DECLARING BANKRUPTCY IN OAKBANK, MANITOBA
If you’re thinking of declaring bankruptcy in Oakbank, let your local MNP LTD. Licensed Insolvency Trustee assist you. 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 Oakbank, you'll discover a knowledgeable team who are dedicated to helping recover from your financial difficulties. We know the amount of stress financial insolvency can cause, but with us you'll discover the solution you need. Discover your options today; simply speak with your local MNP Licensed Insolvency Trustee.
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What comes next?
Declaring Bankruptcy is an option many consider because it offers individuals a fresh financial 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 work with you to determine a solution that's appropriate to your situation -- and you can rely on us to stand by you every step of the way.
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 it comes to dealing with financial difficulties, it is often the case that your first thought will be to declare bankruptcy. But wait! Have you considered your other options that may be more suitable to your financial well being? Depending on your situation, the following 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).
Contingent on the amount of debt you have accumulated, it may be possible for you to contact your creditors directly to negotiate a lower interest rate or a repayment schedule that can help put you at ease.
When you opt for debt consolidation, you can combine your debt into one monthly repayment; this will allow you to repay multiple creditors through one payment.