BANKRUPTCY IN LETHBRIDGE, ALBERTA
Thinking about declaring bankruptcy in Lethbridge? No matter the level of debt you have, your local MNP LTD. Licensed Insolvency Trustee can offer you solutions. We help thousands of Canadians overcome all types of financial difficulties, and we're here to help you too.
Our local MNP LTD. office in Lethbridge has informative and highly recommended professionals who work and live in your area. Don’t allow debt to consume your life. Call or click to contact us today to discuss available debt solutions.
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Could other debt alternatives provide relief?
A legal process that can help free you from most of your debt is filing for bankruptcy in Lethbridge. It is regulated by the Bankruptcy and Insolvency Act. The first and most important step is to contact your
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 simple process that allows you to make arrangements to pay all, or part, of your unsecured debts through monthly payments over a specified period of time (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 combines your debt into a single monthly repayment so that you can pay off multiple creditors.
Under this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
Most people feel that with their debt piling up, declaring bankruptcy is the best course of action. There are of course many alternatives that may be more suitable for your situation. We'll work together to create a plan that works best for you.