BANKRUPTCY TRUSTEE IN GRIMSHAW, ALBERTA
Looking to find a bankruptcy trustee in Grimshaw? When faced with debt, thousands of Canadians have turned to MNP LTD. for the trusted help they need. We understand that unfavourable financial situations can arise for a number of different reasons; we also recognize that solvency is possible through tailored solutions.
When you visit your local MNP LTD. office in Peace River, you can expect considerate, personalized service from highly-trained debt solution professionals. Our main goal is to provide you with the professional advice you need to put debt behind you. Contact us today if you're ready to take the reins on your financial future.
There is 1 office near you
We will outline all of your options
When it comes to filing for bankruptcy, the goal is to lessen or eliminate most or all of your debts. In Canada, 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. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
When considering which debt solution to choose, ask yourself the following questions:
- 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.
A consumer proposal allows you to make arrangements to pay some or all 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 combines your debt into a single monthly repayment so that you can pay off multiple creditors.
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 you're ready to speak with a bankruptcy trustee in Grimshaw, you can rest easy knowing the professionals at MNP LTD. are here to walk you through every step of the filing process. Feel confident knowing that with us you'll receive a solution that's been tailored to your particular situation. Together, we’ll guide you through the available options.