BANKRUPTCY TRUSTEE IN EDMONTON, ALBERTA
Do you need to find a bankruptcy trustee in Edmonton? You're not alone: each year, thousands of Canadians find themselves facing financial trouble, which is why they turn to MNP LTD. for help. We understand that unfavourable financial situations can arise for a number of different reasons; we also recognize that solvency is possible through tailored solutions.
Your local MNP LTD. office in Edmonton (North East) is your source for friendly, courteous, professionally-trained debt solution professionals. They're committed to helping you get your finances back on track —and to making debt a thing of the past. So if you're ready to tackle your financial stresses head-on, get in touch with MNP LTD. now.
There are 5 offices near you
We will outline all of your options
Filing for bankruptcy can help you gain a new financial start. Bankruptcy is governed 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. You might even find that viable alternatives to bankruptcy are available to you, such as making a consumer proposal.
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.
We're here for you
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 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 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 Edmonton, then you're already on your way to gaining the helpful and professional advice from MNP LTD. You can also feel good knowing we will discuss any alternatives that may be on the table. With our help, we can ensure all your options have been assessed.