Welker & Associates Company Information
In 1998 Peter Welker began his own personal insolvency and debt management business. When Peter began, his goal was to provide a personal and compassionate approach to helping people who were experiencing money problems. In 2006 Peter’s son Chris Welker took over his father’s business and founded Welker & Associates Inc. Today Chris continues to offer the same high quality of service focused on helping individuals and families overcome their personal debt problems through affordable fee arrangements, flexible appointments and free initial consultations. Unlike most of their competitors, when you book an appointment with Welker & Associates Inc. you will meet with a Licensed Insolvency Trustee and not an estate administrator. We feel that it is important for you to have your questions answered by the individual who will be responsible for your file. Since you will be meeting directly with a licensed trustee, your money problems will be dealt with more effectively and often in one meeting. 

Meet our Licensed Insolvency Trustees

Our Licensed Insolvency Trustees combine more than 30 years of experience in dealing with all kinds of debt situations.


Chris Welker
519-885-4411
1-800-332-8093 x 207
chris@welker.ca

Chris Welker

President and Licensed Insolvency Trustee

Chris Welker is a graduate of Wilfred Laurier University where he obtained his degree in Economics. After graduating, Chris worked as a financial planner for Programmed Insurance Brokers in Elmira where he sold life insurance, investments and group health benefits plans. In 2001, Chris joined his father’s insolvency practice, Peter Welker Licensed Insolvency Trustee. In 2006, Chris decided it was time to step out on his own and founded Welker & Associates. Chris meets with clients in the Kitchener, Cambridge, Stratford and Guelph offices.

In the summer months you can find Chris teeing off on the golf course. In the winter, like many Canadians, he can be found at the hockey rink playing recreational hockey with “The Bankrupts”, a team sponsored by Welker & Associates. Chris and his wife have a son and a daughter.


Jeff Penston
519-885-4411
1-800-332-8093 x 204
jeff@welker.ca

Jeff Penston

Licensed Insolvency Trustee

As a Licensed Insolvency Trustee at Welker and Associates, Jeff travels between the Kitchener, Cambridge, Brantford, Woodstock and Simcoe offices assisting individuals experiencing financial difficulties.

Jeff Penston joined Welker and Associates in 2007 and became a Licensed Insolvency Trustee in 2010. Prior to joining Welker and Associates, Jeff worked as a Credit Counsellor and Estate Manager. Jeff received a BA in Political Science with a Business Administration option in 2001 from Wilfred Laurier University.

Jeff, his wife, and his two young daughters are active in their local chapter of the Juvenile Diabetes Research Foundation. When Jeff isn't driving from one office to the next, he enjoys spending time with his family and friends, playing the guitar and watching his daughters excel at their various after-school activities.


Sue Jung
519-680-2800
1-800-332-8093 x 201
sue@welker.ca

Sue Jung

Licensed Insolvency Trustee

Susan (“Sue”) Jung is a Licensed Insolvency Trustee and is a graduate of the University of Western Ontario and the Ivey School of Business. In her spare time, Sue values time spent with family and friends. Sue grew up on a dairy farm and moved to London many years ago, but is definitely still “a little bit country". Sue meets personally with clients in the London, Stratford, Chatham, Clinton and Goderich and supervises the Windsor office. 

Sue’s approach to clients is simple – how would she like to be treated if she were in financial difficulty? She would want to be treated with respect, dignity and understanding and that is exactly the person that greets every client who comes through her door. Sue understands that finances are private and that reaching out for help is hard for a lot of people. Her clients are relieved to find a compassionate and down to earth person who truly cares and has the experience and knowledge to help them sort through the options. This combination allows Sue to help clients find the solution that is best for them. Sue understands that sometimes bad things happen to good people. Sue describes herself as one of the luckiest people in the world. Why? She is just a good person who gets to spend each day helping other good people.