BANKRUPTCY TRUSTEE IN RIMBEY, ALBERTA
Do you need to find a bankruptcy trustee in Rimbey? At MNP LTD., we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. We can help you get through tough times by outlining all of your options and helping you choose the solution that's right for you.
At your nearby MNP LTD. office in Red Deer, you will be looked after by helpful, understanding professionals with extensive debt solution know-how. They are dedicated to making sure your finances are back in your control — and that debt troubles are no longer an issue. Contact us today and get ready for a brighter financial future.
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Determining the right debt help solution for your needs
The goal of filing for bankruptcy is to reduce or free yourself from debt. It is regulated by the Bankruptcy and Insolvency Act. It's always a good idea to speak with a bankruptcy trustee to go through all the options available to you, and ensure you're making the best possible choice. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
The following should be considered when determining best solution to your financial troubles:
- 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 process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (up to a maximum of 5 years).
Depending on the amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.
Debt consolidation consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
When it comes to choosing a bankruptcy trustee in Rimbey, you can rest assured that MNP LTD. is here to guide you through the filing process from start to finish. You can also feel confident knowing we will go through any other solutions that you may be able to pursue. With our help, we can walk you through all your available options.