BANKRUPTCY IN MILK RIVER, ALBERTA
Thinking about declaring bankruptcy in Milk River? No matter the level of debt you have, your local MNP LTD. Licensed Insolvency Trustee can offer you solutions. Every year, thousands of Canadians turn to us to help them get through various types of financial difficulties -- and you can rely on us too.
You can find an MNP LTD. office in Lethbridge that is staffed with professionally trained debt solution experts. Debt problems shouldn't control your life. Contact us now and regain control of your life.
There is 1 office near you
Is it time to consider other debt help options?
A legal process that can help free you from most of your debt is filing for bankruptcy in Milk River. 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. It is not uncommon occurrence, after speaking with us, that people sometimes realize that declaring bankruptcy is not the best solution for them.
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.
Our debt solutions are personalized
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 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 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.
The first thought people have when encountering financial difficulty is declaring bankruptcy. However, there are many alternatives that may be more appropriate for your particular financial situation. Together, we can work out a solution that's best for you.