain would not go away and injury did not improve until I visited Nick to whom I was referred to by my chiropractor who also helped rescue the pain. I found Nick to be very professional and informative and after five treatments of acupuncture, cupping, and massage, I am virtually pain free. Now, I am ready for rehab and strengthening to get ready for golf and normal activities. Thanks to Nick and for supplementing the chiropractor I am so much better and very thankful to him.”

- Craig Rothwell

“The treatment provided by this clinic helped me through my conventional cancer treatment. It helped me a lot with pain management and all the side effects of chemotherapy including nausea, anxiety, lack of sleep, immune system support, etc. Nick is extremely professional and knows what he is doing. I am extremely thankful and highly recommend him! My husband had a serious back muscle spasm as well, which was very painful and after only 2 sessions the pain went away completely.”

- Soraya Baez

4) Hoyes, Michalos & Associates

Hoyes, Michalos & Associates Inc. was founded in 1999 by Douglas Hoyes and Ted Michalos for one simple reason: to give you a fresh start. For over 20 years they’ve focused solely on helping individuals find debt relief. During that time they’ve helped more than 60,000 residents of Ontario get out of debt using their special Debt Relief Program.

Their program is designed specifically to help people who are struggling with high levels of credit card or other types of debts. These pros provide support through individualized counseling and financial planning services, which allow their clients to take control of their lives and move forward from their past struggles.

Business Information:

hoyes.com/ontario-offices/mississauga/
+19058483649
33 City Centre Dr Suite 670, Mississauga, ON L5B 2N5, Canada

Customer Review:

“Coming across Dr. Lei Cao has been one of the biggest blessings for me and my family. Her herbs and acupuncture treatment have helped in treating abdominal pain which could not be diagnosed by western doctors for 4 years. She is extremely patient, kind and an experienced doctor. If you follow through with the treatment plan, you will definitely see results.”

- Fatima Alvi

“Lei Cao clinic has the most convenient hours of operation! Lei Cao clinic is open late, even on weekends which is great for people with very busy schedules or for emergencies! Also, her prices are great for the services provided”

- Alex Navarro

5) MNP Debt

For over 25 years, Richard Killen & Associates Ltd. has been a trusted firm led by Richard Killen, a seasoned Bankruptcy Trustee with 30+ years of experience. They offer personalized financial solutions, including insolvency consultation, debt consolidation, consumer proposals, bankruptcy guidance, and credit counseling.

Their team’s expertise and dedication ensure you receive the tailored guidance you need to achieve long-term financial success and peace of mind.Contact them for a free consultation to start your journey towards financial stability!

Business Information:

mnpdebt.ca/en/offices/mississauga-square-one-mall
+19059494555
50 Burnhamthorpe Rd W #900, Mississauga, ON L5B 3C2, Canada

Customer Review:

“I was very skeptical about trying acupuncture for the pain that I was feeling in my knees and lower back. My wife has been seeing Jinna for years and it took her a while to convince me to call and book an appointment. I'm so glad I did. The pain in my knees and lower back diminished after several treatments. I felt that I was being heard and that the treatment was based on my needs. I give this centre 5 stars because they know their stuff and they truly care for their patients.”

- Claudio F.

“Jinna is fantastic - I had never had acupuncture treatment before and she took the time to explain what would happen and how I would feel afterwards. She spent the first part of the appointment doing a full assessment and listening to what areas were bothering me, and she was able to pinpoint other side effects I had been experiencing with amazing accuracy. Throughout the treatment itself she explained what she was doing and I felt an immediate difference afterwards. I have since been back three times and absolutely recommend a visit!”

- Jack Neal

6) Richard Killen & Associates Ltd

For over 25 years, Richard Killen & Associates Ltd. has been a trusted firm, offering expert assistance to individuals dealing with financial challenges. Led by Richard Killen, a seasoned Bankruptcy Trustee with over 30 years of experience, the firm provides personalized solutions for financial stability.

Comprehensive services cover insolvency consultation and resolution, tailored to individual circumstances and offered virtually or in-person. From debt consolidation and consumer proposals to bankruptcy guidance and credit counseling, clients can rely on the firm’s expertise for a path towards long-term financial success.

Contact Richard Killen & Associates Ltd. for a free consultation and take the first step towards a brighter financial future.

Business Information:

rkillen.ca
+19058221151
2155 Leanne Blvd, Unit #206A, Mississauga, ON L5K 2L6

Customer Review:

“I'm looking forward to work with this team in the long run. Their advice once again saved us time and money. Very professional and knowledgeable and I always feel as though they genuinely care about their clients.”

“....Thank you for helping me through a difficult time. You allowed me to feel like a contributing member of society even though I was bankrupt…. And because of that I have a new car and a loan, more importantly one that I have the financial means and know how to pay off…. I now know how to better manage my money to do and afford the things that I want.”

FAQs About Licensed Insolvency Trustees

What is the punishment for insolvency?

There is no specific punishment for insolvency, but depending on the situation it can lead to a number of consequences including financial ruin, loss of assets and even imprisonment. It’s always important to speak with an attorney if you think you may be facing any legal fallout from your business’ insolvency.

What is a Licensed Insolvency Trustee?

A licensed insolvency trustee (LIT) performs certain functions on behalf of creditors in order to facilitate the orderly administration and liquidation of an enterprise or company in accordance with bankruptcy law. LITs are individuals who have been appointed by the court, usually when there is no other qualified person available, and they may be either professionals such as lawyers or accountants, or lay people.

Why do I need an LIT?

An LIT can provide important benefits for creditors including: expediting the process of collecting debts; protecting assets from being sold at auction without first giving notice to debtors; ensuring that distributions made to secured lenders are paid before any distribution goes to unsecured lenders; coordinating administration between different departments within a business organization (such as marketing, finance and human resources); acting as liaison between employees and management during creditor negotiations; providing guidance throughout proceedings regarding employee entitlements under employment contracts, etc.

I am considering appointing a licensed insolvency trustee. What are some things I should consider?

Some things you may want to consider include: whether or not the individual is qualified and registered with the relevant professional body, their experience in dealing with bankruptcy and insolvency matters, how they would be paid for their services, any contractual arrangements in place and potential conflicts of interest.

Conclusion

Hiring a knowledgeable licensed insolvency trustee in Mississauga is the best way to ensure that your insolvency case is handled properly. With years of experience and knowledge, these professionals can help you make the right decisions for your financial future.

If you’re considering filing for bankruptcy or another form of debt relief, be sure to contact a trustee in Mississauga today to learn more about what they can do for you!