Filing for Bankruptcy in Vegreville, Alberta
Thinking about declaring bankruptcy in Vegreville? 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.
You’ll find a local MNP LTD. office in Edmonton (North East) staffed by knowledgeable professionals with experience in the steps to filing bankruptcy who live and work in the same communities as you do. Don’t let your debt troubles get out of control. You have options; discover them with MNP LTD. today.
There is 1 office near you
Should you be looking into other debt solutions?
When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Vegreville. 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 offer the most effective solution for your situation
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 amount of debt you have, it may be possible for you to contact your creditors directly and negotiate 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 this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
The first thought people have when encountering financial difficulty is filing for bankruptcy. However, there are many alternatives that may be more appropriate for your particular financial situation. We'll work together to create a plan that works best for you.