BANKRUPTCY TRUSTEE IN MILK RIVER, ALBERTA
Are you in need of a bankruptcy trustee in Milk River? 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.
When you visit MNP LTD., you'll discover a team of considerate professionals ready to provide you with the personalized help you need to regain your financial stability. 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
Determining the right debt help solution for your needs
The purpose of filing for bankruptcy is to provide you with a fresh financial start. It is regulated 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 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.
The guidance you need
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 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 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 consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
When it's time to choose a bankruptcy trustee in Milk River, 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.