Steve Welker and Company
Steve Welker and Company is a federally licensed insolvency trustee firm in Ontario, founded in 2014, administering Consumer Proposals, bankruptcies, and credit counselling for individual debtors across 21 Ontario locations.
- Company typePrivate
- Founded2014
- HeadquartersEtobicoke, Canada
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Steve Welker and Company does
Steve Welker and Company Inc. is a federally licensed insolvency trustee practice founded in 2014 and headquartered in Etobicoke, Ontario, with 21 meeting locations across the province. The firm administers government-regulated debt relief proceedings under the Bankruptcy and Insolvency Act, with Consumer Proposals and personal bankruptcy filings as its core services, supplemented by credit counselling and debt consolidation advisory. Its customers are Ontario residents with unmanageable unsecured debt, including credit card balances, payday loans, tax debt owed to the CRA, and student loans; the firm has served more than 4,000 such clients since inception and reports a 99% Consumer Proposal acceptance rate.
The business model is professional services fee-based, with trustee compensation set by federal tariff on administered Consumer Proposals and bankruptcies and no upfront fees charged to clients. Free initial consultations are delivered by phone, video conference, or in person across the Ontario office network, with most physical sites operated through shared workspace partners (Regus, SuiteWorks, Investor's Group, and others). Marketing relies on a content-driven website, a free payment calculator comparing debt relief scenarios, and an email newsletter; the firm is BBB A+ accredited.
Operationally the firm is small, with 6 employees and a founder-led, privately held ownership structure. The Office of the Superintendent of Bankruptcy regulates the firm, and its principal Licensed Insolvency Trustees also hold CPA designations and memberships in the Institute of Chartered Accountants of Ontario and the Canadian Association of Insolvency and Restructuring Professionals. There is no proprietary technology platform, no disclosed funding, and no institutional or parent-company ownership.
Steve Welker and Company firmographics
Firmographics- Name
- Steve Welker and Company
- Legal name
- Steve Welker and Company Inc.
- Website
- https://stevewelker.ca
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Steve Welker and Company is a federally licensed insolvency trustee firm in Ontario, founded in 2014, administering Consumer Proposals, bankruptcies, and credit counselling for individual debtors across 21 Ontario locations.
- Ownership category
- akta.pro rank
Steve Welker and Company industry classification
Industry- Product category
- Consumer Insolvency and Debt Relief Services
- NAICS
- Trust, Fiduciary, and Custody Activities (523991)
- SIC
- Services-Legal Services (8111)
- akta.pro primary industry
- Structured Finance Legal, Trustee & Administration (FSACACAJ)
Keywords
Where Steve Welker and Company is headquartered
LocationHeadquarters
- HQ city
- Etobicoke
- HQ country
- Canada
- HQ region
- North America
Offices22 records
Markets served
Steve Welker and Company business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Consumer Proposal Administration: Trustees administer Consumer Proposals, which are legal debt settlement arrangements governed by the Bankruptcy and Insolvency Act. Trustee fees for Consumer Proposals are regulated by the federal government.
- Bankruptcy Filing Administration: Trustees administer bankruptcy proceedings and are compensated through regulated fees established under federal law.
- Credit Counselling Services: Credit counselling services provided as part of the debt relief offerings, with fees varying by agency type (for-profit vs not-for-profit).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Consumer Proposal payments vary by individual debt amount and affordability assessment |
| Other | Monthly | Credit Counselling and Debt Management Plans |
| Other | Monthly | Debt Consolidation Loans |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Steve Welker and Company product offering
Product offeringCore offering
Steve Welker and Company is a Licensed Insolvency Trustee firm that administers federally regulated insolvency proceedings for Ontario residents. Its primary services are Consumer Proposals (debt restructuring that can reduce debt by up to 70%) and Bankruptcy filings (debt erasure in as few as 9 months), supplemented by Credit Counselling and Debt Consolidation guidance. All engagements begin with free, no-obligation consultations delivered across 21 Ontario office locations or by phone/video conference.
Product overview
Steve Welker and Company offers a suite of federally regulated debt relief services centered on Consumer Proposals and Bankruptcy, the two primary formal insolvency proceedings administered exclusively by Licensed Insolvency Trustees in Canada. These core services are complemented by Credit Counselling and Debt Consolidation as alternative solutions. The company operates across 21 Ontario locations and serves as an intermediary between debtors and creditors, helping individuals eliminate debt, stop collection calls, protect their paycheque from garnishment, and retain their assets while achieving a financial fresh start. The Payment Calculator tool enables prospective clients to compare estimated costs across different debt relief options.
Differentiator
Problem solved
Functional benefit
Products and services
- Consumer Proposals
Quantifiable outcome
- Consumer Proposals can reduce debt by up to 70%
- +3 more outcomes
Companies that use Steve Welker and Company
Customer profileSegments3 records
Ideal customer profiles1 record
Steve Welker and Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Steve Welker and Company partnerships and signals
Strategic signalScale indicators5 records
Recent moves9 records
Expansion highlights4 records
Steve Welker and Company competitors and assessment
Company assessmentBroad incumbents
- MNP Ltd. National Canadian accounting and insolvency practice with a large Licensed Insolvency Trustee division. Overlaps with Steve Welker and Company in Consumer Proposals and personal bankruptcy but operates at much greater scale and across all provinces.
- BDO Canada Limited: Major national accounting firm with a Personal Insolvency Practice administering Consumer Proposals and bankruptcies across Canada, including Ontario — a broader incumbent competing for the same individual debtor segment.
- Grant Thornton Limited: National accounting and advisory firm with a Licensed Insolvency Trustee practice that serves individual consumers with debt solutions across multiple Canadian provinces, including Ontario.
Direct peers
- David Sklar & Associates: Toronto-based Licensed Insolvency Trustee firm providing Consumer Proposals, bankruptcy, and credit counselling to Ontario consumers — directly overlapping in geography, services, and target segment.
- A. Farber & Partners: Canadian Licensed Insolvency Trustee firm offering Consumer Proposals, bankruptcy, and debt management services with multiple offices, directly comparable in service offering and target customer.
- Farber Financial Solutions: Canadian debt-solutions firm offering Consumer Proposals, bankruptcy filing support, and credit counselling, serving individual debtors through a multi-office model — a comparable peer in regulated personal insolvency services.
- Bromwich+Smith: Western Canadian Licensed Insolvency Trustee firm with multi-city office network offering Consumer Proposals, bankruptcy, and credit counselling — comparable multi-office LIT model with a regional focus.
- Hoyes, Michalos & Associates: One of Ontario's largest independent Licensed Insolvency Trustee firms, offering Consumer Proposals, bankruptcy, and credit counselling across multiple Ontario offices — directly comparable service mix and customer base.
Emerging players
- Credit Canada: Non-profit credit counselling agency offering debt management plans, counselling, and budgeting education in Ontario and nationally. Competes in the credit-counselling and pre-insolvency stages of the same customer journey.
Regional players
- Consolidated Credit Counseling Services of Canada: Canadian credit counselling non-profit providing debt management plans and financial education across provinces, including Ontario — competes for the same financially stressed consumer at the entry-level counselling stage.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Steve Welker and Company social profiles
Digital presenceSteve Welker and Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Steve Welker and Company leadership team
Management profileNumber of profiles
Profiles1 record
Steve Welker and Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Steve Welker and Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Steve Welker and Company
What does Steve Welker and Company do?
Steve Welker and Company is a Licensed Insolvency Trustee firm that administers federally regulated insolvency proceedings for Ontario residents. Its primary services are Consumer Proposals (debt restructuring that can reduce debt by up to 70%) and Bankruptcy filings (debt erasure in as few as 9 months), supplemented by Credit Counselling and Debt Consolidation guidance. All engagements begin with free, no-obligation consultations delivered across 21 Ontario office locations or by phone/video conference.
Is Steve Welker and Company a public or private company?
Steve Welker and Company is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Steve Welker and Company founded?
Steve Welker and Company was founded in 2014. It employs 1 to 10 people.
Where is Steve Welker and Company based?
Steve Welker and Company is headquartered in Etobicoke, Canada, in the North America region.
How does Steve Welker and Company make money?
Three revenue lines are on record. Consumer Proposal Administration is the primary driver. The others are bankruptcy Filing Administration and credit Counselling Services.
Who are Steve Welker and Company's main competitors?
Broad incumbents on record are MNP Ltd., BDO Canada Limited and Grant Thornton Limited. Direct peers are David Sklar & Associates, A. Farber & Partners, Farber Financial Solutions, Bromwich+Smith and Hoyes, Michalos & Associates. Credit Canada is listed as an emerging player. Consolidated Credit Counseling Services of Canada is listed as a regional player.
Does Steve Welker and Company have an API?
No public API is recorded for Steve Welker and Company.
What industry is Steve Welker and Company in?
Steve Welker and Company's product category is Consumer Insolvency and Debt Relief Services. Its primary akta.pro industry code is FSACACAJ, Structured Finance Legal, Trustee & Administration. Its NAICS code is 523991 and its SIC code is 8111.