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BANKRUPTCY IN STAND OFF, ALBERTA

Thinking of declaring bankruptcy in Stand Off? With the help of your local MNP LTD. Licensed Insolvency Trustee, your debt situation can be managed. 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 Lethbridge employs knowledgeable and courteous professionals that work and live in the same communities as you. Don’t allow debt to consume your life. Call us today and get back on track.

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What is your best course of action?

A legal process, bankruptcy can help reduce the majority of your debts. 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 the majority of cases, people discover that declaring bankruptcy is not required, but instead follow one of the alternative remedies we provide.

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.

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!

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We offer the most effective solution for your situation

Consumer Proposal

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).

Informal Debt Settlement

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

Debt consolidation consolidates your debt into a single monthly repayment  and allows you to repay multiple creditors.

Orderly Payment of Debt

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 declaring bankruptcy. 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.

Learn more about declaring bankruptcy and other debt solutions today -- simply give us a call at 587-800-0892 or submit an online form to receive a FREE and confidential consultation.