BANKRUPTCY TRUSTEE IN PONOKA, ALBERTA
Are you searching for a bankruptcy trustee in Ponoka? Each year, MNP LTD. works with thousands of Canadians to help them manage their financial troubles. There's no situation too complex for us; so no matter how complex and impossible to fix you may think your financial troubles are, turn to us for a solution that works best for you.
Your local MNP LTD. office in Red Deer is your source for friendly, courteous, professionally-trained debt solution professionals. Our main goal is to provide you with the professional advice you need to put debt behind you. Contact us today if you're ready to take the reins on your financial future.
There is 1 office near you
You may be eligible for a range of debt help solutions
When it comes to filing for bankruptcy, the goal is to lessen or eliminate most or all of your debts. It is governed by the Bankruptcy and Insolvency Act. To ensure you're making the best possible choice, a bankruptcy trustee will be happy to work with to review your options. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
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 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 allows you to pull all your debt into one primary monthly repayment which can be repaid to 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.
If you're ready to speak with a bankruptcy trustee in Ponoka, you can rest assured you're well on your way to receiving sound professional advice you can count on. We will also help you consider and assess any other solutions that may be available to you. Together, we can walk you through all your available options.