DECLARING BANKRUPTCY IN STEINBACH, MANITOBA
If you're considering declaring bankruptcy and you live in Steinbach, 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.
At your local MNP LTD. office in Steinbach, you’ll discover knowledgeable and supportive professionals who are eager to help you regain your financial foothold. We know the amount of stress financial insolvency can cause, but with us you'll discover the solution you need. Discover the options available to you today; simply speak with your 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. Get started by contacting your local MNP LTD. office and let one of our local Licensed Insolvency Trustees lay out your best debt relief options. We’ll work with you to find the best solution for your situation—and if that happens to be bankruptcy, we will help 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
Many times, when dealing with financial troubles, the first thought people have is filing for bankruptcy. But have you considered other courses of action that may be more suitable to your financial situation? Alternate debt options 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).
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.
Debt consolidation combines your debts into a single monthly repayment, allowing you to repay multiple creditors through a single payment.