5 Best Licensed Insolvency Trustees in Toronto (2026)

David Sklar & Associates operates as a Licensed Insolvency Trustee firm out of North York, handling bankruptcy filings, consumer proposals, and credit counselling for individuals working through debt. Google categorizes the business under bankruptcy, insolvency, and credit counselling services, and its reviews describe a structured process that moves from an initial consultation through to what the firm calls a client's Fresh Start. The firm assigns named case handlers to each file rather than routing clients through a general line, based on how consistently individual staff are credited across its reviews.

MNP Debt is the consumer insolvency arm of MNP, a national accounting and business advisory firm, operating this Yonge and Eglinton office as a Licensed Insolvency Trustee practice handling bankruptcy and consumer proposals. Google lists it under bankruptcy, credit counselling, financial consulting, and insolvency service categories, reflecting a broader financial advisory scope than a standalone trustee office. Reviews describe both the practical debt-relief process and a financial-planning conversation about longer-term budgeting.

Spergel is a Licensed Insolvency Trustee firm with a Danforth Avenue office among its Toronto locations, focused on consumer proposals, bankruptcy, debt consolidation, and credit counselling. Its own site emphasizes judgment-free support for debt tied to credit cards, payday loans, or tax debt specifically, and it publishes educational content alongside its case work. Reviews describe the firm taking on cases other trustees had been less encouraging about, including debt tied to gambling.

Kunjar Sharma & Associates is a Licensed Insolvency Trustee practice on Eglinton Avenue East handling consumer and corporate insolvency, credit counselling, and debt advice. Unlike the other firms on this list, it doesn't list a website in this dataset, which points to a more traditional, in-person or phone-first practice rather than an online-forward one. Reviews consistently name one staff member as the primary point of contact across a wide range of cases, from routine consumer proposals to fraud-related financial distress.

Morataya Corp. is a Licensed Insolvency Trustee firm based in North York, licensed to operate in Ontario, Alberta, and British Columbia, and its own site describes handling consumer proposals, bankruptcy protection, and debt consolidation. It publishes its Google review count and rating directly on its own site, and highlights bilingual service, several reviews are written in Spanish, alongside English. Staff are named consistently across reviews for guiding clients through the proposal process end to end.