BANKRUPTCY TRUSTEE IN CROSSFIELD, ALBERTA
Are you in search of a bankruptcy trustee in Crossfield, to help you through a tough financial situation? Each year, MNP LTD. works with thousands of Canadians to help them manage their financial troubles. 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.
Turn to your local MNP LTD. for our highly customized solutions, and you'll soon understand why Canadians have been turning to us for more than 50 years. Their main goal is to assist you in gaining control of your finances and putting uncontrollable debt behind you. Get in touch with us today if you feel it’s time to take charge of your financial future.
There is 1 office near you
We will outline all of 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. You might even find that viable alternatives to bankruptcy are available to you, such as making a consumer proposal.
When considering which debt solution to choose, ask yourself the following questions:
- 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 guidance you need
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 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 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.
When it comes to selecting a bankruptcy trustee in Crossfield, you can expect MNP LTD. to be there for you throughout the filing process, every step of the way. You can also rest easy knowing that we’ll explore any other options that may be available to you. With our help, we can ensure all your options have been assessed.