BANKRUPTCY IN CAMROSE, ALBERTA
Considering declaring bankruptcy in Camrose? 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 find trusted solutions for their financial problems, and we can help you too.
When you turn to your local MNP LTD. office in Leduc, you'll discover a staff of dedicated, skilled and experienced professionals from the same community as you. Don’t allow debt to consume your life. There are options -- discover them with MNP LTD. now.
There is 1 office near you
Should you be looking into other debt solutions?
Filing for bankruptcy can help legally minimize your amount of debt. 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, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.
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.
We tailor our solutions to 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 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.
When many people experience debt problems often, their first thoughts are declaring bankruptcy. What many don’t know is that there are many alternative debt solutions that may be better fitted to their unique requirements. Together, we can work out a solution that's best for you.
For more information about declaring bankruptcy and other debt solutions available from MNP LTD., call us at 1-877-739-0685 or complete our online form to request your FREE, confidential consultation today!