BANKRUPTCY IN LLOYDMINSTER, ALBERTA
Thinking about declaring bankruptcy in Lloydminster? No matter the level of debt you have, your local MNP LTD. Licensed Insolvency Trustee can offer you solutions. We help thousands of Canadians overcome all types of financial difficulties, and we're here to help you too.
You’ll find a local MNP LTD. office in Cold Lake staffed by knowledgeable and highly experienced professionals who live and work in the same communities as you do. Don’t let debt control your financial future. Call us today and get back on track.
There are 2 offices near you
Could other debt alternatives provide relief?
A legal process that can help free you from most of your debt is filing for bankruptcy in Lloydminster. It is regulated by the Bankruptcy and Insolvency Act. The first and most important step is to contact your
To find out what is best for you, think about your current financial situation.
- Spending more than you earn?
- Facing legal action, such as garnishment?
- Using credit cards for necessities?
- At risk of losing credit card privileges?
- Receiving harassing collection letters or phone calls?
- Stressed out due to financial problems?
If this sounds like you and you are experiencing some or all of the above, contact us today.
We offer the most effective solution for your situation
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 combines your debt into a single monthly repayment so that you can pay off 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 many people experience debt problems often, their first thoughts are declaring bankruptcy. There are of course many alternatives that may be more suitable for your situation. We'll work together to create a plan that works best for you.