CONSUMER PROPOSAL IN SPRUCE GROVE, ALBERTA
If you are looking into making a consumer proposal in Spruce Grove, you already know how stressful debt can be. If you're starting to feel as though you've run out of solutions then it's time to turn to MNP LTD. for help. 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. Enjoy a FREE, confidential appointment to find out how we can help you get your finances in order.
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 make this kind of undertaking, your local Licensed Insolvency Trustee in Spruce Grove 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. Get in touch with us today to discover the options available to you at a FREE, no obligation consultation.
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. Since then, we've dedicated ourselves to helping Canadians overcome their debts. Your neighbourhood MNP LTD. office in Spruce Grove is your best choice for personalized, lasting solutions, including consumer proposals, debt consolidation, informal debt settlements and more.
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 combines your debt into a single monthly repayment so that you can pay off 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.