BANKRUPTCY TRUSTEE IN CASTOR, ALBERTA
Do you require a bankruptcy trustee in Castor? At MNP LTD, we pride ourselves on helping thousands of Canadians each year overcome their financial troubles -- and we want to help you too. Regardless of the financial situation you find yourself in, we can help make the path to solvency possible by working with you to determine the solution that's right for you.
When you stop by your local MNP LTD office in Red Deer, you will be greeted by friendly, experienced professionals with an in-depth knowledge of debt solutions. Our main goal is to provide you with the professional advice you need to put debt behind you. Contact us today if you're ready to take the reins on your financial future.
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Find out which debt help solutions are available to you
If you're in need of a fresh financial start, filing for bankruptcy may be a viable option. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. It's always a good idea to speak with a bankruptcy trustee to go through all the options available to you, and ensure you're making the best possible choice. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
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 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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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.
If you're ready to speak with a bankruptcy trustee in Castor, 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. With our help, we can walk you through all your available options.