Bowden
Red Deer, AB
T4N 4L9
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LICENSED INSOLVENCY TRUSTEE IN BOWDEN, ALBERTA
Do you need to find a Licensed Insolvency Trustee (formerly known as Bankruptcy Trustee or Trustee in Bankruptcy) in Bowden? When faced with debt, thousands of Canadians have turned to MNP LTD for the trusted help they need. 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.
Your local MNP LTD office in Red Deer is your source for friendly, courteous, professionally-trained debt solution professionals. Their number one priority is to help you take control of your finances and leave unmanageable debt in the past. Get in touch with us today if you feel it’s time to take charge of your financial future.
There is 1 office near you
Determining the right debt help solution for your needs
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. Bankruptcy is governed by the Bankruptcy and Insolvency Act. Before you begin, you should visit your local MNP LTD Licensed Insolvency Trustee, who will evaluate your situation and walk you through all available options. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
When evaluating your options, take the following into consideration:
- 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 right solutions
Informal Debt Settlement
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
Debt consolidation gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
Orderly Payment of Debt
Under this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
Personal Bankruptcy
When it comes to your restoring your credit, there’s more than one way to get it done. Together with your MNP LTD Licensed Insolvency Trustee, you can review the advantages and disadvantages of each of your available options.
When it comes to selecting a Licensed Insolvency Trustee in Bowden, you can expect MNP LTD to be there for you throughout the filing process, every step of the way. We will also help you consider and assess any other solutions that may be available to you. Together, we’ll guide you through the available options.