BANKRUPTCY TRUSTEE IN RED DEER, ALBERTA
Looking 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. There's no situation too complex for us; so no matter how complex and impossible to fix you may think your financial troubles are, turn to us for a solution that works best for you.
At your nearby MNP LTD office in Red Deer, you will be looked after by helpful, understanding professionals with extensive debt solution know-how. Their number one priority is to help you take control of your finances and leave unmanageable debt in the past. So if you're ready to tackle your financial stresses head-on, get in touch with MNP LTD now.
There is 1 office 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. Bankruptcy is regulated by the Bankruptcy and Insolvency Act. First thing's first: you should get in contact with your local MNP LTD bankruptcy trustee, who will review your financial situation and determine all available options. Alternatives to bankruptcy may be presented to you, in which case you can weigh your options before making a decision.
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 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 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 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 Red Deer, you can rest assured you're well on your way to receiving sound professional advice you can count on. You can also rest easy knowing that we’ll explore any other options that may be available to you. With our help, we can walk you through all your available options.