Filing for Bankruptcy in Sorrento, British Columbia
Considering declaring bankruptcy in Sorrento? 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 can find an MNP LTD. office in Vernon that is staffed with professionally trained debt solution experts with experience in how to file bankruptcy. Don’t let your debt troubles get out of control. Call us today and get back on track.
There is 1 office near you
Could other debt alternatives provide relief?
A legal process, filing for bankruptcy can help reduce the majority of your debts. 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 many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.
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).
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.
Through debt consolidation, you can combine your debt into a single monthly repayment, which allows you to repay multiple creditors.
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.