BANKRUPTCY TRUSTEE IN PENTICTON, BRITISH COLUMBIA
Are you in search of a bankruptcy trustee in Penticton? MNP LTD. has helped numerous Canadians put their debt behind them — and we can help you, too. We understand that unfavourable financial situations can arise for a number of different reasons; we also recognize that solvency is possible through tailored solutions.
Your local MNP LTD. office in Kelowna is your source for friendly, courteous, professionally-trained debt solution professionals. They make it their mission to help ensure you regain control of your finances and leave debt problems behind you. Get in touch with us today if you feel it’s time to take charge of your financial future.
There are 2 offices near you
Let us help you evaluate your options
When it comes to filing for bankruptcy, the goal is to lessen or eliminate most or all of your debts. Bankruptcy is regulated by the Bankruptcy and Insolvency Act. The first step should be to speak with your local MNP LTD. bankruptcy trustee, who will take a look at your situation and go over the paths you could take. You might even find that viable alternatives to bankruptcy are available to you, such as making a consumer proposal.
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
The consumer proposal simply allows you to make arrangements to pay all — or part — of your unsecured debts through monthly payments over a defined period of time (up to a 5-year maximum).
Depending on the amount of debt you’ve accumulated, you may have the option to talk with your creditors directly and reduce your interest rate or arrange a payment schedule that fits your circumstances.
With debt consolidation, you’ll be able to combine all your debt into one monthly repayment, which will allow you to repay multiple creditors.
For a bankruptcy trustee in Penticton you can depend on, turn to MNP LTD.; our professionals will guide you through the filing process from beginning to end. You can also feel confident knowing we will go through any other solutions that you may be able to pursue. With our help, we can ensure all your options have been assessed.