BANKRUPTCY TRUSTEE IN REDCLIFF, ALBERTA
Do you require a bankruptcy trustee in Redcliff? MNP LTD assists thousands of Canadians on an annual basis, helping them overcome their struggles with debt. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
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. They're committed to helping you get your finances back on track —and to making debt a thing of the past. There's no better time to take charge of your financial future — contact us now.
There is 1 office near you
Find out which debt help solutions are available to you
If you're in need of a fresh financial start, filing for bankruptcy may be a viable option. The Bankruptcy and Insolvency Act regulates the law on bankruptcy. 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. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
The following should be considered when determining best solution to your financial troubles:
- 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 right solutions
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 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 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.
When you're ready to speak with a bankruptcy trustee in Redcliff, you can rest easy knowing the professionals at MNP LTD are here to walk you through every step of the filing process. You can also be sure that we will review any alternatives that you may qualify for. With our help, we can ensure all your options have been assessed.