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DECLARING BANKRUPTCY IN YARMOUTH, NOVA SCOTIA

If you're considering declaring bankruptcy and you live in Yarmouth, your local MNP LTD. Licensed Insolvency Trustee is here to assist you, no matter what financial situation you’re facing. For more than 50 years, Canadians have relied on MNP LTD. for practical financial solutions to help them through their financial troubles.

At your local MNP LTD. office in Yarmouth, you'll find knowledgeable and supportive professionals who can help you regain control of your finances. We understand that personal insolvency can be troubling, but with our help you can get through the tough times. Talk to your local Licensed Insolvency Trustee today and discover your options so you can get out of debt.

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What’s next?

Often, those who are experiencing financial troubles consider Declaring bankruptcy because it offers a fresh start. This legal process will help you minimize debt. Let's get started; simply contact your local MNP LTD. and a Licensed Insolvency Trustee will be delighted to review and tailor a plan for you. We will work with you to determine the right solution for your situation — and if filing for bankruptcy is the best course of action, we will guide you through the entire 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 times, when faced with financial difficulty, your first instinct will that you have to file for bankruptcy. 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

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

Contingent on the amount of debt you have accumulated, it may be possible for you to contact your creditors directly to negotiate a lower interest rate or a repayment schedule that can help put you at ease.

Debt Consolidation

Through debt consolidation, you can combine your debt into a single monthly repayment, which allows you to repay multiple creditors.