CONSUMER PROPOSAL IN CORONATION, ALBERTA
Making a consumer proposal in Coronation can be a stressful experience. Before you're at your at your wits end, turn to MNP LTD. to discover your options. Drawing on our skills, knowledge and experience, we will help turn your situation around.
Our personalized debt solutions - from bankruptcy filing to debt consolidation - have helped improve the lives of thousands of Canadians seeking financial stability. Schedule a FREE, confidential consultation with us now and see how we can help you address your debt situation.
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 Coronation will contact your creditors and arrange a single monthly payment option for a set period of time. With this option there are instances where the full amount is not expected to repaid. Investigate your options by calling us for a FREE, confidential consultation with your local MNP LTD. Licensed Insolvency Trustee in Coronation.
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
Alternative debt solutions
Our commitment to delivering reliable and impartial financial assistance to Canadians dates back more than 50 years. Since then, we've dedicated ourselves to helping Canadians overcome their debts. Your local MNP LTD. office is your go-to source for personalized 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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
There are many ways you can restore your credit. Together, the advantages and disadvantages of each of your options will be reviewed.