BANKRUPTCY TRUSTEE IN MEDICINE HAT, ALBERTA
Do you need to find a bankruptcy trustee in Medicine Hat? MNP LTD. has helped numerous Canadians put their debt behind them — and we can help you, too. 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.
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. Their top priority is to help you put your finances back in order and do away with unruly debt. Get in touch with us today if you feel it’s time to take charge of your financial future.
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You may be eligible for a range of debt help solutions
If you're in need of a fresh financial start, filing for bankruptcy may be a viable option. Bankruptcy is governed by the Bankruptcy and Insolvency Act. It's always a good idea to speak with a bankruptcy trustee to go through all the options available to you, and ensure you're making the best possible choice. It could even be the case that you have viable alternatives to bankruptcy, such as making a consumer proposal.
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 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 combines your debt into a single monthly repayment so that you can pay off 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 choosing a bankruptcy trustee in Medicine Hat, 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 can walk you through all your available options.