BANKRUPTCY TRUSTEE IN LITTLE BUFFALO LAKE, ALBERTA
Are you in search of a bankruptcy trustee in Little Buffalo Lake, to help you through a tough financial situation? Each year, MNP LTD works with thousands of Canadians to help them manage their financial troubles. No matter how simple or complex your financial situation may be, or even if you feel that solvency seems unfeasible, you can count on us to help pinpoint the right solution for your needs.
At your nearby MNP LTD office in Peace River, you will be looked after by helpful, understanding professionals with extensive debt solution know-how. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Contact us today if you're ready to take the reins on your financial future.
There is 1 office near you
We will outline all of your options
When it comes to filing for bankruptcy, the goal is to lessen or eliminate most or all of your debts. It is regulated by the Bankruptcy and Insolvency Act. Before you begin, you should visit your local MNP LTD bankruptcy trustee, who will evaluate your situation and walk you through all available options. It could even be the case that you have viable alternatives to bankruptcy, such as making a consumer proposal.
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.
The consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (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 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 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 you're ready to speak with a bankruptcy trustee in Little Buffalo Lake, you can rest easy knowing the professionals at MNP LTD are here to walk you through every step of the filing process. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. With our help, we can walk you through all your available options.