BANKRUPTCY TRUSTEE IN HIGH PRAIRIE, ALBERTA
Do you need to find a bankruptcy trustee in High Prairie? 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.
Turn to your local MNP LTD for our highly customized solutions, and you'll soon understand why Canadians have been turning to us for more than 50 years. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Call us today to get started on regaining your financial stability.
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You may be eligible for a range of debt help solutions
The bankruptcy-filing process helps give individuals experiencing financial troubles a fresh financial start. Bankruptcy is governed 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. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
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 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 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 allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.
When it comes to selecting a bankruptcy trustee in High Prairie, you can expect MNP LTD to be there for you throughout the filing process, every step of the way. You can also feel good knowing we will discuss any alternatives that may be on the table. Together, we can walk you through all your available options.