BANKRUPTCY TRUSTEE IN FOREMOST, ALBERTA
Are you in need of a bankruptcy trustee in Foremost? When faced with debt, thousands of Canadians have turned to MNP LTD for the trusted help they need. Regardless of the financial situation you find yourself in, we can help make the path to solvency possible by working with you to determine the solution that's right for you.
When you visit MNP LTD, you'll discover a team of considerate professionals ready to provide you with the personalized help you need to regain your financial stability. 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.
There is 1 office near you
We will outline all of your options
Filing for bankruptcy can help you gain a new financial start. It 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 may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
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 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 the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate 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.
When it's time to choose a bankruptcy trustee in Foremost, you can find peace of mind knowing MNP LTD will take you through the filing process step-by-step. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. Together, we’ll guide you through the available options.