BANKRUPTCY IN AIRDRIE, ALBERTA
Are you considering declaring bankruptcy in Airdrie? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD. Licensed Insolvency Trustee. Thousands of Canadians experience financial hardship every year, and for more than 50 years we have been there to help and provide solutions.
You’ll find a local MNP LTD. office in Airdrie staffed by knowledgeable and highly experienced professionals who live and work in the same communities as you do. Don't let having debt encompass your life. You have options; discover them with MNP LTD. today.
There is 1 office near you
What is your best course of action?
A legal process, bankruptcy can help reduce the majority of your debts. It is regulated by the Bankruptcy and Insolvency Act. The first and most important step is to contact your
To determine the best course of action, 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.
How your situation can benefit from our 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 the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate 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 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.
The first thought people have when confronted with debt problems is declaring bankruptcy. You may be interested to learn that there may be more suitable solutions to your situation that you may not yet have considered. Together, we can work out a solution that's best for you.