When financial challenges arise, navigating the complexities of bankruptcy law can be overwhelming. Whether you’re an individual or a business, finding the right legal guidance is essential to protect your rights and assets. Our guide to the 7 Best Bankruptcy Attorneys in Toronto highlights professionals who specialize in helping clients overcome financial difficulties. From filing for consumer proposals to negotiating with creditors, these experts offer tailored solutions to suit your unique circumstances. Below, we outline some of the key services and considerations when hiring a bankruptcy attorney in Toronto, as well as an overview of potential price ranges:
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Number of companies
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Verified reviews
4,83
Average rating
1. Debt Free Credit Solution
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5,0/5
314, 10 Milner Business Ct, M1B 3C6, Toronto
- Bankruptcy service
Why we chose them
Debt Free Credit Solution stands out as a trusted provider of comprehensive debt management services in Toronto. With over a decade of experience, this company specializes in helping clients regain control of their finances through tailored solutions like debt consolidation, credit counseling, bankruptcy services, and consumer proposals. Their expert team, including Certified Insolvency Counselors, works closely with clients to evaluate their financial situations and negotiate with creditors, ensuring transparent communication and effective strategies to reduce debt, freeze interest rates, and stop collection calls. They emphasize empowering individuals to protect their assets and rebuild their credit for a more secure financial future.
Known for their client-focused approach, Debt Free Credit Solution has earned a reputation for offering reliable and accessible debt solutions. By representing debtors during the consumer proposal process, which is filed by Licensed Insolvency Trustees, the company provides legally binding agreements to lower debt repayment amounts and extend payment schedules up to 60 months. Their expertise in navigating complex financial challenges makes them a valuable resource for individuals seeking long-term relief from overwhelming debt. Whether through customized payment plans or proactive financial recovery tools, this company is committed to supporting clients in achieving financial freedom.
2. Mnp Debt
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5,0/5
90 Eglinton Ave E Suite 410, M4P 2Y3, Toronto
- Bankruptcy service
- Credit counseling service
- Financial consultant
- Insolvency service
Why we chose them
MNP Debt – Licensed Insolvency Trustees Bankruptcy & Consumer Proposals specializes in providing tailored debt relief solutions to individuals and small businesses facing financial challenges. Their team of Licensed Insolvency Trustees, certified by the Canadian government, offers a comprehensive range of services, including bankruptcy services, credit counseling, financial consulting, and insolvency services. By offering free, confidential consultations, the company ensures a non-judgmental and supportive approach to help clients explore options such as consumer proposals, debt consolidation, and informal debt settlements. Their goal is to empower clients with the knowledge and resources needed to achieve a debt-free future.
Conveniently located in Toronto’s midtown area, the company is committed to delivering responsive and professional assistance. Their step-by-step process begins with understanding the client’s unique financial situation, followed by exploring suitable debt relief options, and finally guiding them through the necessary paperwork and obligations to regain financial stability. With a dedicated team and a strong focus on client care, they have earned trust through personalized support, as reflected in glowing testimonials from clients who have successfully navigated challenging financial circumstances.
3. Goldhar & Associates Ltd
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4,8/5
1220 Eglinton Ave W, M6C 2E3, Toronto
- Bankruptcy service
- Credit counseling service
- Insolvency service
- Tax consultant
Why we chose them
Goldhar & Associates Ltd., Licensed Insolvency Trustee stands out as a trusted leader in debt relief services, offering tailored solutions to help individuals and businesses overcome financial challenges. With over $82 million in debt relief provided to clients and more than 150 businesses saved, their expertise spans bankruptcy services, credit counseling, insolvency solutions, and tax consulting. Their team, boasting over 50 years of combined experience, adopts a compassionate, judgment-free approach to resolving issues like credit card debt, tax arrears, student loans, payday loans, car payments, and wage or bank account garnishments. As a Licensed Insolvency Trustee, they possess the legal authority to halt collection calls, remove garnishments, and create binding debt settlements, ensuring clients regain control over their finances swiftly and efficiently.
Known for their motto “Fast, Friendly, Debt Relief,” the company is committed to easing both the financial and emotional burdens caused by debt. Their services extend to personal and corporate debt solutions, empowering small to mid-size businesses to focus on operations while they manage financial recovery. Additionally, their tax resolution expertise, including team members with prior CRA experience, enables them to tackle complex personal and business tax issues effectively. With a proven track record of helping over 6,500 individuals achieve stress-free financial freedom, Goldhar & Associates Ltd. has earned glowing testimonials for their professionalism, personalized guidance, and ability to deliver life-changing results.
4. Harris & Partners Inc
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4,9/5
4789 Yonge St #1208, M2N 0G3, Toronto
- Bankruptcy service
- Insolvency service
Why we chose them
Harris & Partners Inc. specializes in providing comprehensive debt relief solutions, including bankruptcy services and insolvency services, to individuals and businesses in financial distress. Their expert team of Licensed Insolvency Trustees works closely with clients to reduce debt by up to 80% through tailored strategies such as consumer proposals, credit counseling, and debt management plans. With a client-centric approach, they aim to stop creditor calls, protect key assets, and create manageable repayment plans, offering a lifeline to those facing overwhelming financial challenges.
Operating across nine provinces, this organization is committed to providing professional, compassionate support for a wide range of financial issues, from personal unsecured debts to corporate insolvency. Their services cover diverse debt types, including credit card debt, student loans, and tax debt, ensuring customized solutions for every situation. By focusing on education and empowerment, they guide clients toward financial recovery while helping them rebuild their credit and regain control of their financial future.
5. Fong & Partners Inc
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4,9/5
2 Carlton St. #1007, M5B 1J3, Toronto
- Bankruptcy service
- Credit counseling service
Why we chose them
Fong & Partners Inc. stands out as a trusted Licensed Insolvency Trustee located in the heart of downtown Toronto. Specializing in consumer proposal and personal bankruptcy services, the firm provides tailored debt relief solutions under the guidance of experienced professionals. Known for their approachable and non-judgmental approach, they offer free, no-obligation consultations to help individuals facing financial difficulties explore options such as debt consolidation, credit counseling, and legal settlements under the Bankruptcy and Insolvency Act. Their commitment to transparency, education, and client empowerment ensures a clear understanding of every step in the process, making them a reliable partner in navigating complex financial situations.
Highly regarded for their personalized service and expertise, the firm has earned accolades for helping clients rebuild their financial stability with dignity and respect. Their team, led by Victor Fong, is recognized for offering compassionate support and detailed guidance, ensuring clients are fully informed of their options and legal rights. Whether through a consumer proposal to consolidate debts or filing for bankruptcy when other alternatives are not viable, the firm prioritizes crafting affordable and manageable solutions tailored to each individual’s circumstances. This client-centered approach has made them a preferred choice for debt relief services in Toronto and beyond.
6. Bromwich+Smith
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4,9/5
401 Bay St. 16th floor, M5H 2Y4, Toronto
- Bankruptcy service
- Bankruptcy attorney
- Credit counseling service
- Financial advisor
- Financial consultant
- Financial institution
- Insolvency service
Why we chose them
Bromwich+Smith stands out as a trusted partner for Canadians seeking relief from financial distress. Specializing in services such as bankruptcy assistance, credit counseling, and insolvency solutions, the company is led by Licensed Insolvency Trustees who provide government-regulated debt forgiveness programs. With a compassionate and non-judgmental approach, they offer personalized financial recovery plans that aim to reduce debt by up to 80%, helping clients keep their assets and stop interest, penalties, and collection attempts. Their consumer proposals, a popular alternative to bankruptcy, boast a 99% acceptance rate, reflecting their commitment to empowering clients with reliable and effective debt solutions.
With a history of helping Canadians since 2002, this company is known for its high client completion rates and tailored financial strategies that prioritize both education and empowerment. Their services include expert financial advice, debt counseling, and legal processes to discharge unmanageable debt in as little as nine months. Testimonials highlight their empathetic team and supportive environment, making them a go-to choice for those looking to regain financial stability. By focusing on understanding each client’s unique situation, they deliver actionable solutions that foster confidence and long-term financial health.
7. Bankruptcy Canada
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4,3/5
100 King St W, M5X 1C9, Toronto
- Bankruptcy service
- Advertising agency
Why we chose them
Bankruptcy Canada Of Toronto – Find Consumer Proposal & Licensed Insolvency Trustees has been a trusted resource for Canadians seeking debt relief for nearly two decades. Dedicated to offering unbiased information, the company specializes in connecting individuals with Licensed Insolvency Trustees (LITs) who provide free consultations. These experts guide clients through tailored financial solutions, including filing for bankruptcy and consumer proposals, which are legally binding agreements with creditors. The company emphasizes transparency and support, ensuring clients understand their options and make informed decisions to regain financial stability.
With a focus on personalized care, the company offers a comprehensive range of services, including detailed assessments of bankruptcy and consumer proposal processes. From explaining how to file and manage obligations to discussing alternatives like debt consolidation or credit counseling, their experienced staff ensures every client receives the guidance they need. By highlighting the advantages and disadvantages of each solution, the company empowers individuals to navigate financial challenges effectively and confidently.
