hero image hero image
Life-changing Debt Solutions
"Thank you for the excellent care and understanding"
Find other MNP offices
Find

Filing for Bankruptcy in Scarborough, Ontario

Are you considering declaring bankruptcy in Scarborough? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD. Licensed Insolvency Trustee. Every year, we help thousands of Canadians find trusted solutions for their financial problems, and we can help you too.

You’ll find a local MNP LTD. office in Toronto (Scarborough) staffed by knowledgeable professionals with experience in the steps to filing bankruptcy who live and work in the same communities as you do. Don't let having debt encompass your life. Contact us today and regain control of your finances.

There is 1 office near you

Is it time to consider other debt help options?

Filing for Bankruptcy is an entirely legal process and can be effective in reducing the majority of your debt. It is regulated by the Bankruptcy and Insolvency Act. The first thing to do is to speak with your local MNP LTD. Licensed Insolvency Trustee to determine your best course of action. In many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.

To determine how to handle your debt effectively, think about your current financial situation.

  • Spending more than you earn?
  • Facing legal action, such as garnishment?
  • Using credit cards for necessities?
  • At risk of losing credit card privileges?
  • Receiving harassing collection letters or phone calls?
  • Stressed out due to financial problems?

If this sounds like you and you are experiencing some or all of the above, contact us today.

Personal Insolvency Counselling

MNP offers permanent life-changing debt solutions to individuals struggling with an overwhelming amount of debt. Our trustees are here to help.

Get Started Now!

Call us today at 416-800-2864 or fill out our form to get a free consultation!

FILL OUT FORM

How your situation can benefit from our solutions

Consumer Proposal

With a consumer proposal, you can arrange to pay some or all of your unsecured debts through monthly payments over a specified period of time (up to a maximum of 5 years). 

Informal Debt Settlement

Depending on how much debt you’ve accumulated, you may have the option to contact your creditors and arrange to have your interest rate lowered or have a repayment schedule implemented that works with your needs.

Debt Consolidation

With debt consolidation, you can combine all your debts into one and repay multiple creditors through a single monthly payment.

When many people experience debt problems often, their first thoughts are filing for bankruptcy. There are of course many alternatives that may be more suitable for your situation. Together, we can work out a solution that's best for you.

Learn more about declaring bankruptcy and other debt solutions today -- simply give us a call at 416-800-2864 or submit an online form to receive a FREE and confidential consultation.