Olds
Calgary, AB
T2P 0H3
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LICENSED INSOLVENCY TRUSTEE IN OLDS, ALBERTA
Are you in need of a Licensed Insolvency Trustee (formerly known as Bankruptcy Trustee or Trustee in Bankruptcy) in Olds? At MNP LTD, we pride ourselves on helping thousands of Canadians each year overcome their financial troubles -- and we want to help you too. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
At your nearest MNP LTD location in Calgary (Downtown), you'll find respectful, approachable professionals equipped with debt solution know-how. They make it their mission to help ensure you regain control of your finances and leave debt problems behind you. So if you're ready to tackle your financial stresses head-on, get in touch with MNP LTD now.
There are 2 offices near you
We can help you weigh your options
If you're in need of a fresh financial start, filing for bankruptcy may be a viable option. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. First thing's first: you should get in contact with your local MNP LTD Licensed Insolvency Trustee, who will review your financial situation and determine all available options. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
When considering which debt solution to choose, ask yourself the following questions:
- 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
Informal Debt Settlement
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.
Orderly Payment of Debt
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.
Personal Bankruptcy
There are many ways you can restore your credit. Together, the advantages and disadvantages of each of your options will be reviewed.
When it comes to choosing a Licensed Insolvency Trustee in Olds, you can rest assured that MNP LTD is here to guide you through the filing process from start to finish. Feel confident knowing that with us you'll receive a solution that's been tailored to your particular situation. With our help, we can ensure all your options have been assessed.