BANKRUPTCY TRUSTEE IN PEACE RIVER, ALBERTA
Do you need to find a bankruptcy trustee in Peace River? At MNP LTD., we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. We're here to help you through your financial situation, no matter how complex or impossible you may think it to be.
At your nearest MNP LTD. location in Peace River, you'll find respectful, approachable professionals equipped with debt solution know-how. Their number one priority is to help you take control of your finances and leave unmanageable debt in the past. Call us today to get started on regaining your financial stability.
There is 1 office near you
You may be eligible for a range of debt help solutions
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. First thing's first: you should get in contact with your local MNP LTD. bankruptcy trustee, who will review your financial situation and determine all available options. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
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
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 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 allows you to pull all your debt into one primary monthly repayment which can be repaid to 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 selecting a bankruptcy trustee in Peace River, you can expect MNP LTD. to be there for you throughout the filing process, every step of the way. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. Together, we’ll guide you through the available options.