BANKRUPTCY TRUSTEE IN BRAGG CREEK, ALBERTA
Do you need the help of a bankruptcy trustee in Bragg Creek? Every year, MNP LTD helps thousands of Canadians find a viable way out of debt. We understand that unfavourable financial situations can arise for a number of different reasons; we also recognize that solvency is possible through tailored solutions.
At your nearest MNP LTD location in Calgary (Downtown), you'll find respectful, approachable professionals equipped with debt solution know-how. They're committed to helping you get your finances back on track —and to making debt a thing of the past. There's no better time to take charge of your financial future — contact us now.
There is 1 office near you
We will outline all of your options
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 bankruptcy trustee, who will evaluate your situation and walk you through all available options. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
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
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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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.
If you're ready to speak with a bankruptcy trustee in Bragg Creek, you can rest assured you're well on your way to receiving sound professional advice you can count on. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. Together, we’ll guide you through the available options.