BANKRUPTCY IN HAYS, ALBERTA
Considering declaring bankruptcy in Hays? No matter how bad or overwhelming your debt might seem, there are always solutions - and your MNP LTD. Licensed Insolvency Trustee can help. Thousands of Canadians experience financial hardship every year, and for more than 50 years we have been there to help and provide solutions.
You can find an MNP LTD. office in Taber that is staffed with professionally trained debt solution experts. Don’t let debt control your financial future. Contact us today and regain control of your finances.
There is 1 office near you
Should you be looking into other debt solutions?
When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Hays. 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. In many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.
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.
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 amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.
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.
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. We'll work together to create a plan that works best for you.