BANKRUPTCY IN COUTTS, ALBERTA
Considering declaring bankruptcy in Coutts? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. Year after year, we help thousands of Canadians just like you break free from financial hardship.
Our local MNP LTD. office in Lethbridge employs knowledgeable and courteous professionals that work and live in the same communities as you. Don’t let debt problems take control of your life. Contact us now and regain control of your life.
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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. Step one is to contact your nearest
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 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).
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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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.
The first thought people have when encountering financial difficulty 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.