BANKRUPTCY TRUSTEE IN CARMANGAY, ALBERTA
Do you need the help of a bankruptcy trustee in Carmangay? When faced with debt, thousands of Canadians have turned to MNP LTD. for the trusted help they need. We understand that unfavourable financial situations can arise for a number of different reasons; we also recognize that solvency is possible through tailored solutions.
When you visit your local MNP LTD. office in Lethbridge, you can expect considerate, personalized service from highly-trained debt solution professionals. Our goal is to provide you with expert advice to help you make debt a thing of the past. There's no better time to take charge of your financial future — contact us now.
There is 1 office near you
We will outline all of your options
When it comes to filing for bankruptcy, the goal is to lessen or eliminate most or all of your debts. The Bankruptcy and Insolvency Act regulates the law on bankruptcy. First thing's first: you should get in contact with your local MNP LTD. bankruptcy trustee, who will review your financial situation and determine all available options. It could even be the case that you have viable alternatives to bankruptcy, such as making a consumer proposal.
In order to arrive at the best remedy for your particular financial situation, it’s important to consider 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 right solutions
The consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (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 consolidates your debt into a single monthly repayment and allows you to repay 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.
If you're ready to speak with a bankruptcy trustee in Carmangay, then you're already on your way to gaining the helpful and professional advice from MNP LTD. You can also be sure that we will review any alternatives that you may qualify for. Together, we can walk you through all your available options.