BANKRUPTCY TRUSTEE IN DIDSBURY, ALBERTA
Do you require a bankruptcy trustee in Didsbury? At MNP LTD., we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. We can help you get through tough times by outlining all of your options and helping you choose the solution that's right for you.
When you stop by your local MNP LTD. office in Calgary (Downtown), you will be greeted by friendly, experienced professionals with an in-depth knowledge of debt solutions. 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.
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Determining the right debt help solution for your needs
The goal of filing for bankruptcy is to reduce or free yourself from debt. 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. 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 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 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 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 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.
If you're ready to speak with a bankruptcy trustee in Didsbury, 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.