BANKRUPTCY TRUSTEE IN COLD LAKE, ALBERTA
Are you in search of a bankruptcy trustee in Cold Lake? You're not alone: each year, thousands of Canadians find themselves facing financial trouble, which is why they turn to MNP LTD. for help. There's no situation too complex for us; so no matter how complex and impossible to fix you may think your financial troubles are, turn to us for a solution that works best for you.
When you visit your local MNP LTD. office in Cold Lake, you can expect considerate, personalized service from highly-trained debt solution professionals. Their main goal is to assist you in gaining control of your finances and putting uncontrollable debt behind you. There's no better time to take charge of your financial future — contact us now.
There is 1 office near you
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 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. It could be just what you need to discover the best options available to you -- because a good decision is an informed one.
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 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 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.
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 Cold Lake, you can rest assured you're well on your way to receiving sound professional advice you can count on. You can also feel good knowing we will discuss any alternatives that may be on the table. With our help, we can ensure all your options have been assessed.