Filing for Bankruptcy in Blackfalds, Alberta
Considering declaring bankruptcy in Blackfalds? No matter how bad or overwhelming your debt might seem, there are always solutions - and your MNP LTD. Licensed Insolvency Trustee can help. Every year, we help thousands of Canadians work through financial difficulties at all levels and we can help you too.
Our local MNP LTD. office in Red Deer employs knowledgeable and courteous professionals with experience in filing for bankruptcy that work and live in the same communities as you. Debt problems shouldn't control your life. Call us today and get back on track.
There is 1 office near you
What is your best course of action?
A legal process, filing for bankruptcy can help reduce the majority of your debts. It is regulated by the Bankruptcy and Insolvency Act. The first step is to contact your local MNP LTD. Licensed Insolvency Trustee, who will discuss and explain all of your options based on the assessment of your debt situation. In many cases, people find declaring Bankruptcy is not required for their financial situation; instead, they follow one of the alternative solutions we offer.
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.
Our debt solutions are personalized
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 amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up 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.
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.
When many people experience debt problems often, their first thoughts are filing for 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.