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BANKRUPTCY IN RED LAKE, ONTARIO

Researching bankruptcy in Red Lake? 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.

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

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Could other debt alternatives provide relief?

A legal process that can help free you from most of your debt is filing for bankruptcy in Red Lake. It is regulated by the Bankruptcy and Insolvency Act. The first step is to contact your local MNP LTD. Licensed Insolvency Trustee, who will discuss and explain all of your options based on the assessment of your debt situation. In many cases, people find that their financial situation does not require them to file for Bankruptcy, but instead follow one of the alternative solutions we offer.

To find out what is best for you, 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.

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Call us today or fill out our form to get a free consultation!

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We offer the most effective solution for your situation

Consumer Proposal

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). 

Informal Debt Settlement

Depending on the amount of debt you’ve accumulated, you may have the option to consult with your creditors directly and negotiate a lower interest rate or a repayment schedule that meets your needs.

Debt Consolidation

Debt consolidation merges your debt into a single monthly repayment, allowing you to repay multiple creditors through one payment.

Most people feel that with their debt piling up, bankruptcy is the best course of action. There are of course many alternatives that may be more suitable for your situation. Together, we can work out a solution that's best for you.

For more information about the debt solutions available from MNP LTD., contact us by phone or complete our online form to request your FREE, confidential consultation today!