2025-08-25
Owe the CRA money? Steps to help you get back on track
Owing the government money can be very intimidating as it's assumed the government has a limitless ability to collect the debt through any means necessary.
How do you recover from sudden and unexpected events?
Prepare for what’s nextarrow_forward
Get a Free Confidential Consultation
The road to becoming debt-free starts with a free confidential consultation with an MNP Licensed Insolvency Trustee.
Success Stories: Real Stories. Real Results.
These are real testimonials from past and current MNP clients who have used our debt solutions to overcome their debt and achieve financial stability.
You can count on our word and our clients’ stories. Read what they say about us.
MNP was wonderful to work with as I was dealing with my debt troubles. Thank you for all of your guidance and kindness during this process. It really makes a difference!
A. M. - Toronto, Ontario
Due to illness and retirement, my wife, Gayle and I had to do something about our debts. Our debts had accumulated to the point that, with just our pensions coming in as income, we were no longer able to keep up with the minimum payments on our credit cards. We were paying an estimated $2,000.00 per month and barely paying anything on the principal. It would have taken "hundreds of years" to pay off the full amount of debt by just paying the minimum...
Jean-Marc C. - Vancouver, B.C.
MNP was really helpful in teaching me about personal finances and getting my affairs in order. My advisor, Margaret Cook, worked closely with me and explained everything in detail. If you need help with debt troubles, don't hesitate to call MNP - you won't be disappointed.
L. B. - Toronto, Ontario
MNP really knows how to make you feel comfortable. I was debating taking this step for so long but it was the best thing I did & exactly what I needed for a financial restart. They are extremely helpful along the way and know how to keep you calm and never guessing or wondering what's next in the process. The communication is amazing, they replied to my inquiries very fast, and have a super friendly staff to deal with. I would recommend MNP to...
Frank D. - Vaughan, Ontario
Living on a fixed income earlier than I was planning left me in a financial situation that I would never be able to get out of. MNP sat down with me and went over everything and we decided that a Consumer Proposal was my best option. They calculated an amount that I was very comfortable with and I am still able to live my life. I would recommend MNP to anyone for advice on financial issues!
C. M. - Etobicoke, Ontario
A+ service! MNP and their employees are here to help you with your debt troubles. I honestly didn't know what to do - I was buried in bills and ready to give up. I was referred to MNP by a friend and it was the best decision I made to make that call! I am now debt free and working on my credit. You will not be disappointed as they stick with you throughout the entire process and stop the collection calls ASAP. Thank you, MNP!
J. W. - Aurora, Ontario
I was drowning in debt and felt completely overwhelmed until I connected with Margaret Cook at MNP Debt. Margaret walked me through every step of the process, answered all of my questions, and stuck with me through the entire journey. Thanks to hers and MNP's guidance, I was able to re-establish my credit and I finally feel a heavy weight lifted with a real sense of freedom in my life. I'm incredibly grateful for MNP's support and I highly recommend...
L. S. - Toronto, Ontario
MNP Debt has an amazing team of professionals. They work with you throughout bankruptcy proceedings while guiding you through the complex system. MNP has a well thought out process that works exceptionally well and minimizes your stress. They take care of all the details so you can focus on your financial fresh start. Selecting MNP Debt as my Licensed Insolvency Trustee was a great decision!
Craig P. - Toronto, Ontario
I have been a client of MNP for a few months now. My experience working with them has been exceptional so far. The team is knowledgeable, resourceful, and reliable. I would highly recommend MNP to anyone who is seeking a beneficial turnaround to their financial habits. A definite five-star rating!
Dionne Edwards - Toronto, Ontario
I want to say thank you to Sara McElroy for all of her hard work! She made everything so easy to follow with clear, step-by-step instructions. Her warm personality made me feel supported throughout the process. She was incredibly fast to respond and efficient, which made everything run smoothly. I called every Trustee in the city and ultimately chose MNP and truly appreciate your help.
Anonymous - Toronto, Ontario
Bankruptcy
When you’re overwhelmed by crushing debt, a personal bankruptcy will provide a fresh start and could be the Life-Changing Debt Solution you’re looking for. Choosing to file for bankruptcy is a serious decision which may not be for everyone.
MNP 3 Minute Debt Break Podcast
Get up to speed quickly with the bite-sized insights you need to better manage your debt and stay on top of your finances.
Consumer Proposal
We understand why you’re worried. You have debt, but you may also have assets you wish to keep and the idea of filing for bankruptcy is terrifying. You’re thinking about long-term financial impacts and wondering how to avoid them. If this sounds like you, a Consumer Proposal may be just the Life-Changing Debt Solution you’re looking for.
Latest Blog Posts
2025-08-14
How to budget for summer vacation
Vacation costs can add up quickly without proper planning. This guide can help you budget so that you can make the most of your trip without overspending.
2025-08-05
How to budget when you’re unemployed
Bankruptcy Consumer Proposal
Losing your job can be frustrating and, even more so, managing your financial wellbeing while you’re unemployed. However, you can successfully navigate the situation with the right budgeting tips.
- First steps to take when you become unemployed
- Managing your expenses
- Seeking professional help
