BANKRUPTCY TRUSTEE IN MAGRATH, ALBERTA
Looking to find a bankruptcy trustee in Magrath? Each year, MNP LTD. works with thousands of Canadians to help them manage their financial troubles. Regardless of the financial situation you find yourself in, we can help make the path to solvency possible by working with you to determine the solution that's right for you.
At your nearby MNP LTD. office in Lethbridge, you will be looked after by helpful, understanding professionals with extensive 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. Put your financial future back in your hands — contact MNP LTD. today.
There is 1 office near you
You may be eligible for a range of debt help solutions
If you're in need of a fresh financial start, filing for bankruptcy may be a viable option. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. Before beginning, your first step should be to contact your local MNP LTD. bankruptcy trustee, who will assess your situation and outline the paths that can be taken. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
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.
We're here for you
The consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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.
For a bankruptcy trustee in Magrath you can depend on, turn to MNP LTD.; our professionals will guide you through the filing process from beginning to end. 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.