BANKRUPTCY TRUSTEE IN BOWDEN, ALBERTA
Do you require a bankruptcy trustee in Bowden? When faced with debt, thousands of Canadians have turned to MNP LTD. for the trusted help they need. We're here to help you through your financial situation, no matter how complex or impossible you may think it to be.
When you stop by your local MNP LTD. office in Red Deer, you will be greeted by friendly, experienced professionals with an in-depth knowledge of debt solutions. 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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We can help you weigh your options
The process of filing for bankruptcy is designed to reduce or eliminate most of your debts. Bankruptcy is governed by the Bankruptcy and Insolvency Act. It's always a good idea to speak with a bankruptcy trustee to go through all the options available to you, and ensure you're making the best possible choice. 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.
A consumer proposal allows you to make arrangements to pay some or all 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 consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
Under this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
When it comes to selecting a bankruptcy trustee in Bowden, you can expect MNP LTD. to be there for you throughout the filing process, every step of the way. You can also feel good knowing we will discuss any alternatives that may be on the table. Together, we’ll guide you through the available options.