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BANKRUPTCY IN COLD LAKE, ALBERTA

Thinking of declaring bankruptcy in Cold Lake? With the help of your local MNP LTD. Licensed Insolvency Trustee, your debt situation can be managed. Year after year, we help thousands of Canadians just like you break free from financial hardship.

When you turn to your local MNP LTD. office in Cold Lake, you'll discover a staff of dedicated, skilled and experienced professionals from the same community as you. Don't let having debt encompass your life. There are options -- discover them with MNP LTD. now.

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What is your best course of action?

When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Cold Lake. 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. It is not uncommon occurrence, after speaking with us, that people sometimes realize that declaring bankruptcy is not the best solution for them.

To determine how to handle your debt effectively, 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.

Personal Insolvency Counselling

MNP offers permanent life-changing debt solutions to individuals struggling with an overwhelming amount of debt. Our trustees are here to help.

Get Started Now!

Call us today at 1-877-739-0685 or fill out our form to get a free consultation!

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How your situation can benefit from our solutions

Consumer Proposal

The consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (up to a maximum of 5 years). 

Informal Debt Settlement

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

Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.

Orderly Payment of Debt

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 declaring bankruptcy. Depending on your financial situation, more appropriate solutions may be available. Together, we can work out a solution that's best for you.

Find out more about how MNP LTD. can help with declaring bankruptcy or guiding you through alternative options -- simply call us at 1-877-739-0685 to book your FREE confidential consultation today.