BANKRUPTCY TRUSTEE IN FORT SASKATCHEWAN, ALBERTA
Are you searching for a bankruptcy trustee in Fort Saskatchewan? Every year, MNP LTD. helps thousands of Canadians find a viable way out of debt. 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.
At your nearest MNP LTD. location in Sherwood Park, you'll find respectful, approachable professionals equipped with debt solution know-how. Our main goal is to provide you with the professional advice you need to put debt behind you. Call us today to get started on regaining your financial stability.
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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. Bankruptcy is governed 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. It could even be the case that you have viable alternatives to bankruptcy, such as making a consumer proposal.
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 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 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 combines your debt into a single monthly repayment so that you can pay off multiple creditors.
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's time to choose a bankruptcy trustee in Fort Saskatchewan, you can find peace of mind knowing MNP LTD. will take you through the filing process step-by-step. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. Together, we’ll guide you through the available options.