DECLARING BANKRUPTCY IN GANDER, NEWFOUNDLAND AND LABRADOR
If you’re considering declaring bankruptcy in Gander, 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.
At your local MNP LTD. office in Gander, you'll find knowledgeable and supportive professionals who can help you regain control of your finances. Personal insolvency can be troubling, but we can help make it a thing of the past. Discover your options today; simply speak 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 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
Often times, when faced with financial difficulty, your first instinct will that you have to file for bankruptcy. However, have you consider your other options that may be more suitable to your situation? These may be options for you:
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).
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.
Through debt consolidation, you can combine your debt into a single monthly repayment, which allows you to repay multiple creditors.