DECLARING BANKRUPTCY IN SWAN RIVER, MANITOBA
If you’re considering declaring bankruptcy in Swan River, it’s a job best left to your local MNP LTD. Licensed Insolvency Trustees. For more than 50 years, MNP LTD. has supported Canadians through their financial adversities by providing practical financial solutions.
Look to your local MNP LTD. office in Brandon to find knowledgeable and supportive professionals that can help see you through. 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 by speaking with your local MNP Licensed Insolvency Trustee.
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What comes next?
Declaring Bankruptcy can help provide you with a fresh financial start. This legal process will help you minimize 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 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
When it comes to dealing with financial difficulties, it is often the case that your first thought will be to declare bankruptcy. But there are many 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’ve accumulated, you may be able to contact your creditors directly and negotiate a lower interest rate or repayment schedule that better meets your needs.
Debt consolidation combines your debts into a single monthly repayment, allowing you to repay multiple creditors through a single payment.