BANKRUPTCY TRUSTEE IN CHAMPION, ALBERTA
Are you searching for a bankruptcy trustee in Champion? Every year, MNP LTD helps thousands of Canadians find a viable way out of debt. We can help you get through tough times by outlining all of your options and helping you choose the solution that's right for you.
When you visit your local MNP LTD office in Lethbridge, you can expect considerate, personalized service from highly-trained debt solution professionals. Their number one priority is to help you take control of your finances and leave unmanageable debt in the past. Put your financial future back in your hands — contact MNP LTD today.
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Let us help you evaluate 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. The first step should be to speak with your local MNP LTD bankruptcy trustee, who will take a look at your situation and go over the paths you could take. You might even find that viable alternatives to bankruptcy are available to you, such as making a consumer proposal.
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 guidance you need
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 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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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.
For a bankruptcy trustee in Champion you can depend on, turn to MNP LTD; our professionals will guide you through the filing process from beginning to end. You can also be sure that we will review any alternatives that you may qualify for. With our help, we can walk you through all your available options.