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DECLARING BANKRUPTCY IN OROMOCTO, NEW BRUNSWICK

If you are thinking of declaring bankruptcy in Oromocto, let your local MNP LTD. assist you through the process. MNP LTD. has helped Canadians in need work through their financial adversities for more than 50 years by providing practical financial solutions.

Look to your local MNP LTD. office in Fredericton to find knowledgeable and supportive professionals that can help see you through. We understand that personal insolvency can be troubling, but with our help you can get through the tough times. Discover the options available to you today; simply speak with your MNP Licensed Insolvency Trustee.

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What’s to come?

Declaring Bankruptcy is an option that provides individuals with a fresh financial start. It's a legal process aimed at helping you minimize your 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’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
Personal Insolvency Counselling

MNP offers permanent life-changing debt solutions to individuals struggling with an overwhelming amount of debt. Our trustees are here to help.

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The right solution for you

Often, when facing financial trouble, the first thought that comes to mind is to declare bankruptcy. However, have you consider your other options that may be more suitable to your situation? These include:

Consumer Proposal

With a consumer proposal, you can arrange to pay some or all of your unsecured debts through monthly payments over a specified period of time (up to a maximum of 5 years). 

Informal Debt Settlement

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

Debt consolidation gathers your debt into a single monthly repayment so that you can repay multiple creditors.