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Filing for Bankruptcy in Cedar, British Columbia

Thinking of declaring bankruptcy in Cedar? With the help of your local MNP LTD. Licensed Insolvency Trustee, your debt situation can be managed. Thousands of Canadians experience financial hardship every year, and for more than 50 years we have been there to help and provide solutions.

You’ll find a local MNP LTD. office in Nanaimo 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 allow debt to consume your life. Contact us now and regain control of your life.

There are 5 offices near you

Is it time to consider other debt help options?

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. 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 the majority of cases, after hearing the alternatives we have to offer, most people find that alternatives to declaring bankruptcy work better for their particular situation.

To determine the right course of action, you'll need to 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 1-877-739-0378 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 simply allows you to make arrangements to pay all — or part — of your unsecured debts through monthly payments over a defined period of time (up to a 5-year maximum). 

Informal Debt Settlement

Subject to the total amount of debt you carry, this is an option to contact your creditors directly and discuss a reduced interest rate or a repayment schedule that suits your situation.

Debt Consolidation

With debt consolidation, you’ll be able to combine all your debt into one monthly repayment, which will allow you to repay multiple creditors.

The first thought people have when confronted with debt problems is filing forbankruptcy. Depending on your financial situation, more appropriate solutions may be available. We'll work together to create a plan that works best for you.

Learn more about declaring bankruptcy and other debt solutions today -- simply give us a call at 1-877-739-0378 or submit an online form to receive a FREE and confidential consultation.