BANKRUPTCY TRUSTEE IN COLD LAKE, ALBERTA
Are you in need of a bankruptcy trustee in Cold Lake? Each year, MNP LTD. works with thousands of Canadians to help them manage their financial troubles. 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 Cold Lake, you can expect considerate, personalized service from highly-trained debt solution professionals. Our main goal is to provide you with the professional advice you need to put debt behind you. Contact us today and get ready for a brighter financial future.
There is 1 office near you
We will outline all of your options
Filing for bankruptcy can help you gain a new 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. Alternatives to bankruptcy may be available to you, in which can you can assess your options before deciding to go bankrupt or not.
When evaluating your options, take the following into consideration:
- 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.
We're here to help
The consumer proposal is a simple process that allows you to make arrangements to pay all, or part, of your unsecured debts through monthly payments over a specified period of time (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 combines your debt into a single monthly repayment so that you can pay off 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.
For a bankruptcy trustee in Cold Lake 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. Together, we can walk you through all your available options.