About Baigel Corp

About our Company

Baigel Corp. is an independent practice dedicated to rescuing small owner managed and family businesses from financial distress. We also ensure that directors are taken care of, because company liabilities do not always stay with a business.

We never forget that we are dealing with people’s lives, the impact on their families, and their hopes and dreams. We are a small business advising small business.

Baigel Corp. also has a team of professionals devoted to providing practical solutions to people struggling with personal financial difficulties. Our team has helped tens of thousands of people deal with their problems, whether the struggles are caused by credit card or bank debt, marital or relationship breakdowns, job losses, illness, family demands or many other reasons. The team share their decades of specialist experience to provide workable solutions to complex troubles in a sensitive, sympathetic and understanding manner.

Baigel Corp. chooses not to do a lot of the initial work traditionally performed by Licensed Insolvency Trustees. Baigel Corp. wishes for you or your existing advisors, be they accountants, book-keepers or lawyers, to do this work wherever possible. This enables you and your advisors to be engaged in any decision, and keeps Trustee costs down. We do not do any accounting, auditing or tax work ourselves. We want to apply our skills where you need them, and provide value when you need it most.

About our Principal

Michael Baigel is originally from Manchester, England and happily moved to Canada 20 years ago. He has been a Canadian for more than 13 years now. He founded, and until creating Baigel Corp., was the Practice Leader of the Small Business Restructuring team at a national insolvency practice. He previously worked at Deloitte, BDO and other boutique financial advisory and insolvency UK firms.

Michael is a federally Licensed Insolvency Trustee, and uniquely in Canada, he is also an exam qualified UK Insolvency Practitioner. He is a Chartered Insolvency and Restructuring Professional (CIRP), Canada; a Fellow of the Institute of Chartered Accountants in England & Wales; a Fellow of the Insolvency Practitioners Association (UK) and has a BA (Honours) degree in Economics.

However, more important than exam qualifications, is that Michael provides expert corporate recovery expertise gained from his experience of assisting thousands of small and owner managed businesses over three decades in both Canada and the UK. In that time, he has gained a reputation as a straight-talking advisor, who is both technically strong and commercially minded.
Michael Baigel Portrait


Michael was a member of the exam licensing committee for Licensed Insolvency Trustee candidates in Canada for many years and a peer reviewer of the Insolvency Counsellor’s Qualification Course. Michael scored the highest mark in the national examinations of the insolvency Licensing examinations in 2003, even whilst preparing for his wedding 4 days later.

Michael has presented on insolvency and restructuring issues to the American Bar Association, Ontario Bar Association, Israel Bar Association, GTA Accountants’ Network, National Association of Credit Management, International Factors Association, Investors Group and the Association for Capital Growth, and was published in a national newspaper regarding Small Business Demise: Why Some Companies Succeed Where Others Fail. He is an occasional columnist for the Construction Economist, Journal of the Canadian Institute of Quantity Surveyors

He volunteers for local charities and associations and is a member of the Canadian Ski Patrol, which is somewhat unusual for a lad from Manchester who had never stepped on skis until he was 23. He still plays open-age football (soccer in Canadian parlance) and plays the guitar very badly, but very, very loudly. Most importantly, he is a Manchester United fan.

Jeremy Kroll – Partner

Jeremy Kroll has been practicing as a Licensed Insolvency Trustee in Ontario, Canada since obtaining his license in 2001. Prior to that he practiced as a CPA, CA in Canada and then went into the construction industry on both the financial and operational sides. He has always had an entrepreneurial side to his career and “gets” where business principals are coming from. A request in 1999 to spend 3 months helping in a consumer practice led to a deep connection with the satisfaction in guiding individuals through a challenging situation that takes account of all their needs – he sees the big picture and invests the time to find the right solution. More than 20 years after the 3-month temporary job, he is still helping people settle their debts.

Jeremy Portrait
Jeremy’s entrepreneurial side comes out when solutions to business problems are sought. He believes in trying to solve problems “at the kitchen table” where the parties may minimize losses and save professional fees.

Whilst Jeremy has assisted creditors in complex cases that involve multi million-dollar losses to non-institutional lenders/investors, he is just as interested in helping the “average Joe or Jane” deal with the myths and confusions about their debt, deal fairly with their creditors, legitimately keep their assets and rebuild.

“When I chose to be a professional, I chose to put the interests of the stakeholders ahead of mine. I chose to put service at the forefront. By doing the right thing I am able to make a living and I am grateful for that.”

Jeremy has succeeded at all his endeavours, Chartered Accountant, entrepreneur, in the construction and manufacturing industries and as a provider of honest and effective debt solutions.

One of his greatest satisfactions in his professional career to date is seeing the success enjoyed by individuals he brought into the profession with no history and often no references. “I connected with that human, gave them the opportunity and some encouragement. Seeing them succeeding today is incredibly rewarding”. An immigrant, a refugee, a part-time city labourer, a USA trained lawyer, an India trained CA, the list goes on. Today they are all Licensed Insolvency Trustees.

Are you in need of a Licensed Insolvency Trustee?

Please contact our office