BANKRUPTCY TRUSTEE IN RIMBEY, ALBERTA
Are you in need of a bankruptcy trustee in Rimbey? 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.
When you visit the MNP LTD. office nearest you, you can expect attentive service from professionals who are leaders in their field. They are dedicated to making sure your finances are back in your control — and that debt troubles are no longer an issue. Take charge today by giving us a call, and we'll help you regain the financial stability you deserve
There is 1 office near you
We will outline all of your options
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. 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. Alternatives to bankruptcy may be available to you, in which can you can assess your options before deciding to go bankrupt or not.
When considering which debt solution to choose, ask yourself the following questions:
- 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.
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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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.
For a bankruptcy trustee in Rimbey you can depend on, turn to MNP LTD.; our professionals will guide you through the filing process from beginning to end. You can also feel good knowing we will discuss any alternatives that may be on the table. Together, we can walk you through all your available options.