BANKRUPTCY TRUSTEE IN PICTURE BUTTE, ALBERTA
Do you need to find a bankruptcy trustee in Picture Butte? At MNP LTD., we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. We can help you get through tough times by outlining all of your options and helping you choose the solution that's right for you.
When you stop by your local MNP LTD. office in Lethbridge, you will be greeted by friendly, experienced professionals with an in-depth knowledge of debt solutions. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Put your financial future back in your hands — contact MNP LTD. today.
There is 1 office near you
We can help you weigh your options
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. 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. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
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.
We're here for you
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 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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
Under the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
If you're ready to speak with a bankruptcy trustee in Picture Butte, you can rest assured you're well on your way to receiving sound professional advice you can count on. Feel confident knowing that with us you'll receive a solution that's been tailored to your particular situation. Together, we can walk you through all your available options.