Considering declaring bankruptcy in Sudbury? 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.
Your local MNP LTD. is staffed with dedicated professionals who are a part of and familiar with your community. Don’t let debt control your financial future. Call or click to contact us today to discuss available debt solutions.
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Should you be looking into other debt solutions?
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 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.
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.
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).
Debt consolidation gathers your debt into a single monthly repayment so that you can repay multiple creditors.
When many people experience debt problems often, their first thoughts are declaring bankruptcy. Depending on your financial situation, more appropriate solutions may be available. Together, we can work out a solution that's best for you.