MNP Consumer Debt Index plunges to 79 points

Index drops as Canadians’ net personal debt rating hits an all-time low.

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The road to becoming debt-free starts with a free confidential consultation with an MNP Licensed Insolvency Trustee.

Licensed Insolvency Trustees, licensed by the Canadian Government

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.

Mary Plahouras has been really helpful throughout the process. I have been really stressed during the past few weeks thinking about how to deal with my situation and Mary & the MNP team made it easy to solve it! Her professionalism and knowledge gave me the confidence that I will be able to manage my finances moving properly moving forward. I highly recommend MNP!

S. R. - Toronto, Ontario

If I could give more than 5 stars, I would! I am so happy with the support I received from MNP from start to finish. Margaret Cook has been very open, honest, and reliable. She made sure that all of my questions were answered and that at every stage the process was crystal clear. She has exceeded my expectations in every way possible. My only regret is not reaching out sooner. Thank you to MNP for guiding me through this journey and sticking with...

K. S. - Aurora, Ontario

Only 5 stars is not enough stars in the night sky to rate MNP! The best, most friendly people understood my situation and guided me through the process. Can't say enough and I highly recommend MNP Debt.

Garry C. - Quesnel, BC

I have been stuck in a cycle of anxiety due to credit card and tax debt for years - paying the minimum balances/juggling tax repayments… it was overwhelming at best. I finally called MNP Debt to see what options were available to me and was fortunate to be connected with Monique Moore. I’m so glad that I did and to be paired with her! Monique explained the options I had and walked me through the process step by step, without any judgement...

D. N. - Burlington, Ontario

Sara McElroy and Caryl Newbery-Mitchell made everything seamless. I would highly recommend the two of you and MNP. The whole process was handled with care, support and without judgment. It's what everyone in my position not only requires, but should expect. So, I would give Sara, Caryl and their staff the highest marks possible. MNP provides a real plan and helps you achieve your goals to a bright new future. Everyone is safe hands, once they agree...

C. C. - Toronto, Ontario

I had a good experience with Keerthana Nijanthan. She explained everything to me in great detail and she made things easy for me to complete. I learned a lot from her on how to make sure I don't fall into debt again. She is very kind and I really enjoyed working with her to help me get a financial fresh start. Again, thank you.

R. L. - Toronto, Ontario

MNP made my bankruptcy process very simple and easy. I had a wonderful experience and would recommend MNP to anybody in a similar situation to mine.

D. G. - Oshawa, Ontario

MNP is the best choice. The non-judgmental demeanor I received from the staff gave me instant relief. They answered my questions thoughtfully and thoroughly while offering me step by step solutions to fit my particular situation. They reassured me that everything was going to be okay. Now, I'm confident to move forward with my life. Thank you to all.

Anonymous - Red Deer, Alberta

Thank you so much for the incredible work done. I look forward to paying off my debt and resuming my life.

Anonymous - Toronto, Ontario

Hello. I want to comment on my very positive experience with the work of Mary Plahouras, senior estate manager with MNP Ltd. Her energy, attention to detail, patience, and compassion with my complicated debt situation gave me hope and improved confidence in settling my financial affairs. She went to great lengths to explain all the procedures for settling my debt and devoted an exceptional amount of time and attention to my case. I thank Mary for...

Vitali C. - Toronto, ON

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.

Bankruptcy

12 Days of Holiday

Every year MNP Licensed Insolvency Trustees across Canada share their favourite tips and advice for a happy and affordable festive season. We’re all guilty of breaking the bank and spending a little too much during the holidays — these 12 suggestions will help you keep the generosity at an all-time high without suffering from debt regret when the credit card bills arrive in January.

12 Days of Holiday

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.

Consumer Proposal