BANKRUPTCY TRUSTEE IN CALMAR, ALBERTA
Do you need the help of a bankruptcy trustee in Calmar? MNP LTD assists thousands of Canadians on an annual basis, helping them overcome their struggles with 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.
Turn to your local MNP LTD for our highly customized solutions, and you'll soon understand why Canadians have been turning to us for more than 50 years. They make it their mission to help ensure you regain control of your finances and leave debt problems behind you. Call us today to get started on regaining your financial stability.
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Let us help you evaluate your options
The bankruptcy-filing process helps give individuals experiencing financial troubles a fresh financial start. 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. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
The following should be taken into account when considering the debt solutions available to you:
- 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 consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (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 consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
The bankruptcy trustee in Calmar you need is here at MNP LTD; when you turn to us, you can rest assured that you will be guided through the filing process every step of the way. You can also feel good knowing we will discuss any alternatives that may be on the table. With our help, we can walk you through all your available options.