DECLARING BANKRUPTCY IN HALIFAX, NOVA SCOTIA
If you’re considering declaring bankruptcy in Halifax, it’s a job best left to your local MNP LTD. Licensed Insolvency Trustees. 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 MNP LTD. in Halifax, 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 the options available to you today; simply speak with your MNP Licensed Insolvency Trustee.
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What comes next?
Declaring Bankruptcy can provide the fresh financial start you need. This legal process is aimed at helping you 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’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
Many times, when dealing with financial troubles, the first thought people have is filing for bankruptcy. However, have you consider your other options that may be more suitable to your situation? They include:
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).
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.
With debt consolidation, you’ll be able to combine all your debt into one monthly repayment, which will allow you to repay multiple creditors.