BANKRUPTCY TRUSTEE IN VULCAN, ALBERTA
Are you in search of a bankruptcy trustee in Vulcan? When faced with debt, thousands of Canadians have turned to MNP LTD. for the trusted help they need. 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.
Turn to your local MNP LTD. for our highly customized solutions, and you'll soon understand why Canadians have been turning to us for more than 50 years. They make it their mission to help ensure you regain control of your finances and leave debt problems behind you. Put your financial future back in your hands — contact MNP LTD. today.
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We will outline all of your options
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. Bankruptcy is governed by the Bankruptcy and Insolvency Act. Before beginning, your first step should be to contact your local MNP LTD. bankruptcy trustee, who will assess your situation and outline the paths that can be taken. 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 right solutions
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 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 this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
When you're ready to speak with a bankruptcy trustee in Vulcan, 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 feel good knowing we will discuss any alternatives that may be on the table. Together, we’ll guide you through the available options.