BANKRUPTCY TRUSTEE IN MILK RIVER, ALBERTA
Are you in need of a bankruptcy trustee in Milk River? Each year, MNP LTD. works with thousands of Canadians to help them manage their financial troubles. 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 stop by your local MNP LTD. office in Lethbridge, you will be greeted by friendly, experienced professionals with an in-depth knowledge of debt solutions. They make it their mission to help ensure you regain control of your finances and leave debt problems behind you. There's no better time to take charge of your financial future — contact us now.
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Determining the right debt help solution for your needs
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. It is governed 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 might even find that viable alternatives to bankruptcy are available to you, such as making a consumer proposal.
When evaluating your options, take the following into consideration:
- 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 right solutions
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 consolidates your debt into a single monthly repayment and allows you to repay 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 Milk River, you can rest easy knowing the professionals at MNP LTD. are here to walk you through every step of the filing process. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. With our help, we can ensure all your options have been assessed.