BANKRUPTCY TRUSTEE IN OLDS, ALBERTA
Are you in need of a bankruptcy trustee in Olds? When faced with debt, thousands of Canadians have turned to MNP LTD. for the trusted help they need. No matter how simple or complex your financial situation may be, or even if you feel that solvency seems unfeasible, you can count on us to help pinpoint the right solution for your needs.
At your nearby MNP LTD. office in Calgary (Downtown), you will be looked after by helpful, understanding professionals with extensive debt solution know-how. Their top priority is to help you put your finances back in order and do away with unruly debt. Call us today to get started on regaining your financial stability.
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Find out which debt help solutions are available to you
The process of filing for bankruptcy is designed to reduce or eliminate most of your debts. Bankruptcy is regulated by the Bankruptcy and Insolvency Act. The first step should be to speak with your local MNP LTD. bankruptcy trustee, who will take a look at your situation and go over the paths you could take. Alternatives to bankruptcy may be available to you, in which can you can assess your options before deciding to go bankrupt or not.
In order to arrive at the best remedy for your particular financial situation, it’s important to consider 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 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 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 combines your debt into a single monthly repayment so that you can pay off 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 it comes to selecting a bankruptcy trustee in Olds, you can expect MNP LTD. to be there for you throughout the filing process, every step of the way. 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.