DECLARING BANKRUPTCY IN TRANSCONA, MANITOBA
If you are thinking of declaring bankruptcy in Transcona, 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.
Look to your local MNP LTD. office in Winnipeg (Polo Park) to find knowledgeable and supportive professionals that can help see you through. Personal insolvency can be troubling, but we can help 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 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. Contact your local MNP LTD. office to get started and have one of our professional Licensed Insolvency Trustees provide the options available to you. 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
But have you considered other courses of action that may be more suitable to your financial situation? Alternate debt options include:
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’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 allows you to combine all your debts into one, so that you can repay multiple creditors through a single monthly payment.