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How Does A Consumer Proposal in Toronto Work?

You hear a lot about consumer proposals in Toronto nowadays. Since, in my experience, practically nobody wants to do a bankruptcy it's no wonder that consumer proposals have become the most talked about part of the personal insolvency business. In fact almost half the people...
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Consumer Proposal Vs Bankruptcy – What Is the Difference?

What is the difference between Bankruptcy and Consumer Proposal is a common question we hear all the time so today let’s do a comparison of consumer proposal vs bankruptcy. I've been in the insolvency business discussing bankruptcy in Toronto for over 30 years and in all...
Richard Killen - Licensed Insolvency Trustee

A New Name – Licensed Insolvency Trustee

The bankruptcy and proposal business is going to have a new player - at least it will appear that way. Since 1920 Trustees have had the title “Trustee in Bankruptcy”. Effective April 1st, 2016, Trustees are going to have a new name. We will be called “Licensed Insolvency...
Bankruptcy vs Proposal

Bankruptcy vs Proposal

On October 21st Richard Killen spoke at a seminar given to employees of credit unions throughout Ontario. Titled Bankruptcy vs. Consumer Proposals...
Administrator’s Report

Administrator’s Report

On October 21st Richard spoke at a seminar given to employees of credit unions throughout Ontario. Titled Bankruptcy/Consumer Proposals...
Why A Trustee Is Like A Bus Driver? - 1

Why A Trustee Is Like A Bus Driver?

On October 21st Richard spoke at a seminar given to employees of credit unions throughout Ontario. Titled Bankruptcy/Consumer Proposals...
Walking In The Door

Walking In The Door

On October 21st Richard spoke at a seminar given to employees of credit unions throughout Ontario. Titled Bankruptcy/Consumer Proposals...
Verifying Statement of Affairs - 1

Verifying Statement of Affairs

On October 21st Richard spoke at a seminar given to employees of credit unions throughout Ontario. Titled Bankruptcy/Consumer Proposals...
Proposals Explained Pt 2

Proposals Explained Pt 1

On October 21st Richard spoke at a seminar given to employees of credit unions throughout Ontario. Titled Bankruptcy/Consumer Proposals...
keys to financial freedom

5 Keys to Securing your Financial Freedom

Financial freedom – that’s what everyone aims to attain at some point in life. We all dream of “getting there” financially, to live the rest of our life without financial fear or worry, a life where we don’t merely work to pay the bills and not have enough left over, but...



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    About Richard Killen & Associates


    Since 1992, Richard Killen & Associates, a Licensed Insolvency Trustee, have helped thousands of people resolve their financial problems. With 25 years experience in this industry, our president, Richard Killen, and the rest of our team understand the difficulties that honest people can sometimes find themselves in. This expertise makes it possible to provide you with a service that effectively deals with the issues.


    Serving the GTA for 25 years