BANKRUPTCY TRUSTEE IN GRANDE PRAIRIE, ALBERTA
Are you in need of a bankruptcy trustee in Grande Prairie? 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.
When you visit MNP LTD., you'll discover a team of considerate professionals ready to provide you with the personalized help you need to regain your financial stability. They are dedicated to making sure your finances are back in your control — and that debt troubles are no longer an issue. Take charge today by giving us a call, and we'll help you regain the financial stability you deserve
There is 1 office near you
We can help you weigh your options
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. Bankruptcy is regulated by the Bankruptcy and Insolvency Act. To ensure you're making the best possible choice, a bankruptcy trustee will be happy to work with to review your options. Alternatives to bankruptcy may be available to you, in which can you can assess your options before deciding to go bankrupt or not.
The following should be taken into account when considering the debt solutions available to you:
- 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 guidance you need
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 your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up 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.
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 Grande Prairie, you can find peace of mind knowing MNP LTD. will take you through the filing process step-by-step. You can also feel good knowing we will discuss any alternatives that may be on the table. Together, we’ll guide you through the available options.