BANKRUPTCY IN BURDETT, ALBERTA
Considering declaring bankruptcy in Burdett? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. Every year, we help thousands of Canadians work through financial difficulties at all levels and we can help you too.
You can find an MNP LTD. office in Medicine Hat that is staffed with professionally trained debt solution experts. Don’t allow debt to consume your life. There are options -- discover them with MNP LTD. now.
There is 1 office near you
Is it time to consider other debt help options?
When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Burdett. It is regulated by the Bankruptcy and Insolvency Act. The first thing to do is to speak with your local MNP LTD. Licensed Insolvency Trustee to determine your best course of action. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.
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.
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 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 consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
Most people feel that with their debt piling up, declaring bankruptcy is the best course of action. However, there are many solutions that may be better suited to your particular financial situation. We'll work together to create a plan that works best for you.