BANKRUPTCY TRUSTEE IN CLARESHOLM, ALBERTA
Are you in need of a bankruptcy trustee in Claresholm? At MNP LTD., we pride ourselves on helping thousands of Canadians each year overcome their financial troubles -- and we want to help you too. No matter how simple or complex your financial situation may be, or even if you feel that solvency seems unfeasible, you can count on us to help pinpoint the right solution for your needs.
When you visit the MNP LTD. office nearest you, you can expect attentive service from professionals who are leaders in their field. Their top priority is to help you put your finances back in order and do away with unruly debt. There's no better time to take charge of your financial future — contact us now.
There is 1 office near you
Find out which debt help solutions are available to you
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. The first step should be to speak with your local MNP LTD. bankruptcy trustee, who will take a look at your situation and go over the paths you could take. Alternatives to bankruptcy may be available to you, in which can you can assess your options before deciding to go bankrupt or not.
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.
The right solutions
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 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 will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
The bankruptcy trustee in Claresholm you need is here at MNP LTD.; when you turn to us, you can rest assured that you will be guided through the filing process every step of the way. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. With our help, we can ensure all your options have been assessed.