BANKRUPTCY TRUSTEE IN COALDALE, ALBERTA
Are you in search of a bankruptcy trustee in Coaldale? MNP LTD. assists thousands of Canadians on an annual basis, helping them overcome their struggles with debt. It doesn’t matter how straightforward or complicated your financial situation may be, or even if the path to solvency seems impossible: we’re here to provide the tailored, common-sense solutions you need.
At your nearby MNP LTD. office in Lethbridge, you will be looked after by helpful, understanding professionals with extensive debt solution know-how. Their top priority is to help you put your finances back in order and do away with unruly debt. Put your financial future back in your hands — contact MNP LTD. today.
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We can help you weigh your options
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. It is governed by the Bankruptcy and Insolvency Act. Before beginning, your first step should be to contact your local MNP LTD. bankruptcy trustee, who will assess your situation and outline the paths that can be taken. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
The following should be considered when determining best solution to your financial troubles:
- 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 simple process that allows you to make arrangements to pay all, or part, 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.
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.
The bankruptcy trustee in Coaldale 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 also feel good knowing we will discuss any alternatives that may be on the table. Together, we’ll guide you through the available options.