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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. We help thousands of Canadians overcome all types of financial difficulties, and we're here to help you too.

When you turn to your local MNP LTD office in Toronto (Scarborough), you'll discover a staff of dedicated, skilled and experienced professionals from the same community as you. Debt problems shouldn't control your life. There are options -- discover them with MNP LTD now.

There are 2 offices near you

Is it time to consider other debt help options?

When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Scarborough. It is regulated by the Bankruptcy and Insolvency Act. The first and most important step is to contact your MNP LTD Licensed Insolvency Trustee, who will present you with all of your financial options based on the assessment of your current debt situation. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.

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!

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We offer the most effective solution for your situation

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

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

Those who are met with financial problems often think that declaring bankruptcy is their only option. However, there are many solutions that may be better suited to your particular financial situation. We'll work together to create a plan that works best for you.

To find out more about declaring bankruptcy and the other solutions MNP LTD can offer you, call us at 416-800-2864 or complete the online form to request your FREE, private consultation!