BANKRUPTCY TRUSTEE IN FORT MACLEOD, ALBERTA
Do you require a bankruptcy trustee in Fort Macleod? At MNP LTD, we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. 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.
At your nearest MNP LTD location in Lethbridge, you'll find respectful, approachable professionals equipped with debt solution know-how. 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
You may be eligible for a range of debt help solutions
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. It is governed by the Bankruptcy and Insolvency Act. Your initial step should be to get in touch with your local MNP LTD bankruptcy trustee, who will review your situation and outline your options. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
In order to arrive at the best remedy for your particular financial situation, it’s important to consider the following:
- 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 right solutions
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 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 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 consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
When it comes to choosing a bankruptcy trustee in Fort Macleod, you can rest assured that MNP LTD is here to guide you through the filing process from start to finish. We will also help you consider and assess any other solutions that may be available to you. With our help, we can ensure all your options have been assessed.