Filing for Bankruptcy in High River, Alberta
Thinking about declaring bankruptcy in High River? Speak to your local MNP LTD., where you'll discover a range of solutions. We help thousands of Canadians overcome all types of financial difficulties, and we're here to help you too.
You’ll find a local MNP LTD. office in Calgary (Downtown) staffed by knowledgeable professionals with experience in the steps to filing bankruptcy who live and work in the same communities as you do. Don’t let your debt troubles get out of control. Call us today and get back on track.
There is 1 office near you
Is it time to consider other debt help options?
Filing for Bankruptcy is a legal process which can help free you from most of your debts. It is regulated by the Bankruptcy and Insolvency Act. The first step is to contact your local MNP LTD. Licensed Insolvency Trustee, who will discuss and explain all of your options based on the assessment of your debt situation. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.
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.
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 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 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 filing for 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.