BANKRUPTCY TRUSTEE IN BURDETT, ALBERTA
Are you searching for a bankruptcy trustee in Burdett? Every year, MNP LTD. helps thousands of Canadians find a viable way out of debt. It doesn’t matter how straightforward or complicated your financial situation may be, or even if the path to solvency seems impossible: we’re here to provide the tailored, common-sense solutions you need.
When you visit your local MNP LTD. office in Medicine Hat, you can expect considerate, personalized service from highly-trained debt solution professionals. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Take charge today by giving us a call, and we'll help you regain the financial stability you deserve
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Determining the right debt help solution for your needs
The process of filing for bankruptcy is designed to reduce or eliminate most of your debts. The Bankruptcy and Insolvency Act regulates the law on bankruptcy. 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. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
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.
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 total amount of debt you may have, this is an option to speak with your creditors directly and arrange 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 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.
When it comes to choosing a bankruptcy trustee in Burdett, you can rest assured that MNP LTD. is here to guide you through the filing process from start to finish. You can also rest easy knowing that we’ll explore any other options that may be available to you. With our help, we can ensure all your options have been assessed.