BANKRUPTCY TRUSTEE IN REDWATER, ALBERTA
Do you require a bankruptcy trustee in Redwater? Each year, MNP LTD. works with thousands of Canadians to help them manage their financial troubles. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
Turn to your local MNP LTD. for our highly customized solutions, and you'll soon understand why Canadians have been turning to us for more than 50 years. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Contact us today if you're ready to take the reins on your financial future.
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We can help you weigh your options
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 beginning, your first step should be to contact your local MNP LTD. bankruptcy trustee, who will assess your situation and outline the paths that can be taken. Alternatives to bankruptcy may be available to you, in which can you can assess your options before deciding to go bankrupt or not.
The following should be taken into account when considering the debt solutions available to you:
- 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 simple process that allows you to make arrangements to pay all, or part, 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 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 you're ready to speak with a bankruptcy trustee in Redwater, you can rest easy knowing the professionals at MNP LTD. are here to walk you through every step of the filing process. We will also help you consider and assess any other solutions that may be available to you. With our help, we can ensure all your options have been assessed.