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As an essential service, we are open to assist everyone during all phases of COVID-19 closures.

Debt Stress never takes a break, and we are always here to assist you with your debt problems.

Our staff take all the necessary precautions to prevent the spread of COVID-19. Our trustees are available for a consultation via phone, video call or where possible in person consultation. Visit here to book an initial consultation or call us at 1-888-545-5365.

If you have an active bankruptcy or proposal with us, we have you covered. See the details here.

Stay safe.
Richard Killen, LIT, CIRP

Richard Killen & Associates

Enjoying Every Minute Together.

DEBT RELIEF STARTS HERE!

If your debt stress is taking its toll on your health, family and career, we are here to help you get back on track financially. Put an end to sleepless nights and wondering how you’re going to make this month’s payments.

We have helped thousands of people in the GTA to get out of debt with a 99% percent success rate.  

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Consumer Proposals

A consumer proposal is a popular alternative to bankruptcy – partial repayment plan based on your means to provide debt relief.

Bankruptcy Solutions

Sometimes no matter how hard you try to meet your financial obligations, declaring bankruptcy is the only responsible solution.

Credit Counselling

This service provides better resources to manage finances & debt going forward. Reducing stress and keeping you financially fit.

We have assisted thousands of people like you to become debt free.

CALL ANY OF OUR OFFICES IN THE GTA FOR A FREE CONSULTATION WITH A TRUSTEE 1-888-545-5365

Recent Activity

Avoiding Debt While Making Memories

Holiday Budgeting for Families in Ontario: Avoiding Debt While Still Making Memories

Holiday budgeting for families in Ontario often comes with the pressure to make the season special, which sometimes leads to overspending and even debt. But what if the magic of the holidays didn’t have to come with a hefty price tag? The key is creating memories without...
Holiday credit card debt

Is Holiday Credit Card Debt Pushing You Over the Limit?

Holiday credit card debt has a way of sneaking up on even the most budget-conscious shoppers. Between festive sales, gift-giving pressure, and last-minute splurges, it’s easy to lose track of spending until your credit card statement delivers a reality check. If you’ve ever...
Holiday Loan Debt

When Holiday Loan Debt Turns Into Long-Term Trouble

Holiday loan debt can sneak up on even the most budget-conscious Ontarians. What starts as a manageable monthly payment can become a burden when interest accumulates or when unexpected life expenses arise. Many Ontarians find themselves caught in a cycle of making minimum...
Holiday Loans Ontario

Holiday Loans Ontario: Are They Ever a Good Idea?

The Christmas season often brings joy, connection, and—for many in Ontario—a surge in spending. That’s why holiday loans Ontario are increasingly marketed as a quick fix for festive financial stress. But are they truly the best way to borrow money for holidays? Let’s explore...
Credit Card Help

How to Talk to a Licensed Insolvency Trustee in Ontario About Credit Card Debt

Speaking with a Licensed Insolvency Trustee in Ontario can be a transformative step toward financial relief if you’re struggling with credit card debt. LITs are federally regulated professionals who are trained to help you understand your options, protect your rights, and...
the Psychology of Credit Card Spending

Understanding the Psychology of Credit Card Spending – What Ontario Consumers Need to Know

Ever wonder why it’s so easy to swipe your credit card — and so hard to pay it off later? The psychology of credit card spending helps explain why so many people in Ontario fall into patterns of overspending. It’s not just about budgeting — it’s about how our brains respond...
Why Young Adults Are Filing for Bankruptcy

Why Young Adults Are Filing for Bankruptcy in Ontario

Filing for bankruptcy in Ontario is becoming a reality for more young adults as they face overwhelming financial pressure. From student loans and credit card debt to unstable employment and rising living costs, the financial landscape for millennials and Gen Z in Canada has...
Student Loan Debt in Ontario

Student Loan Debt in Ontario: What Grads Need To Know

For many recent graduates, student loan debt in Ontario is more than just a monthly payment—it’s a financial reality that shapes career choices, housing decisions, and mental health. Whether you borrowed through OSAP, the Canada Student Loans Program, or took out a private...
Money Tips for Young Adults in Canada

Money Mistakes Young Canadians Make in Their 20s

Financial independence in one’s 20s often comes with limited experience and minimal formal education in personal finance. For many young adults in Canada, this period marks the beginning of financial decision-making—yet it is also when some of the most costly money mistakes...
multiple consumer proposals

How Many Times Can You Make a Consumer Proposal?

If you're struggling with debt and looking for sustainable relief, a consumer proposal in Canada may be one of the most effective solutions available. But what happens if you’ve already gone through this process? Can you do it again? Is there a limit on how many times you...



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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

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