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BANKRUPTCY IN TERRACE, BRITISH COLUMBIA

Considering declaring bankruptcy in Terrace? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. We help thousands of Canadians overcome all types of financial difficulties, and we're here to help you too.

Your local MNP LTD. is staffed with dedicated professionals who are a part of and familiar with your community. Debt problems shouldn't control your life. Call or click to contact us today to discuss available debt solutions.

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Could other debt alternatives provide relief?

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. The first thing to do is to speak with your local MNP LTD. Licensed Insolvency Trustee to determine your best course of action. In many cases, people find declaring Bankruptcy is not required for their financial situation; instead, they follow one of the alternative solutions we offer.

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 1-877-736-0753 or fill out our form to get a free consultation!

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How your situation can benefit from our solutions

Consumer Proposal

The consumer proposal option lets you arrange to pay part, or all, of your unsecured debts through monthly payments over a definite period of time (up to a maximum of 5 years). 

Informal Debt Settlement

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

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 declaring bankruptcy. 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 1-877-736-0753 or submit an online form to receive a FREE and confidential consultation.