BANKRUPTCY TRUSTEE IN BOW ISLAND, ALBERTA
Do you need to find a bankruptcy trustee in Bow Island? Every year, MNP LTD. helps thousands of Canadians find a viable way out of debt. We can help you get through tough times by outlining all of your options and helping you choose the solution that's right for you.
At your nearest MNP LTD. location in Medicine Hat, you'll find respectful, approachable professionals equipped with debt solution know-how. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Get in touch with us today if you feel it’s time to take charge of your financial future.
There is 1 office near you
We will outline all of your options
The bankruptcy-filing process helps give individuals experiencing financial troubles a fresh financial start. It is regulated by the Bankruptcy and Insolvency Act. Before you begin, you should visit your local MNP LTD. bankruptcy trustee, who will evaluate your situation and walk you through all available options. You might even find that viable alternatives to bankruptcy are available to you, such as making a consumer proposal.
When evaluating your options, take the following into consideration:
- 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.
We're here to help
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 amount of debt you have, it may be possible for you to contact your creditors directly and negotiate 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 consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
When you're ready to speak with a bankruptcy trustee in Bow Island, you can rest easy knowing the professionals at MNP LTD. are here to walk you through every step of the filing process. You can also trust that we will explore any other paths that you may be able to take. With our help, we can walk you through all your available options.