DECLARING BANKRUPTCY IN GRAND BAY, NEW BRUNSWICK
If you are thinking of declaring bankruptcy in Grand Bay, 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 Saint John, you'll find knowledgeable and supportive professionals who can help you regain control of your finances. We understand that personal insolvency can be troubling, but with our help you can get through the tough times. Discover your options today by speaking with your local MNP Licensed Insolvency Trustee.
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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. To get started, contact your local MNP LTD. office and one of our professional Licensed Insolvency Trustees will explain your debt relief options. 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
When you’re facing financial difficulties, your first thought might be to declare bankruptcy. But have you considered other courses of action that may be more suitable to your financial situation? These may be options for you:
The consumer proposal is a simple process that allows you to make arrangements to pay all, or part, of your unsecured debts through monthly payments over a specified 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.