DECLARING BANKRUPTCY IN MINNEDOSA, MANITOBA
If you are thinking of declaring bankruptcy in Minnedosa, let your local MNP LTD. assist you through the process. MNP LTD. has helped Canadians work through their financial difficulties for more than 50 years — providing practical solutions to Canadians in financial difficulty.
When you turn to MNP LTD. in Minnedosa, you'll discover a knowledgeable team who are dedicated to helping recover from your financial difficulties. We know personal insolvency can feel troubling, but when you look to us for help we can make it a thing of the past. Discover your options today; simply speak with your local MNP Licensed Insolvency Trustee.
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What happens next?
Declaring Bankruptcy is an option many consider because it offers individuals a fresh financial start. It's a legal process aimed at helping you minimize your debt. To get started, contact your local MNP LTD. office and one of our professional Licensed Insolvency Trustees will explain your debt relief options. 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
Often, when facing financial trouble, the first thought that comes to mind is to declare bankruptcy. However, have you consider your other options that may be more suitable to your situation? They include:
With a consumer proposal you’ll be able to make arrangements to pay some or all of your unsecured debts through 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 you’re comfortable with.