BANKRUPTCY IN SUMMERSIDE, PRINCE EDWARD ISLAND
Considering declaring bankruptcy in Summerside? 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. Debt problems shouldn't control your life. Contact us now and regain control of your life.
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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
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 offer the most effective solution for your situation
Through the consumer proposal process, you can make arrangements to pay all, or some, of your unsecured debts via monthly payments over a specific period of time (up to a maximum of 5 years).
Depending on how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
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.
The first thought people have when confronted with debt problems is declaring bankruptcy. 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.