BANKRUPTCY TRUSTEE IN CARMANGAY, ALBERTA
Looking to find a bankruptcy trustee in Carmangay? Every year, MNP LTD. helps thousands of Canadians find a viable way out of debt. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
When you visit MNP LTD., you'll discover a team of considerate professionals ready to provide you with the personalized help you need to regain your financial stability. 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.
There is 1 office near you
You may be eligible for a range of debt help solutions
If you're in need of a fresh financial start, filing for bankruptcy may be a viable option. It is governed by the Bankruptcy and Insolvency Act. Before starting, the first thing you should do is reach out to your local MNP LTD. bankruptcy trustee, who will evaluate your situation and explain the options available to you. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
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.
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 how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
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's time to choose a bankruptcy trustee in Carmangay, you can find peace of mind knowing MNP LTD. will take you through the filing process step-by-step. You can also trust that we will explore any other paths that you may be able to take. Together, we can walk you through all your available options.