Episode
Drowning in Debt? Here's What a Licensed Insolvency Trustee Can Do for You
- Published
- Jun 24, 2026
- Duration seconds
- 765
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Summary
If you're struggling with debt you can't manage, a Licensed Insolvency Trustee (LIT) may be the most powerful resource you've never heard of. Caryl Newbery-Mitchell, Senior Vice President at MNP's Consumer Insolvency Practice, Canada's largest insolvency firm, explains what situations lead people to seek help, how a consumer proposal works, what an LIT can and can't do, and how to tell a legitimate trustee apart from the predatory debt advisors flooding social media. Connect with Caryl on Facebook, Instagram, LinkedIn, YouTube, X, TikTok, and Reddit.