Spergel

Spergel, insolvency and debt relief advice in Canada

Spergel is a Canadian firm specializing in debt relief that operates under the direction of Licensed Insolvency Trustees (LIT), the only professionals authorized to administer the two legal forms of debt relief in Canada: the consumer proposal and bankruptcy. The firm states it has helped over 100,000 Canadians eliminate their debts and offers a free initial consultation.

Debt solutions offered by the firm

Spergel's service catalogue is organized around different resolution paths, depending on each person's financial situation:

• Consumer proposal, with an online calculator to estimate debt reduction.
• Bankruptcy.
• Debt consolidation.
• Credit counselling.

The firm also addresses specific types of debt, such as tax or business debt, and publishes guides on specific topics, including one dedicated to 407 ETR toll debt in Ontario and another on CERB benefit repayment letters issued by the Canada Revenue Agency (CRA).

Client profiles it serves

Spergel segments its service according to the applicant's life situation. Among the groups it identifies are individuals and couples, stretched households, seniors and retirees, and self-employed workers and small business owners. The firm presents this process as a choice of personalized options without judgment.

Contact and service channels

The firm handles inquiries by phone, text message, email and online chat, as well as a contact form and the possibility of booking an appointment. Calls and messages are directed to a Licensed Insolvency Trustee during business hours. Outside those hours, chat remains available 24/7 for answers and later connection with an advisor. The firm has several offices, each with its own phone number.

Own studies and informative content

Spergel produces surveys and studies on the relationship between debt and mental health in Canada. Its annual study on the emotional impact of debt, now in its third edition, analyzes how financial stress affects Canadians' wellbeing, relationships and daily lives, and why many people delay seeking help. Another study, titled The Cost of Getting By in Canada (2026), examines the use of debt or savings to cover ordinary expenses. The firm also maintains a learning centre with articles, guides, budgeting tools and e-books, and publishes content on the cost of groceries and tips for saving on groceries.

Recognition and ratings

The site shows aggregate ratings of 1,464 reviews with a five-star rating and 2,587 reviews on Trustpilot, Google, Facebook and BBB. The testimonials collected highlight the clarity of the explanations, the support during the process and the treatment received, with mentions of specific team members such as Steven Chong-Kee, Mina, Rob, Sylvie and Neha.