BANKRUPTCY TRUSTEE IN CORONATION, ALBERTA
Do you need to find a bankruptcy trustee in Coronation? At MNP LTD., we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. Regardless of the financial situation you find yourself in, we can help make the path to solvency possible by working with you to determine the solution that's right for you.
At your nearest MNP LTD. location in Red Deer, you'll find respectful, approachable professionals equipped with debt solution know-how. 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.
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Find out which debt help solutions are available to you
The goal of filing for bankruptcy is to reduce or free yourself from debt. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. It's always a good idea to speak with a bankruptcy trustee to go through all the options available to you, and ensure you're making the best possible choice. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
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.
We're here for you
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 your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up 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.
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 comes to choosing a bankruptcy trustee in Coronation, you can rest assured that MNP LTD. is here to guide you through the filing process from start to finish. Feel confident knowing that with us you'll receive a solution that's been tailored to your particular situation. Together, we’ll guide you through the available options.