Filing for Bankruptcy in Morinville, Alberta
Thinking about declaring bankruptcy in Morinville? No matter the level of debt you have, your local MNP LTD. Licensed Insolvency Trustee can offer you solutions. Every year, we help thousands of Canadians find trusted solutions for their financial problems, and we can help you too.
Our local MNP LTD. office in Edmonton (North East) employs knowledgeable and courteous professionals with experience in filing for bankruptcy that work and live in the same communities as you. Debt problems shouldn't control your life. Call or click to contact us today to discuss available debt solutions.
There is 1 office near you
What is your best course of action?
When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Morinville. It is regulated by the Bankruptcy and Insolvency Act. First, you must contact your nearest MNP LTD. Licensed Insolvency Trustee, who will go over and explain your options based on your overall financial situation. In many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.
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
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 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 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. However, there are many solutions that may be better suited to your particular financial situation. Together, we can work out a solution that's best for you.