BANKRUPTCY TRUSTEE IN STIRLING, ALBERTA
Are you in search of a bankruptcy trustee in Stirling, to help you through a tough financial situation? You're not alone: each year, thousands of Canadians find themselves facing financial trouble, which is why they turn to MNP LTD. for help. 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.
When you visit MNP LTD., you'll discover a team of considerate professionals ready to provide you with the personalized help you need to regain your financial stability. 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 process of filing for bankruptcy is designed to reduce or eliminate most of your debts. 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. It could even be the case that you have viable alternatives to bankruptcy, such as making a consumer proposal.
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 simple process that allows you to make arrangements to pay all, or part, of your unsecured debts through monthly payments over a specified period of time (up to a maximum of 5 years).
Depending on how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
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.
If you're ready to speak with a bankruptcy trustee in Stirling, you can rest assured you're well on your way to receiving sound professional advice you can count on. You can also feel confident knowing we will go through any other solutions that you may be able to pursue. Together, we can walk you through all your available options.