BANKRUPTCY TRUSTEE IN COUTTS, ALBERTA
Are you in search of a bankruptcy trustee in Coutts, to help you through a tough financial situation? At MNP LTD, we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. There's no situation too complex for us; so no matter how complex and impossible to fix you may think your financial troubles are, turn to us for a solution that works best for you.
At your nearest MNP LTD location in Lethbridge, you'll find respectful, approachable professionals equipped with debt solution know-how. Our goal is to provide you with expert advice to help you make debt a thing of the past. There's no better time to take charge of your financial future — contact us now.
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We can help you weigh your options
When it comes to filing for bankruptcy, the goal is to lessen or eliminate most or all of your debts. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. Before beginning, your first step should be to contact your local MNP LTD bankruptcy trustee, who will assess your situation and outline the paths that can be taken. 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 guidance you need
A consumer proposal allows you to make arrangements to pay some or all of your unsecured debts through monthly payments over a specified period of time (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 consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
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.
When it comes to selecting a bankruptcy trustee in Coutts, you can expect MNP LTD to be there for you throughout the filing process, every step of the way. You can also feel confident knowing we will go through any other solutions that you may be able to pursue. Together, we can walk you through all your available options.