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Filing for Bankruptcy in Toronto, Ontario

Considering declaring bankruptcy in Toronto? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. 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 (North York) 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 debt problems take control of your life. You have options; discover them with MNP LTD. today.

There are 6 offices near you

Should you be looking into other debt solutions?

A legal process that can help free you from most of your debt is filing for bankruptcy in Toronto. 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 the majority of cases, people discover that declaring bankruptcy is not required, but instead follow one of the alternative remedies we provide.

To find out what is best for you, 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!

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We offer the most effective solution for your situation

Consumer Proposal

A consumer proposal allows you to pay some or all of your unsecured debts via monthly payments over a specified period of time (up to a maximum of 5 years). 

Informal Debt Settlement

Conditional on the amount of debt that you’ve accumulated, it may be possible to contact your creditors directly to negotiate lower interest or a repayment schedule that better suits your needs.

Debt Consolidation

Combine all your debts into one and repay multiple creditors through a single monthly payment with debt consolidation.

Often times, when individuals face financial problems their first instinct is declaring bankruptcy. You may be interested to learn that there may be more suitable solutions to your situation that you may not yet have considered. We'll work together to create a plan that works best for you.

Find out more about how MNP LTD. can help with declaring bankruptcy or guiding you through alternative options -- simply call us at 416-800-2864 to book your FREE confidential consultation today.