BANKRUPTCY TRUSTEE IN ROCKYFORD, ALBERTA
Are you searching for a bankruptcy trustee in Rockyford? MNP LTD. assists thousands of Canadians on an annual basis, helping them overcome their struggles with debt. Regardless of the financial situation you find yourself in, we can help make the path to solvency possible by working with you to determine the solution that's right for you.
Your local MNP LTD. office in Calgary (Downtown) is your source for friendly, courteous, professionally-trained debt solution professionals. Their top priority is to help you put your finances back in order and do away with unruly debt. Put your financial future back in your hands — contact MNP LTD. today.
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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. Bankruptcy is governed by the Bankruptcy and Insolvency Act. Your initial step should be to get in touch with your local MNP LTD. bankruptcy trustee, who will review your situation and outline your options. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
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 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 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 the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
When you're ready to speak with a bankruptcy trustee in Rockyford, you can rest easy knowing the professionals at MNP LTD. are here to walk you through every step of the filing process. You can also rest easy knowing that we’ll explore any other options that may be available to you. Together, we’ll guide you through the available options.