INSOLVENCY IN CASTOR, ALBERTA
When it comes to insolvency in Castor, you can turn to your local MNP LTD. for professional advice to help you through. Regardless of your current financial situation — whether you are currently dealing with creditors or are thinking of filing for bankruptcy — we’re here, ready to help you discover the perfect solution for your unique situation. We pride ourselves on being able to help Canadians navigate through their financial troubles -- and we're standing by to help you too.
For more than 50 years, countless Canadians have relied on us to help them overcome their financial challenges. If you've found yourself struggling with your debt, you can rely on us to create a solution that works best for your situation. Discover your options today by speaking with your local MNP Licensed Insolvency Trustee.
There is 1 office near you
At MNP LTD., you'll find a team of committed professionals who are prepared to make you their priority. Our knowledgeable and supportive Licensed Insolvency Trustees understand the value of effective advice that has your best interest in mind, which is why we take the time to assess your particular situation one-on-one and provide solutions that are tailored to your unique needs. For the most effective course of action, our Licensed Insolvency Trustees are standing by to offer you the expert opinions.
For the ideal solution, you’ll need to step back and determine where you see yourself when it comes to finances. 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 ideal solution for your financial situation
A consumer proposal allows you to make arrangements 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).
Depending on the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule that works for you.
Debt consolidation consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
There are a number of ways to restore your credit. Together, we will review the advantages and disadvantages of each of the options available to you.
If you find yourself struggling with financial debt, it may be difficult to understand the many option available to you. With MNP LTD., we can find a solution that works with your specific, financial needs. Together, we’ll guide you through the available options.