BANKRUPTCY IN GRIMSHAW, ALBERTA
Thinking of declaring bankruptcy in Grimshaw? With the help of your local MNP LTD. Licensed Insolvency Trustee, your debt situation can be managed. 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 Peace River that is staffed with professionally trained debt solution experts. Don’t let debt problems take control of your life. Call or click to contact us today to discuss available debt solutions.
There is 1 office near you
What is your best course of action?
Filing for bankruptcy can help legally minimize your amount of debt. It is regulated by the Bankruptcy and Insolvency Act. First things first, get in touch with your local MNP LTD. to learn about the options that are available to you. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.
To determine the right course of action, you'll need to 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 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 the total amount of debt you may have, this is an option to speak with your creditors directly and arrange a lower interest rate or 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.
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. Depending on your financial situation, more appropriate solutions may be available. We'll work together to create a plan that works 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!