BANKRUPTCY TRUSTEE IN LITTLE BUFFALO LAKE, ALBERTA
Are you in search of a bankruptcy trustee in Little Buffalo Lake? At MNP LTD., we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. 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 Peace River, you'll find respectful, approachable professionals equipped with debt solution know-how. They are dedicated to making sure your finances are back in your control — and that debt troubles are no longer an issue. Contact us today and get ready for a brighter financial future.
There is 1 office near you
We can help you weigh your options
If you're in need of a fresh financial start, filing for bankruptcy may be a viable option. It is governed by the Bankruptcy and Insolvency Act. Before starting, the first thing you should do is reach out to your local MNP LTD. bankruptcy trustee, who will evaluate your situation and explain the options available to you. You might even find that viable alternatives to bankruptcy are available to you, such as making a consumer proposal.
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 consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
When you're ready to speak with a bankruptcy trustee in Little Buffalo Lake, you can rest easy knowing the professionals at MNP LTD. are here to walk you through every step of the filing process. You can also trust that we will explore any other paths that you may be able to take. With our help, we can walk you through all your available options.