DECLARING BANKRUPTCY IN BURNSIDE, NOVA SCOTIA
If you're considering declaring bankruptcy and you live in Burnside, your local MNP LTD. Licensed Insolvency Trustee is here to assist you, no matter what financial situation you’re facing. MNP LTD. has helped Canadians work through their financial difficulties for more than 50 years — providing practical solutions to Canadians in financial difficulty.
When you turn to your local MNP LTD. office in Burnside, you’ll find a team of knowledgeable and supportive professionals who are dedicated to helping you through your financial difficulties. We know personal insolvency can feel troubling, but when you look to us for help we can 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 happens next?
Declaring Bankruptcy is an option many consider because it offers individuals a fresh financial start. This legal process will help you minimize debt. Get started by contacting your local MNP LTD. office and let one of our local Licensed Insolvency Trustees lay out your best debt relief options. We’ll work with you to find the best solution for your situation—and if that happens to be bankruptcy, we will help 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 wait! Have you considered your other options that may be more suitable to your financial well being? These include:
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.
Debt Consolidation allows you to combine your debt into a single monthly repayment, which means you’ll be able to repay multiple creditors through one payment.