hero image hero image
Life-changing Debt Solutions
"Thank you for the excellent care and understanding"
Find other MNP offices
Find

Filing for Bankruptcy in Sydney, Nova Scotia

Thinking about declaring bankruptcy in Sydney? No matter the level of debt you have, your local MNP LTD. Licensed Insolvency Trustee can offer you solutions. 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.

When you turn to your local MNP LTD. office in Sydney, you'll discover a staff of dedicated, skilled and experienced professionals from the same community as you. Don’t allow debt to consume your life. There are options -- discover them with MNP LTD. now.

There is 1 office near you

Could other debt alternatives provide relief?

Filing for 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 and most important step is to contact your MNP LTD. Licensed Insolvency Trustee, who will present you with all of your financial options based on the assessment of your current debt situation. 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 902-500-0115 or fill out our form to get a free consultation!

FILL OUT FORM

We tailor our solutions to your situation

Consumer Proposal

By turning to a consumer proposal process, you can pay off portions or all of your current unsecured debt through easy, monthly payments or over a specific period of time (maximum 5 years). 

Informal Debt Settlement

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.

Debt Consolidation

Debt Consolidation allows you to combine your debt into a single monthly repayment, which means you’ll be able to repay multiple creditors through one payment.

Most people feel that with their debt piling up, filing for bankruptcy is the best course of action. 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.

Learn more about declaring bankruptcy and other debt solutions today -- simply give us a call at 902-500-0115 or submit an online form to receive a FREE and confidential consultation.