DECLARING BANKRUPTCY IN ERICKSON, MANITOBA
If you are thinking of declaring bankruptcy in Erickson, let your local MNP LTD. assist you through the process. For more than 50 years, MNP has helped individuals just like you work through their financial troubles by providing practical financial solutions.
At your local MNP LTD. office in Brandon, you’ll discover knowledgeable and supportive professionals who are eager to help you regain your financial foothold. We know that personal insolvency can be stressful, but at MNP we know we can help. Discover the options available to you today; simply speak with your MNP Licensed Insolvency Trustee.
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What happens next?
In most cases many people experiencing financial troubles will consider a Declaring bankruptcy because it offers a fresh start. This legal process will help you minimize debt. Contact your local MNP LTD. office to get started and have one of our professional Licensed Insolvency Trustees provide the options available to you. We will work with you in order to determine the right solution for your current situation—and should that be bankruptcy, we can guide you through the process.
To determine the path you should take, assess your current 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 right solution for you
When you’re dealing with financial difficulties, your first thought may be to declare bankruptcy. But there are a multitude of actions you can take that may be more suitable to your financial situation. Your solutions may include:
Through the consumer proposal process, you can make arrangements to pay all, or some, of your unsecured debts via monthly payments over a specific period of time (up to a maximum of 5 years).
Depending on the amount of debt you’ve accumulated, you may be able to contact your creditors directly and negotiate a lower interest rate or repayment schedule that better meets your needs.