BANKRUPTCY TRUSTEE IN GRIMSHAW, ALBERTA
Looking to find a bankruptcy trustee in Grimshaw? MNP LTD. assists thousands of Canadians on an annual basis, helping them overcome their struggles with debt. 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 Peace River, you'll find respectful, approachable professionals equipped with debt solution know-how. Their top priority is to help you put your finances back in order and do away with unruly debt. Call us today to get started on regaining your financial stability.
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Let us help you evaluate your options
The purpose of filing for bankruptcy is to provide you with a fresh financial start. Bankruptcy 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. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
In order to determine the best solution for your financial situation, it's important to contemplate 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.
We're here to help
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 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 allows you to pull all your debt into one primary monthly repayment which can be repaid to 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.
When it comes to choosing a bankruptcy trustee in Grimshaw, you can rest assured that MNP LTD. is here to guide you through the filing process from start to finish. You can also trust that we will explore any other paths that you may be able to take. Together, we’ll guide you through the available options.