BANKRUPTCY TRUSTEE IN YOUNGSTOWN, ALBERTA
Do you need to find a bankruptcy trustee in Youngstown? Every year, MNP LTD. helps thousands of Canadians find a viable way out of debt. We're here to help you through your financial situation, no matter how complex or impossible you may think it to be.
Your local MNP LTD. office in Calgary (Downtown) 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. Get in touch with us today if you feel it’s time to take charge of your financial future.
There is 1 office near you
You may be eligible for a range of debt help solutions
If you're in need of a fresh financial start, filing for bankruptcy may be a viable option. It is governed by the Bankruptcy and Insolvency Act. It's always a good idea to speak with a bankruptcy trustee to go through all the options available to you, and ensure you're making the best possible choice. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
When considering which debt solution to choose, ask yourself the following questions:
- 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 guidance you need
The consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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 Youngstown, then you're already on your way to gaining the helpful and professional advice from MNP LTD. We will also help you consider and assess any other solutions that may be available to you. Together, we can walk you through all your available options.