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Life-changing Debt Solutions
"Life Happens. Debt Happens. MNP can help."
We've helped
hundreds of thousands of Canadians
get out of debt
We've helped
hundreds of thousands
of Canadians

get out of debt
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Filing for Bankruptcy in Toronto, Ontario

Thinking about declaring bankruptcy in Toronto? No matter the level of debt you have, your local MNP LTD Licensed Insolvency Trustee can offer you solutions. Year after year, we help thousands of Canadians just like you break free from financial hardship.

Your local MNP LTD is staffed with dedicated professionals who are a part of and familiar with your community. Don’t let your debt troubles get out of control. There are options -- discover them with MNP LTD now.

There are 7 offices near you

What is your best course of action?

A legal process, filing for bankruptcy can help reduce the majority of your debts. It is regulated by the Bankruptcy and Insolvency Act. First things first, get in touch with your local MNP LTD to learn about the options that are available to you. 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.

What is a Licensed Insolvency Trustee (LIT)?
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 tailor our solutions to your situation

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

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

Personal Bankruptcy

There are many ways you can restore your credit. Together, the advantages and disadvantages of each of your options will be reviewed.

The first thought people have when encountering financial difficulty is 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.

To learn more about declaring bankruptcy and other debt solutions provided by MNP LTD, call us at 416-800-2864 or submit our online form to request your FREE, confidential consultation!

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