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DECLARING BANKRUPTCY IN STRATFORD, ONTARIO

If you’re thinking of declaring bankruptcy in Stratford, let your local MNP LTD. Licensed Insolvency Trustee assist you. For more than 50 years, Canadians have relied on MNP LTD. for practical financial solutions to help them through their financial troubles.

Turn to your local MNP LTD. office to discover a team of experienced and supportive professionals who know just what it'll take for you to regain your financial stability. 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 is aimed at helping you minimize your 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 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

Many times, when dealing with financial troubles, the first thought people have is filing for bankruptcy. But there are many other courses of action that may be more suitable to your financial situation. These include:

Consumer Proposal

Opting for a consumer proposal means you can make arrangements to pay some or all your unsecured debts through monthly payments over a specific period of time (up to a maximum of 5 years). 

Informal Debt Settlement

Depending on the amount of debt you’ve accumulated, you may have the option to consult with your creditors directly and negotiate a lower interest rate or a repayment schedule that meets your needs.

Debt Consolidation

Debt consolidation gathers your debt into a single monthly repayment so that you can repay multiple creditors.