DEBT RELIEF IN COCHRANE, ALBERTA
When it comes to debt relief in Cochrane, you can turn to your local MNP LTD. for professional advice to help you through. You may feel as though your situation is impossible to recover from, but we have the skills and knowledge to help you work out a solution that is unique to your situation. Each year, we help thousands of Canadians manage and overcome their financial situation and difficulties — and we can help you too.
For more than 50 years, countless Canadians have relied on us to help them overcome their financial challenges. If you require additional help to get through these hard times, we will provide you with a range of financial options and solutions that are tailored to your exact needs. Discover the options available to you today; simply speak with your MNP Licensed Insolvency Trustee.
There is 1 office near you
Here at MNP LTD., we’re dedicated to ensuring your needs get put first. Our knowledgeable and supportive Licensed Insolvency Trustees understand the value of effective advice that has your best interest in mind, which is why we take the time to assess your particular situation one-on-one and provide solutions that are tailored to your unique needs. For the most effective course of action, our Licensed Insolvency Trustees are standing by to offer you the expert opinions.
To ensure you receive the best solution, you’ll need to assess and gauge your financial situation. Contact us if:
- You're spending more than you earn
- Your creditors are threatening action
- You regularly fail to pay bills on time
- Your financial situation is causing you stress
The ideal solution for your financial situation
The consumer proposal is a process that helps you pay off your entire debt or an agreed upon portion, either monthly or within 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 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.
There are a variety of options available to help you overcome your debts, which is why it's a good idea to speak with a professional to help you choose your best option. With MNP LTD., we can find a solution that works with your specific, financial needs. Together, we can walk you through all your available options.