DECLARING BANKRUPTCY IN GIMLI, MANITOBA
If you're considering declaring bankruptcy and you live in Gimli, your local MNP LTD. Licensed Insolvency Trustee is here to assist you, no matter what financial situation you’re facing. For more than 50 years, MNP LTD. has supported Canadians through their financial adversities by providing practical financial solutions.
When you turn to MNP LTD. in Gimli, you'll discover a knowledgeable team who are dedicated to helping recover from your financial difficulties. We know that personal insolvency can be stressful, but at MNP we know we can help. Discover your options today; simply speak with your local MNP Licensed Insolvency Trustee.
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What happens next?
Often, those who are experiencing financial troubles consider Declaring bankruptcy because it offers a fresh start. Through this legal process, you can work to minimize your debt. Start by contacting your local MNP LTD. office and let one of our professional Licensed Insolvency Trustees provide the options available to you. We’ll provide all the solutions that work best for your situation—and if filing for bankruptcy is the option for you, we’ll 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
Often times, when faced with financial difficulty, your first instinct will that you have to file for bankruptcy. But have you considered other courses of action that may be more suitable to your financial situation? These may be options for you:
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 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 allows you to combine all your debts into one, so that you can repay multiple creditors through a single monthly payment.