BANKRUPTCY TRUSTEE IN BEISEKER, ALBERTA
Are you in search of a bankruptcy trustee in Beiseker? You're not alone: each year, thousands of Canadians find themselves facing financial trouble, which is why they turn to MNP LTD. for help. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
At your nearby MNP LTD. office in Calgary (Downtown), you will be looked after by helpful, understanding professionals with extensive debt solution know-how. Our main goal is to provide you with the professional advice you need to put debt behind you. Call us today to get started on regaining your financial stability.
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Determining the right debt help solution for your needs
Filing for bankruptcy can help you gain a new financial start. Bankruptcy 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. Alternatives to bankruptcy may be available to you, in which can you can assess your options before deciding to go bankrupt or not.
When considering which debt solution to choose, ask yourself the following questions:
- 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 process that helps you pay off your entire debt or an agreed upon portion, either monthly or within a specific period of time (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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
Under the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
When it comes to selecting a bankruptcy trustee in Beiseker, you can expect MNP LTD. to be there for you throughout the filing process, every step of the way. We will also help you consider and assess any other solutions that may be available to you. Together, we’ll guide you through the available options.