Filing for Bankruptcy in Red Lake, Ontario
Considering declaring bankruptcy in Red Lake? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. 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.
Our local MNP LTD. office in Kenora has informative and highly recommended professionals with experience in filing for bankruptcy who work and live in your area. Debt problems shouldn't control your life. You have options; discover them with MNP LTD. today.
There is 1 office near you
Should you be looking into other debt solutions?
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. 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 the majority of cases, people discover that declaring bankruptcy is not required, but instead follow one of the alternative remedies we provide.
To determine the best course of action, 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
Opting for a consumer proposal means you can make arrangements to pay some or all your unsecured debts through monthly payments over a specific 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.
With debt consolidation, you can combine all your debts into one and repay multiple creditors through a single monthly payment.
Those who are met with financial problems often think that declaring bankruptcy is their only option. What many don’t know is that there are many alternative debt solutions that may be better fitted to their unique requirements. We'll work together to create a plan that works best for you.
For more information about declaring bankruptcy and other debt solutions available from MNP LTD., call us at 1-877-739-0484 or complete our online form to request your FREE, confidential consultation today!