BANKRUPTCY TRUSTEE IN ARDROSSAN, ALBERTA
Are you in search of a bankruptcy trustee in Ardrossan? Every year, MNP LTD. helps thousands of Canadians find a viable way out of debt. There's no situation too complex for us; so no matter how complex and impossible to fix you may think your financial troubles are, turn to us for a solution that works best for you.
When you stop by your local MNP LTD. office in Sherwood Park, you will be greeted by friendly, experienced professionals with an in-depth knowledge of debt solutions. Their number one priority is to help you take control of your finances and leave unmanageable debt in the past. Contact us today if you're ready to take the reins on your financial future.
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Find out which debt help solutions are available to you
The purpose of filing for bankruptcy is to provide you with a fresh financial start. It is governed by the Bankruptcy and Insolvency Act. The first step should be to speak with your local MNP LTD. bankruptcy trustee, who will take a look at your situation and go over the paths you could take. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
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 consumer proposal is a simple process that allows you to make arrangements to pay all, or part, of your unsecured debts through monthly payments over a specified period of time (up to a maximum of 5 years).
Depending on the total amount of debt you may have, this is an option to speak with your creditors directly and arrange a lower interest rate or 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.
When it comes to choosing a bankruptcy trustee in Ardrossan, you can rest assured that MNP LTD. is here to guide you through the filing process from start to finish. You can also feel confident knowing we will go through any other solutions that you may be able to pursue. With our help, we can ensure all your options have been assessed.