hero image hero image
Life-changing Debt Solutions
"Thank you for the excellent care and understanding"
Find other MNP offices
Find

BANKRUPTCY IN MAGRATH, ALBERTA

Considering declaring bankruptcy in Magrath? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. Every year, we help thousands of Canadians find trusted solutions for their financial problems, and we can help you too.

You’ll find a local MNP LTD. office in Lethbridge staffed by knowledgeable and highly experienced professionals who live and work in the same communities as you do. Debt problems shouldn't control your life. Call us today and get back on track.

There is 1 office near you

What is your best course of action?

A legal process that can help free you from most of your debt is filing for bankruptcy in Magrath. 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. In the majority of cases, after hearing the alternatives we have to offer, most people find that alternatives to declaring bankruptcy work better for their particular situation.

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.

Personal Insolvency Counselling

MNP offers permanent life-changing debt solutions to individuals struggling with an overwhelming amount of debt. Our trustees are here to help.

Get Started Now!

Call us today at 587-800-0892 or fill out our form to get a free consultation!

FILL OUT FORM

We tailor our solutions to your situation

Consumer Proposal

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). 

Informal Debt Settlement

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

Debt consolidation gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.

Orderly Payment of Debt

With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.

Often times, when individuals face financial problems their first instinct is declaring bankruptcy. Depending on your financial situation, more appropriate solutions may be available. Together, we can work out a solution that's best for you.

To find out more about declaring bankruptcy and the other solutions MNP LTD. can offer you, call us at 587-800-0892 or comple the online form to request your FREE, private consultation!