BANKRUPTCY TRUSTEE IN EDMONTON, ALBERTA
Are you in search of a bankruptcy trustee in Edmonton, to help you through a tough financial situation? MNP LTD. assists thousands of Canadians on an annual basis, helping them overcome their struggles with debt. 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.
At your nearby MNP LTD. office in Edmonton (North East), you will be looked after by helpful, understanding professionals with extensive debt solution know-how. Our goal is to provide you with expert advice to help you make debt a thing of the past. Contact us today if you're ready to take the reins on your financial future.
There are 5 offices near you
We will outline all of your options
The purpose of filing for bankruptcy is to provide you with a fresh financial start. Bankruptcy is regulated by the Bankruptcy and Insolvency Act. Before beginning, your first step should be to contact your local MNP LTD. bankruptcy trustee, who will assess your situation and outline the paths that can be taken. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
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 right solutions
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 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 this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
When it comes to selecting a bankruptcy trustee in Edmonton, you can expect MNP LTD. to be there for you throughout the filing process, every step of the way. We will also help you consider and assess any other solutions that may be available to you. Together, we can walk you through all your available options.