CONSUMER PROPOSAL IN PENHOLD, ALBERTA
When it comes to creating a consumer proposal in Penhold, you may already know how stressful it can be. 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. Arrange a FREE, confidential appointment with us today to discover debt help tailored for your particular situation.
There is 1 office near you
How our solutions can work for you
As a more positive, proactive course of action than declaring bankruptcy, a consumer proposal is suitable for people with unsecured debts of less than $250,000. When you make this kind of undertaking, your local Licensed Insolvency Trustee in Penhold will talk to your creditors to arrange a single monthly payment for a set period of time. With this option there are instances where the full amount is not expected to repaid. Discover your options today by calling us for a FREE, secure consultation with a local MNP LTD. Licensed Insolvency Trustee in Penhold.
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
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 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 total amount of debt you may have, this is an option to speak with your creditors directly and arrange a lower interest rate or a repayment schedule that works for you.
Debt consolidation consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
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 a number of ways to restore your credit. Together, we will review the advantages and disadvantages of each of the options available to you.