BANKRUPTCY TRUSTEE IN GRANDE PRAIRIE, ALBERTA
Are you searching for a bankruptcy trustee in Grande Prairie? MNP LTD. assists thousands of Canadians on an annual basis, helping them overcome their struggles with debt. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
When you stop by your local MNP LTD. office in Grande Prairie, 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. Contact us today and get ready for a brighter financial future.
There is 1 office near you
We will outline all of your options
Filing for bankruptcy can help you gain a new financial start. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. Before you begin, you should visit your local MNP LTD. bankruptcy trustee, who will evaluate your situation and walk you through all available options. 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 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 how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
Debt consolidation combines your debt into a single monthly repayment so that you can pay off multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
For a bankruptcy trustee in Grande Prairie 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. Together, we can walk you through all your available options.