BANKRUPTCY TRUSTEE IN LLOYDMINSTER, ALBERTA
Do you need the help of a bankruptcy trustee in Lloydminster? Each year, MNP LTD. works with thousands of Canadians to help them manage their financial troubles. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
Your local MNP LTD. office in Cold Lake is your source for friendly, courteous, professionally-trained debt solution professionals. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Put your financial future back in your hands — contact MNP LTD. today.
There are 2 offices near you
Let us help you evaluate your options
The process of filing for bankruptcy is designed to reduce or eliminate most of your debts. The Bankruptcy and Insolvency Act regulates the law on bankruptcy. Your initial step should be to get in touch with your local MNP LTD. bankruptcy trustee, who will review your situation and outline your options. Discover the options available to you and make an informed choice on your financial future.
In order to determine the best solution for your financial situation, it's important to contemplate the following:
- Do you regularly spend more than you earn?
- Are you facing legal action (e.g. garnishment)?
- Do you use your credit card for everyday necessities?
- Are you at risk of having your credit card revoked?
- Have you been receiving collection letters or phone calls from your creditors?
- Are your financial struggles causing you stress?
If any of these questions ring true for you, it’s time to talk to our dedicated debt professionals.
The guidance you need
The consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (up to a maximum of 5 years).
Depending on the amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.
Debt consolidation combines your debt into a single monthly repayment so that you can pay off multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
For a bankruptcy trustee in Lloydminster you can depend on, turn to MNP LTD.; our professionals will guide you through the filing process from beginning to end. You can also trust that we will explore any other paths that you may be able to take. Together, we can walk you through all your available options.