BANKRUPTCY TRUSTEE IN RED DEER, ALBERTA
Do you need to find a bankruptcy trustee in Red Deer? You're not alone: each year, thousands of Canadians find themselves facing financial trouble, which is why they turn to MNP LTD. for help. 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.
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. Our goal is to provide you with expert advice to help you make debt a thing of the past. Call us today to get started on regaining your financial stability.
There is 1 office near you
You may be eligible for a range of debt help solutions
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. It is governed 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. Discover the options available to you and make an informed choice on your financial future.
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 guidance you need
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 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.
Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
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.
When it's time to choose a bankruptcy trustee in Red Deer, you can find peace of mind knowing MNP LTD. will take you through the filing process step-by-step. You can also rest easy knowing that we’ll explore any other options that may be available to you. With our help, we can ensure all your options have been assessed.