BANKRUPTCY TRUSTEE IN LLOYDMINSTER, ALBERTA
Looking to find a bankruptcy trustee in Lloydminster? Each year, MNP LTD. works with thousands of Canadians to help them manage their financial troubles. There's no situation too complex for us; so no matter how complex and impossible to fix you may think your financial troubles are, turn to us for a solution that works best for you.
Turn to your local MNP LTD. for our highly customized solutions, and you'll soon understand why Canadians have been turning to us for more than 50 years. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Contact us today if you're ready to take the reins on your financial future.
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We can help you weigh your options
The goal of filing for bankruptcy is to reduce or free yourself from debt. The Bankruptcy and Insolvency Act regulates the law on bankruptcy. Before beginning, your first step should be to contact your local MNP LTD. bankruptcy trustee, who will assess your situation and outline the paths that can be taken. Discover the options available to you and make an informed choice on your financial future.
When considering which debt solution to choose, ask yourself the following questions:
- Do you regularly spend more than you earn?
- Are you facing legal action (e.g. garnishment)?
- Do you use your credit card for everyday necessities?
- Are you at risk of having your credit card revoked?
- Have you been receiving collection letters or phone calls from your creditors?
- Are your financial struggles causing you stress?
If any of these questions ring true for you, it’s time to talk to our dedicated debt professionals.
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 how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
When you're ready to speak with a bankruptcy trustee in Lloydminster, you can rest easy knowing the professionals at MNP LTD. are here to walk you through every step of the filing process. You can also rest easy knowing that we’ll explore any other options that may be available to you. Together, we can walk you through all your available options.