BANKRUPTCY TRUSTEE IN COUTTS, ALBERTA
Do you require a bankruptcy trustee in Coutts? Each year, MNP LTD works with thousands of Canadians to help them manage their financial troubles. It doesn’t matter how straightforward or complicated your financial situation may be, or even if the path to solvency seems impossible: we’re here to provide the tailored, common-sense solutions you need.
When you visit the MNP LTD office nearest you, you can expect attentive service from professionals who are leaders in their field. Their main goal is to assist you in gaining control of your finances and putting uncontrollable debt behind you. Contact us today if you're ready to take the reins on your financial future.
There is 1 office near you
We will outline all of your options
The goal of filing for bankruptcy is to reduce or free yourself from debt. It is governed by the Bankruptcy and Insolvency Act. Before you begin, you should visit your local MNP LTD bankruptcy trustee, who will evaluate your situation and walk you through 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 considering which debt solution to choose, ask yourself the following questions:
- 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 the amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up 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 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 Coutts, you can rest assured you're well on your way to receiving sound professional advice you can count on. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. With our help, we can ensure all your options have been assessed.