BANKRUPTCY TRUSTEE IN NORDEGG, ALBERTA
Are you searching for a bankruptcy trustee in Nordegg? MNP LTD. has helped numerous Canadians put their debt behind them — and we can help you, too. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
When you visit the MNP LTD. office nearest you, you can expect attentive service from professionals who are leaders in their field. Their top priority is to help you put your finances back in order and do away with unruly debt. 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
If you're in need of a fresh financial start, filing for bankruptcy may be a viable option. Bankruptcy 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. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
The following should be considered when determining best solution to your financial troubles:
- 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
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 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 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 it's time to choose a bankruptcy trustee in Nordegg, you can find peace of mind knowing MNP LTD. will take you through the filing process step-by-step. You can also feel good knowing we will discuss any alternatives that may be on the table. With our help, we can walk you through all your available options.