CONSUMER PROPOSAL IN COCHRANE, ALBERTA
If you’re researching a consumer proposal in Cochrane, you already know that living with debt is not easy. Stop debt from closing in on your plans for the future by seeking help from MNP LTD. Drawing on our skills, knowledge and experience, we will help turn your situation around.
For over 50 years, our personalized debt solutions – from bankruptcy services to debt consolidation – have provided thousands of Canadians with the tools to regain financial stability in their lives. Turn to us for a FREE private consultation to discover the many options you have.
There is 1 office near you
How our solutions can work for you
As a more positive choice than filing for bankruptcy, a consumer proposal is perfect for people with unsecured debts of less than $250,000. When you take this option, your local Licensed Insolvency Trustee in Cochrane will contact your creditors and arrange a single monthly payment option for a set period of time. In some cases, you may even end up paying back less than the original amount owed. Explore your options today by calling us for a FREE, confidential consultation with your local MNP LTD. Licensed Insolvency Trustee in Cochrane.
You could benefit from our services if:
- You can’t afford to pay your debts in full but your income can cover a single monthly payment
- Your financial troubles are causing you stress
- Wage garnishments are affecting your take-home pay
Other MNP-administered solutions
We want to help Canadians recover from debt with dependable financial solutions -- just as we have for over 50 years. We’ve applied our knowledge and expertise to countless cases to help Canadians push through their current financial problems. Your neighbourhood MNP LTD. office in Calgary (Downtown) is your best choice for personalized, lasting solutions, including consumer proposals, debt consolidation, informal debt settlements and more.
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 allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
There are many ways you can restore your credit. Together, the advantages and disadvantages of each of your options will be reviewed.