Filing for Bankruptcy in Nelson, British Columbia
Considering declaring bankruptcy in Nelson? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. Year after year, we help thousands of Canadians just like you break free from financial hardship.
When you turn to your local MNP LTD. office in Cranbrook, you'll discover a staff of dedicated, skilled and experienced professionals from the same community as you. Don't let having debt encompass your life. You have options; discover them with MNP LTD. today.
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Should you be looking into other debt solutions?
A legal process that can help free you from most of your debt is filing for bankruptcy in Nelson. 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. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.
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.
How your situation can benefit from our solutions
With the consumer proposal, you can make arrangements to all, or some, of your unsecured debts via monthly payments over a specific 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.
Debt Consolidation allows you to combine your debt into a single monthly repayment, which means you’ll be able to repay multiple creditors.
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.