BANKRUPTCY TRUSTEE IN BURDETT, ALBERTA
Are you searching for a bankruptcy trustee in Burdett? At MNP LTD., we pride ourselves on helping thousands of Canadians each year overcome their financial troubles -- and we want to help you too. 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 Medicine Hat, you will be looked after by helpful, understanding professionals with extensive debt solution know-how. Their main goal is to assist you in gaining control of your finances and putting uncontrollable debt behind you. Call us today to get started on regaining your financial stability.
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Let us help you evaluate your options
The purpose of filing for bankruptcy is to provide you with a fresh financial start. 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.
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
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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.
When it comes to choosing a bankruptcy trustee in Burdett, 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. Together, we can walk you through all your available options.