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BANKRUPTCY IN SYLVAN LAKE, ALBERTA

Considering declaring bankruptcy in Sylvan Lake? No matter how bad or overwhelming your debt might seem, there are always solutions - and your MNP LTD. Licensed Insolvency Trustee can help. Year after year, we help thousands of Canadians just like you break free from financial hardship.

You can find an MNP LTD. office in Red Deer that is staffed with professionally trained debt solution experts. Don’t let debt problems take control of your life. You have options; discover them with MNP LTD. today.

There is 1 office near you

Should you be looking into other debt solutions?

Bankruptcy is an entirely legal process and can be effective in reducing the majority of your debt. 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. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.

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 587-802-4208 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

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). 

Informal Debt Settlement

Depending on the amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.

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 consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.

Those who are met with financial problems often think that declaring bankruptcy is their only option. 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.

Find out more about how MNP LTD. can help with declaring bankruptcy or guiding you through alternative options -- simply call us at 587-802-4208 to book your FREE confidential consultation today.