BANKRUPTCY TRUSTEE IN ST. ALBERT, ALBERTA
Do you need the help of a bankruptcy trustee in St. Albert? At MNP LTD., we pride ourselves on helping thousands of Canadians each year overcome their financial troubles -- and we want to help you too. 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 St. Albert is your source for friendly, courteous, professionally-trained debt solution professionals. Our main goal is to provide you with the professional advice you need to put debt behind you. Call us today to get started on regaining your financial stability.
There is 1 office near you
We can help you weigh your options
The bankruptcy-filing process helps give individuals experiencing financial troubles a fresh financial start. It is regulated by the Bankruptcy and Insolvency Act. First thing's first: you should get in contact with your local MNP LTD. bankruptcy trustee, who will review your financial situation and determine all available options. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
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 right solutions
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 amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule that works for you.
Debt consolidation consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
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.
If you're ready to speak with a bankruptcy trustee in St. Albert, then you're already on your way to gaining the helpful and professional advice from MNP LTD. 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.