Consumer Alert Re Debt Settlement In Ontario

2012-05-10

The Ontario Ministry of Consumer Services has recently issued an alert warning consumers to exercise caution when considering a contract for services being marketed as “debt settlement”, “debt management”, “debt reduction” or “debt consolidation”. To read the alert, click here >> If you are having difficulty managing your debt, please contact an MNP licensed trustee for a no-cost, no obligationconsultation to determine the best alternative for dealing with your debts, which may include filing a consumer proposal. For more information on consumer proposals,click here. Marvin Zweig, CA-CIRP, Trustee Senior Vice-President Markham, Ontario About MNP Ltd. MNP Ltd. has an extensive team of trustees in bankruptcy and proposal administrators, licensed by the Office of the Superintendent of Bankruptcy - an agency of Industry Canada, with 47 trustees located in numerous offices across the county from Quebec to British Columbia.

Latest Blog Posts

2025-06-19

Options to consider if you can’t pay back your student loans

Dean Prentice

With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies. 

Read More

2025-06-18

How to budget for inflation

John Athanasiou

The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.

Read More

2025-06-16

What are the pros and cons of a Consumer Proposal?

Joey Zanni

Bankruptcy Alternatives to Bankruptcy

Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.

Read More

Consultation icon