BANKRUPTCY TRUSTEE IN SEXSMITH, ALBERTA
Do you require a bankruptcy trustee in Sexsmith? At MNP LTD., we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. It doesn’t matter how straightforward or complicated your financial situation may be, or even if the path to solvency seems impossible: we’re here to provide the tailored, common-sense solutions you need.
When you visit your local MNP LTD. office in Grande Prairie, you can expect considerate, personalized service from highly-trained debt solution professionals. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Contact us today and get ready for a brighter financial future.
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Let us help you evaluate your options
The goal of filing for bankruptcy is to reduce or free yourself from debt. The Bankruptcy and Insolvency Act regulates the law on bankruptcy. 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. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
In order to arrive at the best remedy for your particular financial situation, it’s important to consider the following:
- 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 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 combines your debt into a single monthly repayment so that you can pay off 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.
The bankruptcy trustee in Sexsmith you need is here at MNP LTD.; when you turn to us, you can rest assured that you will be guided through the filing process every step of the way. Feel confident knowing that with us you'll receive a solution that's been tailored to your particular situation. With our help, we can walk you through all your available options.