BANKRUPTCY TRUSTEE IN BLACKIE, ALBERTA
Are you in search of a bankruptcy trustee in Blackie, to help you through a tough financial situation? Every year, MNP LTD. helps thousands of Canadians find a viable way out of debt. We can help you get through tough times by outlining all of your options and helping you choose the solution that's right for you.
At your nearby MNP LTD. office in Calgary (Downtown), you will be looked after by helpful, understanding professionals with extensive debt solution know-how. Our goal is to provide you with expert advice to help you make debt a thing of the past. Contact us today and get ready for a brighter financial future.
There is 1 office near you
Determining the right debt help solution for your needs
When it comes to filing for bankruptcy, the goal is to lessen or eliminate most or all of your debts. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. First thing's first: you should get in contact with your local MNP LTD. bankruptcy trustee, who will review your financial situation and determine all available options. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
The following should be considered when determining best solution to your financial troubles:
- 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 guidance you need
The consumer proposal is a process that helps you pay off your entire debt or an agreed upon portion, either monthly or within a specific 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.
With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.
When it's time to choose a bankruptcy trustee in Blackie, you can find peace of mind knowing MNP LTD. will take you through the filing process step-by-step. You can also trust that we will explore any other paths that you may be able to take. Together, we can walk you through all your available options.