In Financial Distress?
You are not alone. A CIRP-designated Licensed Insolvency Trustee (LIT) can help you understand your financial position and the options available to you, and put you on the path towards permanent, life-changing debt relief.
With so many debt relief methods to choose from, it can be hard to know which one is right for you. Learn about the various debt relief options and how they can apply to you.
Whether you’re a small business, self-employed or a large corporation, we’ve provided an overview of the different debt management options to ensure the viability of your business.
With years of specialized education and training, CIRPs are uniquely qualified to help you choose the right solution to solve your debt problems.
CAIRP members adhere to the highest ethics and standards to ensure public trust and confidence. Learn more about their professional obligations.
Get help.
Connect with a CIRP-designated Licensed Insolvency Trustee.
A CIRP-designated Licensed Insolvency Trustee is a specialist who provides advice and services to individuals and businesses with debt problems. They provide personalized, practical and timely solutions.
Find a CIRP
Welcome to the official blog of the Canadian Association of Insolvency and Restructuring Professionals! We hope you will enjoy insightful and informative posts by our team of expert bloggers on a wide range of topics, including individual, small business and corporate insolvencies, budgeting, financial planning, credit rebuilding and other money management tips for anyone looking to live a debt free life.
July 9, 2025
TORONTO – July 9, 2025 – The latest data from the Office of the Superintendent of Bankruptcy (OSB) show consumer insolvencies rose modestly in May 2025, up 3.1% compared to April. There were 12,...
Learn More
Noah Litwack, CIRP, LIT (with contributions from Michael Baigel and Jeremy Kroll)
May 15, 2025
Most Canadians do not start their small businesses when they are flush with cash to invest (or burn, as the case may be). Therefore, debt is often a necessary tool for small businesses to launch, maintain...
Learn More
Colleen Craig, CPA, CA, FCIRP, LIT
April 11, 2025
Starting in early 2025, Canadian businesses, both small and large, have faced significant challenges due to escalating trade tensions with the United States. Watching the ever-changing headlines from one...
Learn More
View all blogs
Welcome to the official blog of the Canadian Association of Insolvency and Restructuring Professionals! We hope you will enjoy insightful and informative posts by our team of expert bloggers on a wide range of topics, including individual, small business and corporate insolvencies, budgeting, financial planning, credit rebuilding and other money management tips for anyone looking to live a debt free life.
July 9, 2025
TORONTO – July 9, 2025 – The latest data from the Office of the Superintendent of Bankruptcy (OSB) show consumer insolvencies rose modestly in May 2025, up 3.1% compared to April. There were 12,...
Learn More
Noah Litwack, CIRP, LIT (with contributions from Michael Baigel and Jeremy Kroll)
May 15, 2025
Most Canadians do not start their small businesses when they are flush with cash to invest (or burn, as the case may be). Therefore, debt is often a necessary tool for small businesses to launch, maintain...
Learn More
Colleen Craig, CPA, CA, FCIRP, LIT
April 11, 2025
Starting in early 2025, Canadian businesses, both small and large, have faced significant challenges due to escalating trade tensions with the United States. Watching the ever-changing headlines from one...
Learn More
View all blogs