Filing for Bankruptcy in Three Hills, Alberta
Considering declaring bankruptcy in Three Hills? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. Year after year, we help thousands of Canadians just like you break free from financial hardship.
Our local MNP LTD. office in Calgary (Downtown) employs knowledgeable and courteous professionals with experience in filing for bankruptcy that work and live in the same communities as you. Don’t let debt control your financial future. Call us today and get back on track.
There is 1 office near you
What is your best course of action?
Filing for 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. The first and most important step is to contact your
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.
How your situation can benefit from our solutions
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 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 consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
Most people feel that with their debt piling up, filing for bankruptcy is the best course of action. Depending on your financial situation, more appropriate solutions may be available. We'll work together to create a plan that works best for you.