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BANKRUPTCY IN WEMBLEY, ALBERTA

Considering declaring bankruptcy in Wembley? No matter how bad or overwhelming your debt might seem, there are always solutions - and your MNP LTD. Licensed Insolvency Trustee can help. Every year, we help thousands of Canadians work through financial difficulties at all levels and we can help you too.

You’ll find a local MNP LTD. office in Grande Prairie staffed by knowledgeable and highly experienced professionals who live and work in the same communities as you do. Don’t allow debt to consume your life. Call us today and get back on track.

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Should you be looking into other debt solutions?

A legal process, bankruptcy can help reduce the majority of your debts. It is regulated by the Bankruptcy and Insolvency Act. The first thing to do is to speak with your local MNP LTD. Licensed Insolvency Trustee to determine your best course of action. 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 780-833-5385 or fill out our form to get a free consultation!

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Our debt solutions are personalized

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 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

Debt consolidation gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.

Orderly Payment of Debt

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 declaring bankruptcy. You may be interested to learn that there may be more suitable solutions to your situation that you may not yet have considered. Together, we can work out a solution that's best for you.

To learn more about declaring bankruptcy and other options provided by MNP LTD., call us at 780-833-5385 or submit our online form to ask for your FREE, private consultation.