BANKRUPTCY IN HIGH LEVEL, ALBERTA
Thinking about declaring bankruptcy in High Level? Speak to your local MNP LTD., where you'll discover a range of solutions. Year after year, we help thousands of Canadians just like you break free from financial hardship.
Our local MNP LTD. office in Peace River has informative and highly recommended professionals who work and live in your area. Don’t let debt control your financial future. Call us today and get back on track.
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What is your best course of action?
A legal process, bankruptcy can help reduce the majority of your debts. It is regulated by the Bankruptcy and Insolvency Act. Step one is to contact your nearest
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 offer the most effective solution for 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 consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
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.