Filing for Bankruptcy in Merritt, British Columbia
Considering declaring bankruptcy in Merritt? 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, thousands of Canadians turn to us to help them get through various types of financial difficulties -- and you can rely on us too.
You’ll find a local MNP LTD. office in Kamloops 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. Call or click to contact us today to discuss available debt solutions.
There is 1 office near you
What is your best course of action?
A legal process that can help free you from most of your debt is filing for bankruptcy in Merritt. 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, people discover that declaring bankruptcy is not required, but instead follow one of the alternative remedies we provide.
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.
We tailor our solutions to your situation
The consumer proposal is a simple process that allows you to make arrangements to pay all, or part, of your unsecured debts through monthly payments over a specified period of time (up to a maximum of 5 years).
Depending on how heavy your debt load is, you may be able to speak with your creditors directly and negotiate a reduced interest rate or repayment schedule that meets your needs.
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. You may be interested to learn that there may be more suitable solutions to your situation that you may not yet have considered. We'll work together to create a plan that works best for you.