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Bankruptcy and Restructuring Law Top Lawyer in Toronto Found 14986
Bankruptcy and restructuring law is a critical area of legal practice that helps individuals and businesses manage financial distress and find pathways to recovery. If you live in Toronto and are de...
Bankruptcy and restructuring law is a critical area of legal practice that helps individuals and businesses manage financial distress and find pathways to recovery. If you live in Toronto and are dealing with financial challenges, understanding bankruptcy and restructuring law and knowing when to seek legal assistance can make a significant difference in protecting your assets and securing a fresh start.
What is Bankruptcy and Restructuring Law?
Bankruptcy law provides a legal framework for individuals and businesses to resolve insolvency by liquidating assets or restructuring debts. Restructuring law focuses on reorganizing a debtor’s obligations to make them more manageable, often allowing businesses to continue operations while addressing their financial challenges.
When is a Consultation with a Lawyer Necessary?
In Toronto, financial distress can be overwhelming, and navigating the complexities of bankruptcy and restructuring laws requires expert guidance. If you are considering filing for bankruptcy, negotiating with creditors, or exploring restructuring options, consulting a lawyer specializing in this field is essential. These lawyers provide guidance, representation, and strategic solutions tailored to your financial situation.
Common Scenarios Requiring Legal Assistance
Here are several instances when you might need legal help:
- Filing for Bankruptcy Whether you are an individual or a business, filing for bankruptcy involves detailed documentation and adherence to specific legal procedures. A lawyer ensures accuracy and compliance with Toronto’s legal requirements.
- Debt Restructuring Restructuring debts often involves negotiating new payment terms with creditors. Legal assistance ensures fair and feasible agreements.
- Creditor Negotiations Lawyers can represent you in discussions with creditors to prevent legal actions such as foreclosure or lawsuits.
- Asset Protection Bankruptcy laws include provisions to protect certain assets from liquidation. A lawyer can help you understand your rights and maximize these protections.
- Business Reorganization For businesses, restructuring allows continued operations while addressing financial issues. Legal expertise ensures that reorganization plans comply with applicable laws.
How to Choose the Right Bankruptcy and Restructuring Lawyer in Toronto
Selecting a qualified lawyer is essential for a successful resolution of your case. Here are some factors to consider:
- Experience in Bankruptcy Law: Look for lawyers who specialize in bankruptcy and restructuring cases and have a deep understanding of local laws in Toronto.
- Proven Track Record: A history of successfully handling cases similar to yours is a good indicator of a lawyer’s competence.
- Strong Communication Skills: Your lawyer should be able to explain complex legal concepts clearly and keep you informed at every step of the process.
- Local Knowledge: Bankruptcy and restructuring laws can vary by region. Lawyers familiar with Toronto’s legal landscape can provide tailored advice.
When Should You Contact a Lawyer?
Many people wonder, “When is it necessary to consult a lawyer?” If you find yourself facing overwhelming debt, potential foreclosure, or creditor lawsuits, reaching out to a lawyer should be your next step.
How Much Do Legal Services Cost in Toronto?
Legal fees can vary depending on the complexity of your case and the lawyer’s expertise. In Toronto, bankruptcy and restructuring law consultations typically range from a few hundred to several thousand dollars. Many law firms offer initial consultations, which can help you assess whether a particular lawyer is the right fit for your needs.
Key Benefits of Hiring a Bankruptcy and Restructuring Lawyer
- Expert Guidance: Lawyers specializing in bankruptcy and restructuring law understand the nuances of financial regulations and can provide effective solutions.
- Strong Advocacy: Whether representing you in court or during creditor negotiations, a skilled lawyer will advocate for your interests.
- Time and Stress Savings: Navigating financial distress alone can be overwhelming. Hiring a lawyer allows you to focus on recovery while they handle the legal complexities.
Why Bankruptcy and Restructuring Law Matters in Toronto
Bankruptcy and restructuring law plays a vital role in providing relief to individuals and businesses facing financial challenges. In Toronto, these laws help ensure fair treatment of debtors and creditors, promote economic recovery, and support the stability of the local economy.
Steps to Navigate Bankruptcy and Restructuring
- Evaluate Your Financial Situation: Gather all relevant financial documents, including income statements, expenses, and debts.
- Consult a Lawyer: Seek advice from an experienced bankruptcy and restructuring lawyer in Toronto to explore your options.
- Develop a Plan: Work with your lawyer to determine whether bankruptcy, restructuring, or another solution is the best course of action.
- File Necessary Documentation: Ensure all required paperwork is complete and submitted within deadlines.
- Follow Through with Legal Processes: Participate in hearings, negotiations, or court proceedings as necessary, with your lawyer advocating on your behalf.
Conclusion
Bankruptcy and restructuring law is a specialized field that requires in-depth knowledge and strategic planning. If you’re in Toronto and facing financial difficulties, seeking professional legal assistance is the best course of action.
Remember, whether it’s a question of “When is a consultation necessary?” or “How much will it cost?”, having a trusted lawyer by your side can make all the difference. Don’t hesitate to reach out and secure the support you need to navigate bankruptcy and restructuring legal matters successfully.
- Asset Protection and Bankruptcy Planning
- Bankruptcy Fraud and Defenses
- Bankruptcy Litigation and Disputes
- Bankruptcy Trustee and Insolvency Representative
- Corporate Bankruptcy and Liquidation
- Corporate Debt Management and Negotiation
- Corporate Restructuring and Reorganization Plans
- Credit Rating Restoration After Bankruptcy
- Creditor and Debtor Rights
- Creditor Claims and Secured Transactions
- Cross-Border Insolvency and Bankruptcy
- Debt Consolidation and Relief
- Insolvency and Debt Restructuring
- Personal Bankruptcy and Consumer Proposals
- Reorganization and Bankruptcy Filing


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John De Vellis Partner
John's multi-faceted practice includes commercial litigation, condominium law, labour and employment law, and professional negligence. His experience includes everything from counseling investors in major fraud cases to serving clients in wrongful-dis...
John De Vellis Partner
John's multi-faceted practice includes commercial litigation, condominium law, labour and employment law, and professional negligence. His experience includes everything from counseling investors in major fraud cases to serving clients in wrongful-dismissal suits.
John has acted for both employers and employees in labour and employment matters and was cocounsel on a class action lawsuit-successfully resolved-brought by employees of a public sector employer in relation to employees' entitlement bonuses.
John joined Shibley Righton LLP in 2006 after spending three years with another firm practicing civil litigation and corporate/commercial law, and one year as legal counsel to the Public Interest Advocacy Centre, which is a consumer rights organization based in Ottawa.
John is a lawyer with a strong attachment to the community. When in law school, he spent eight months working at a legal aid clinic in Toronto's Parkdale community, has volunteered his time to a Long-Term Disability and Employment Law Clinic run by Wellspring, a not-for-profit organization that helps cancer patients. He has also volunteered with Pro Bono Law Ontario, which provides legal counsel to those who cannot afford representation. In addition, he is the Vice Chair (and Chair ofthe Personnel Committee) of the board of a community-run daycare centre, and he coaches young baseball players.
John has also spoken on such topics as Social Media in the Workplace and has been a guest judge for students at Osgoode Hall Law School and Sheridan College and a guest instructor at Humber College.
John graduated from Osgoode Hall Law School and was called to the Bar of Ontario in 2002, Prior to law school, he earned an Honours Bachelor of Arts (Economics) from York University, and a Master ofIndustrial Relations from the University of Toronto. He has worked as an Economist with the Ontario Ministry of Finance.
John is a member of the Ontario Bar Association.

Devika Penekelapati is a Founding Partner of Borders Law Firm. She has extensive experience representing clients on all types of Canadian immigration matters before Citizenship and Immigration Canada, Employment and Social Development Canada, Canadian consulates around the ...
Devika Penekelapati is a Founding Partner of Borders Law Firm. She has extensive experience representing clients on all types of Canadian immigration matters before Citizenship and Immigration Canada, Employment and Social Development Canada, Canadian consulates around the world, the Immigration Appeal Division, and the Federal Court of Canada. Ms. Penekelapati is an expert in assisting corporations to bring skilled workers to Canada, employing a number of work permit strategies such as Labour Market Opinions, NAFTA permits and Intra-Company applications. She assists each individual by crafting a comprehensive immigration plan, starting with an initial temporary visa and ending with Canadian citizenship if so desired. She advises on all federal and provincial immigration programs, creating strategies that are uniquely suited to each person’s circumstances. In addition, Ms. Penekelapati has a proven record representing clients who find themselves in unusual or difficult situations, including last-minute pre-removal negotiations before the Canadian Border Services Agency, complex humanitarian and compassionate ground applications, as well as In-land family class applications for individuals who are out of status and Temporary Resident Permits for individuals who are inadmissible to Canada. She has assisted a great number of family class applicants with spousal and parental sponsorship applications, helping them bring their loved ones to Canada. Her diverse cultural background and fluency in multiple South Asian languages (Hindi, Telugu, Tamil, Urdu and Punjabi) has made her a sought after adviser within Toronto’s diverse multicultural society.

Executive Summary
Wendy Whelan is a lawyer in the Health Law Group of the Toronto office of Borden Ladner Gervais LLP. Wendy defends hospitals and their employees in medical negligence claims and civil sexual assault matters. Wendy also provides advice to hospital clients...
Executive Summary
Wendy Whelan is a lawyer in the Health Law Group of the Toronto office of Borden Ladner Gervais LLP. Wendy defends hospitals and their employees in medical negligence claims and civil sexual assault matters. Wendy also provides advice to hospital clients and Community Care Access Centres on risk management, patient/client care issues, and Consent and Capacity Board (CCB) and Health Services Appeal and Review Board (HSARB) matters. Wendy represents clients at all levels of the Ontario Courts, Tribunals, Mediations and Coroner’s Inquests. During her first year of practice she was seconded to the Healthcare Insurance Reciprocal of Canada (HIROC). Wendy enjoys golfing, pilates and reading classic literature.
Publications & Presentations
- Co-Chair, Osgoode Certificate in Health Law, 2012-14
- Co-Presenter, “Role of the SDM & When Should the CCAC Initiate a Form G,” Ontario Association of Community Care Access Centres Conference, June 2012.
- Presenter OACCAC Annual Conference 2012/2013
- Presenter, “Anzovino Inquest,” Osgoode Certificate in Health Law, May 2012-2014
- Co-Presenter, “End of Life,” HIROC Webinar, March 2012-2014
- Presenter, “The Obstetrical Negligence Claim,” Reducing the Risks of Obstetrical Malpractice Conference, June 2011.
- Co-Chair and Co-Presenter, “Medical Negligence and Charting, Best Practices for Reducing Liability,” Legal Risk Management for Nurses, Osgoode Hall Law School, June 2011-2014
- Author/Presenter, “The Patient Relations File,” HIROC Connection and HIROC Webinar, May 2011.
- Presenter, “Standard of Care,” Osgoode Certificate in Health Law, May 2011.
- Presenter, “Giving Evidence at Examinations for Discovery,” St. John's Rehab, William Osler, Credit Valley Hospital, 2009 and 2010.
- Author, “Governing Law and Jurisdiction,” Risk Management in Canadian Health Care 9 RM CHC 2007.
Professional Involvement
- Member, Canadian Bar Association, The Advocates’ Society and Medico-Legal Society of Toronto
- Executive Member, Ontario Bar Association, Health Law Section
- Instructor, Ontario Hospital Association/BLG “Giving Evidence at Examinations for Discovery” Course, 2010
- Instructor, Informed Consent Tutorial, University of Toronto
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When is it necessary to consult a lawyer? People decide to visit a lawyer when they face serious difficulties. Professional legal assistance in Toronto is often sought when the case is already in court or a government institution and things are not going as expected. Or worse – the case has already been lost. Therefore, we recommend not delaying and resolving the issue early on.
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