Filing for Bankruptcy in Warner, Alberta
Thinking about declaring bankruptcy in Warner? 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 work through financial difficulties at all levels and we can help you too.
Your local MNP LTD. is staffed with dedicated professionals who are a part of and familiar with your community. Debt problems shouldn't control your life. Call or click to contact us today to discuss available debt solutions.
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What is your best course of action?
A legal process, filing for bankruptcy can help reduce the majority of your debts. It is regulated by the Bankruptcy and Insolvency Act. Step one is to contact your nearest
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.
Our debt solutions are personalized
The consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.
The first thought people have when encountering financial difficulty is filing for bankruptcy. 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.