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DECLARING BANKRUPTCY IN CORNER BROOK, NEWFOUNDLAND AND LABRADOR

If you're considering declaring bankruptcy and you live in Corner Brook, your local MNP LTD. Licensed Insolvency Trustee is here to assist you, no matter what financial situation you’re facing. At MNP LTD., we've been providing Canadians with practical solutions to help them overcome financial adversities for more than 50 years.

When you turn to MNP LTD. in Corner Brook, you'll discover a knowledgeable team who are dedicated to helping recover from your financial difficulties. We understand that personal insolvency can be troubling, but with our help you can get through the tough times. Discover your options today; simply speak with your local MNP Licensed Insolvency Trustee.

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What happens next?

Declaring Bankruptcy can provide the fresh financial start you need. Through this legal process, you can work to minimize your 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're prepared to help you find a solution that is best for you -- and you can count on us to be by your side every step of the way.

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

But there are a multitude of actions you can take that may be more suitable to your financial situation. Alternate debt options include:

Consumer Proposal

By turning to a consumer proposal process, you can pay off portions or all of your current unsecured debt through easy, monthly payments or over a specific period of time (maximum 5 years). 

Informal Debt Settlement

Depending on the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule that works for you.

Debt Consolidation

With debt consolidation, you’ll be able to combine all your debt into one monthly repayment, which will allow you to repay multiple creditors.