Filing for Bankruptcy in Bridgewater, Nova Scotia
Considering declaring bankruptcy in Bridgewater? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. Every year, we help thousands of Canadians work through financial difficulties at all levels and we can help you too.
Your local MNP LTD. is staffed with dedicated professionals who are a part of and familiar with your community. Don't let having debt encompass your life. There are options -- discover them with MNP LTD. now.
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Could other debt alternatives provide relief?
Filing for bankruptcy can help legally minimize your amount of 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. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.
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
With a consumer proposal, you can arrange to pay some or all of your unsecured debts through monthly payments over a specified period of time (up to a maximum of 5 years).
Depending on the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule that works for you.
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 confronted with debt problems is filing forbankruptcy. However, there are many alternatives that may be more appropriate for your particular financial situation. Together, we can work out a solution that's best for you.