Filing for Bankruptcy in Milk River, Alberta
Are you considering declaring bankruptcy in Milk River? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD. Licensed Insolvency Trustee. 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 with experience in filing for bankruptcy who work and live in your area. 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 Milk River. It is regulated by the Bankruptcy and Insolvency Act. First things first, get in touch with your local MNP LTD. to learn about the options that are available to you. 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 the best course of action, 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
A consumer proposal allows you to make arrangements to pay some or all 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 consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
The first thought people have when confronted with debt problems is filing forbankruptcy. There are of course many alternatives that may be more suitable for your situation. Together, we can work out a solution that's best for you.
For more information about declaring bankruptcy and other debt solutions available from MNP LTD., call us at 587-800-0892 or complete our online form to request your FREE, confidential consultation today!