BANKRUPTCY IN OYEN, ALBERTA
Are you considering declaring bankruptcy in Oyen? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD. Licensed Insolvency Trustee. Year after year, we help thousands of Canadians just like you break free from financial hardship.
Your local MNP LTD. is staffed with dedicated professionals who are a part of and familiar with your community. Don’t allow debt to consume your life. There are options -- discover them with MNP LTD. now.
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What is your best course of action?
Bankruptcy is a legal process which can help free you from most of your debts. It is regulated by the Bankruptcy and Insolvency Act. Step one is to contact your nearest
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 process that helps you pay off your entire debt or an agreed upon portion, either monthly or within a specific period of time (up to a maximum of 5 years).
Depending on how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to 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.
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. Together, we can work out a solution that's best for you.