DECLARING BANKRUPTCY IN SHOAL LAKE, MANITOBA
If you are thinking of declaring bankruptcy in Shoal Lake, 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 find knowledgeable and supportive professionals who can help you regain control of your finances. Personal insolvency can be troubling, but we can help make it a thing of the past. Talk to your local Licensed Insolvency Trustee today and discover your options so you can get out of debt.
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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. Let's get started; simply contact your local MNP LTD. and a Licensed Insolvency Trustee will be delighted to review and tailor a plan for 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
When you’re dealing with financial difficulties, your first thought may be to declare bankruptcy. However, have you consider your other options that may be more suitable to your situation? Consider these:
A consumer proposal allows for you to make payments to some or all 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.