BANKRUPTCY TRUSTEE IN DUCHESS, ALBERTA
Do you need to find a bankruptcy trustee in Duchess? Every year, MNP LTD. helps thousands of Canadians find a viable way out of debt. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
At your nearest MNP LTD. location in Brooks, you'll find respectful, approachable professionals equipped with debt solution know-how. They make it their mission to help ensure you regain control of your finances and leave debt problems behind you. Put your financial future back in your hands — contact MNP LTD. today.
There is 1 office near you
Find out which debt help solutions are available to you
The goal of filing for bankruptcy is to reduce or free yourself from debt. The Bankruptcy and Insolvency Act regulates the law on bankruptcy. First thing's first: you should get in contact with your local MNP LTD. bankruptcy trustee, who will review your financial situation and determine all available options. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
In order to arrive at the best remedy for your particular financial situation, it’s important to consider 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 right solutions
The consumer proposal is a process that helps you pay off your entire debt or an agreed upon portion, either monthly or within a specific period of time (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 consolidates your debt into a single monthly repayment and allows you to repay 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.
For a bankruptcy trustee in Duchess you can depend on, turn to MNP LTD.; our professionals will guide you through the filing process from beginning to end. You can also feel confident knowing we will go through any other solutions that you may be able to pursue. With our help, we can ensure all your options have been assessed.