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Filing for Bankruptcy in Vaughan, Ontario

Thinking of declaring bankruptcy in Vaughan? With the help of your local MNP LTD Licensed Insolvency Trustee, your debt situation can be managed. Thousands of Canadians experience financial hardship every year, and for more than 50 years we have been there to help and provide solutions.

You can find an MNP LTD office in Vaughan that is staffed with professionally trained debt solution experts with experience in how to file bankruptcy. Don’t let your debt troubles get out of control. Call or click to contact us today to discuss available debt solutions.

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Should you be looking into other debt solutions?

A legal process, filing for bankruptcy can help reduce the majority of your debts. 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. It is not uncommon occurrence, after speaking with us, that people sometimes realize that declaring bankruptcy is not the best solution for them.

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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Our debt solutions are personalized

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 the amount of debt you’ve accumulated, you may have the option to consult with your creditors directly and negotiate a lower interest rate or a repayment schedule that meets your needs.

Debt Consolidation

Debt consolidation merges your debt into a single monthly repayment, allowing you to repay multiple creditors through one payment.

When many people experience debt problems often, their first thoughts are filing for bankruptcy. However, there are many solutions that may be better suited to your particular financial situation. Together, we can work out a solution that's best for you.

To learn more about declaring bankruptcy and other options provided by MNP LTD, call us at 905-214-7350 or submit our online form to ask for your FREE, private consultation.