BANKRUPTCY TRUSTEE IN CALGARY, ALBERTA
Do you need the help of a bankruptcy trustee in Calgary? Every year, MNP LTD helps thousands of Canadians find a viable way out of debt. No matter how simple or complex your financial situation may be, or even if you feel that solvency seems unfeasible, you can count on us to help pinpoint the right solution for your needs.
At your nearby MNP LTD office in Calgary (Downtown), you will be looked after by helpful, understanding professionals with extensive debt solution know-how. Their number one priority is to help you take control of your finances and leave unmanageable debt in the past. Contact us today if you're ready to take the reins on your financial future.
There are 3 offices 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 regulated by the Bankruptcy and Insolvency Act. To ensure you're making the best possible choice, a bankruptcy trustee will be happy to work with to review your options. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
In order to determine the best solution for your financial situation, it's important to contemplate the following:
- 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 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 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.
If you're ready to speak with a bankruptcy trustee in Calgary, then you're already on your way to gaining the helpful and professional advice from MNP LTD 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.