BANKRUPTCY TRUSTEE IN WETASKIWIN, ALBERTA
Are you in search of a bankruptcy trustee in Wetaskiwin, to help you through a tough financial situation? At MNP LTD., we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. There's no situation too complex for us; so no matter how complex and impossible to fix you may think your financial troubles are, turn to us for a solution that works best for you.
Your local MNP LTD. office in Leduc is your source for friendly, courteous, professionally-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. There's no better time to take charge of your financial future — contact us now.
There is 1 office near you
You may be eligible for a range of debt help solutions
The goal of filing for bankruptcy is to reduce or free yourself from debt. Bankruptcy is regulated by the Bankruptcy and Insolvency Act. 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. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
In order to determine the best solution for your financial situation, it's important to contemplate 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.
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 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 it's time to choose a bankruptcy trustee in Wetaskiwin, you can find peace of mind knowing MNP LTD. will take you through the filing process step-by-step. We will also help you consider and assess any other solutions that may be available to you. With our help, we can walk you through all your available options.