BANKRUPTCY TRUSTEE IN MANYBERRIES, ALBERTA
Are you in need of a bankruptcy trustee in Manyberries? MNP LTD. assists thousands of Canadians on an annual basis, helping them overcome their struggles with debt. We understand that unfavourable financial situations can arise for a number of different reasons; we also recognize that solvency is possible through tailored solutions.
At your nearest MNP LTD. location in Medicine Hat, you'll find respectful, approachable professionals equipped with debt solution know-how. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Get in touch with us today if you feel it’s time to take charge of your financial future.
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Determining the right debt help solution for your needs
The purpose of filing for bankruptcy is to provide you with a fresh financial start. Bankruptcy is governed 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 could be just what you need to discover the best options available to you -- because a good decision is an informed one.
In order to determine the best solution for your financial situation, it's important to contemplate 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.
We're here for you
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 debt you have, it may be possible for you to contact your creditors directly and negotiate 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.
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 comes to choosing a bankruptcy trustee in Manyberries, you can rest assured that MNP LTD. is here to guide you through the filing process from start to finish. Feel confident knowing that with us you'll receive a solution that's been tailored to your particular situation. With our help, we can ensure all your options have been assessed.