BANKRUPTCY TRUSTEE IN GRIMSHAW, ALBERTA
Are you in need of a bankruptcy trustee in Grimshaw? 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.
At your nearest MNP LTD. location in Peace River, you'll find respectful, approachable professionals equipped with debt solution know-how. Our goal is to provide you with expert advice to help you make debt a thing of the past. Take charge today by giving us a call, and we'll help you regain the financial stability you deserve
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Let us help you evaluate your options
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. Bankruptcy is governed 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 arrive at the best remedy for your particular financial situation, it’s important to consider 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 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 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 it's time to choose a bankruptcy trustee in Grimshaw, you can find peace of mind knowing MNP LTD. will take you through the filing process step-by-step. You can also be sure that we will review any alternatives that you may qualify for. Together, we’ll guide you through the available options.