The process we use at Reynolds & Associates Inc. is different than other debt relief companies. With us, there are no payments upfront, ever. This is our No Fee Guarantee.
There is legal protection from creditors, even protection from the government collecting income taxes. This means you and your pay cheques are safe.
We do not have to get every single creditor to accept your debt settlement. The creditors get to vote and if the required majority votes yes, it’s legally binding on all creditors, even if some of them said no.
David first started working in the field of insolvency and restructuring in 1989 at the age of 22. He realized very quickly that this field was his calling and that helping people and businesses with overwhelming debt is what he was meant to do.
Working for many years for other companies such as BDO Dunwoody was very rewarding, however being completely in control of the process was his dream. In 2005, David Reynolds and Associates Inc. was born! Today he oversees offices in Sudbury, North Bay, Sault Ste Marie and Espanola.
People often comment that “calling your office was the hardest thing but after meeting with David I can’t believe I took so long to call”. David’s ability to analyze a situation and then propose the right solution is second to none. His ability to explain it in plain English and give hope to the person in front of him is a remarkable skill that is unique to him. His passion to help people is just as evident today as it was 30+ years ago. “I just love the feeling of meeting someone who is completely overwhelmed by debt and being able to fix it. People are so thankful. I find it extremely rewarding”.
Having joined David Reynolds & Associates in 2010, Vanessa has over a decade of Insolvency experience and is an amazing resource for our clients and staff alike. Her dedication and problem-solving abilities help our offices run with ease and provide unparalleled customer service. Her goal is to help all stakeholders quickly, efficiently, and with kindness and understanding, taking great pride in her work and helping people. Vanessa is a certified Insolvency Administrator, Insolvency Credit Counsellor, Registered Delegate, and is currently enrolled in the Chartered Insolvency and Restructuring Professional Qualification Program, working towards obtaining her designation as a Licensed Insolvency Trustee.
Vanessa volunteers with the Big Brother Big Sister program in Sudbury and is very fond of spending time with her little sister and making a positive impact in someone’s life. She is also a regular donor with Canadian Blood Services.
Her spare time is most enjoyed when spending time with her animals, family and friends.
Janice has been with David Reynolds & Associates Inc. since 2013 and has over 21 years of experience in the finance sector.
Janice successfully completed the Insolvency Counsellor Course in 2014. Her compassion, empathy and understanding help to put clients at ease as they deal with one of the most difficult decisions of their lives. She eagerly helps clients with their financial recovery and shows them how to implement steps to assist in achieving their future goals. Janice has also completed continuing education courses in tax prep and accounting.
Janice enjoys working out, cooking, motorcycling and weekends at the lake.
She is happily married and is extremely proud of her 2 children and 4 grandchildren.
Penny Breadner joined David Reynolds & Associates in 2019 and handles many aspects of our administration. She is an integral part of our team, and you can always count on her to get the job done. Her attention to detail and enthusiasm for learning make her an excellent fit in managing our Regent St. office in Sudbury. Penny feels that the most rewarding part of her job is being able to help the people in her community.
When she is not at work, Penny spends most of her time with her family and enjoys being outdoors.
Elena Orlova, a dedicated and passionate member of David Reynolds & Associates since 2022, has a rich academic and professional background. Having studied Marketing, she also holds the distinction of successfully completing the Certified Management Accountant program from the University of Windsor. Currently, Elena is furthering her knowledge by enrolling in the Insolvency Counsellor Course.
Originally from Russia, Elena has embraced Canadian life for the past 15 years. After spending 13 enriching years in London, she moved to Sault Ste. Marie in 2021. With a strong work ethic, she has amassed experience in various roles, including office management, accounting, payroll coordination, and account coordination. As she manages our Sault Ste. Marie office, Elena’s compassion and understanding shine through, especially when assisting clients through some of the most challenging periods of their lives.
Outside of her professional realm, Elena is an advocate for holistic, natural, and clean eating. A lover of the great outdoors, she often finds solace in reading books during her free time. However, the role she cherishes the most is that of being a devoted mother to her teenage son. With her blend of business acumen and genuine care for others, Elena continues to be an invaluable asset to our team and the community she serves.
When you come to Reynolds & Associates Inc., you receive peace of mind knowing we are licensed by the Canadian Government and are experts in handling your debt settlement process.
We are licensed to file consumer proposals, which involve a legal stay of proceedings, meaning creditors cannot collect for 45 days. During this time, your creditors must decide if they wish to accept the offer, counter offer, or refuse it. If the required majority of your creditors accept the deal, then it becomes a legally binding agreement. We do not ask you to pay any funds whatsoever until the creditors have accepted your debt settlement, and we can deal with any kind of debt you may have, including credit card debt, student loans, income taxes, lines of credit, payday loans etc.
