At BDO Debt Solutions in Toronto, our team of debt experts, including Licensed Insolvency Trustees and debt counsellors, are ready to provide advice and support for credit counselling, budgeting, debt consolidation, debt management, debt settlement, consumer proposals and bankruptcy.
20 Wellington Street East
Phone: +1 416-865-0210
By appointment only
Evening appointments availableGet directions
2 Bloor Street West
Phone: +1 416-636-9955
By appointment onlyGet directions
Our clients say it best. Hear from people we've helped about their financial recovery journey and their experiences with BDO.
I greatly appreciate the service provided by the amazing staff during a very difficult time in my life. I would like to thank you for all the help and financial support over the last few years. You helped my wife and I tremendously to get our lives back in financial order.
Approaching debt is a stressful venture and for a first time debtor like myself it can be quite intimidating. I am so grateful and pleased that I contacted Micheal Comrie and his team at BDO. They made the process of handling my debt a far less stressful procedure, and they answered all my (many) questions along the way with quickness and friendliness. Joe Bette, the credit councillor, was very informative and friendly to deal with as well. I am so very impressed with the entire team at BDO and if you have any issue with debt at all, I highly recommend giving this team a call.
I originally spoke with BDO to see what my options were as at the time I lost about 40% of my income and still had a lot of outstanding debt. I was not delinquent at the time but without doing something quickly I would have been. My BDO Licensed Insolvency Trustee explained to me my options and within one week we filed a consumer proposal. At this point, I thought everything was too good to be true, but in fact I had all my unsecured debt reduced to 60 per cent of my original amount owing. And that's not even the best part. I now have five years interest free to pay it off with equal weekly payments! I would highly recommend anyone who is struggling with debt to not hesitate and call right away to discuss your options. There are options for everyone.
Being a very private person about my finances, I walked into BDO feeling anxious, scared and embarrassed. I was treated with the utmost respect and a sincere understanding of my financial situation without being judged. I got excellent advice for my current situation, ongoing assistance through the whole bankruptcy process and professional training and advice for a healthy financial recovery. Thanks to the BDO team, less than a year after filing bankruptcy I am in a great financial state, with good credit. Thank you BDO.
From consultation to resolution, my BDO Licensed Insolvency Trustee was supportive, informative and highly professional. I felt heard and understood with no judgment. Dealing with debt is very stressful. She helped me remain calm and guided me through the process while being available to answer all of my questions. To anyone struggling with debt, I would recommend reaching out to BDO. They will be there for you every step of the way.
My Licensed Insolvency Trustee and her team were compassionate and understanding of my situation and helped create a solution that worked for me. BDO as a whole offered great resources to understanding my options, and their national reach allowed me to connect with a local office after moving so I didn't have to travel hours for in-person meetings when needed. Overall I'm elated to have chosen to work with BDO.
Everything changed the day after I input my information into BDO’s confidential portal. I had no idea this help was available. That lack of knowledge and of course humiliation kept me suffering in the blackest of places. You do not need to be there. They can and will help. After consultations and advice, my garnishee and issues were very quickly dealt with by the kindest souls. Caring individuals that showed me there was light. Thank you is not enough for the opportunity they gave me to learn, and to rebuild myself. I am beyond grateful. Don't hide. Get the help these people are trained and happy to offer. Life can be better. Thank you BDO. You gave me something I haven't known in a while. Pride.
Ilan Kibel, one of our Licensed Insolvency Trustees, explains what a "bankruptcy trustee" does and how they can help.Click here to learn more
Debt can be overwhelming. We’re here to make sure you’re not alone on your journey to financial wellness. Our debt experts are ready to listen to your story and make sure you understand all the options available to you. If you decide a consumer proposal or bankruptcy is the right debt solution for you, they’ll guide you through the debt relief process, from start to finish.
“ I never lose. I either win or I learn. - Nelson Mandela
Licensed Insolvency Trusteeemail[email protected] Read Bio
Licensed Insolvency Trusteeemail[email protected]
Ilan Kibel is a Vice-President focusing on consumer, small business and corporate insolvency and restructuring. Ilan brings over 20 years of experience to a broad range of insolvency engagements for both individuals and corporations.
Ilan has a creative, respectful and cooperative approach. He takes great pride in his work, whether it is helping a family save their home while maximizing the recovery to creditors or restructuring and preserving a viable business for its owners, stakeholders and employees.
Ilan believes that the most rewarding part of his job is helping individuals reduce their debt stress and helping them realize that there are always options.
Ilan is married and a father of three children: twin sons and a daughter. He enjoys golf and taking on entry level woodworking projects around his house.
“ The same rules of life apply to all despite who or where you are from.
Senior Insolvency Administratoremail[email protected] Read Bio
Senior Insolvency Administratoremail[email protected]
Naraini has been helping individuals with insolvency solutions for over 20 years. She successfully completed the Canadian Association of Insolvency and Restructuring Professionals’ Insolvency Administrator’s Course and the Insolvency Counselling Course.
Naraini understands how difficult it is for people to come to terms with their financial struggles and to open up to a complete stranger. Her empathic approach and good listening skills, together with her knowledge and experience in the insolvency field has enabled her to make individuals feel calm and trusting that they have someone on their side.
The most rewarding part of her job, according to Naraini, is the many positive responses from individuals who choose to file a consumer proposal. They are relieved to be able to give something back to their creditors as well as manage their finances effectively with her guidance.
Call 1-855-BDO-Debt or fill out the form below. We’ll assess your finances and explore all debt-relief options available to you.
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A BDO debt professional will contact you within one business day to schedule your free initial consultation.