BANKRUPTCY TRUSTEE IN REDWATER, ALBERTA
Are you in search of a bankruptcy trustee in Redwater? MNP LTD has helped numerous Canadians put their debt behind them — and we can help you, too. Regardless of the financial situation you find yourself in, we can help make the path to solvency possible by working with you to determine the solution that's right for you.
Your local MNP LTD office in Edmonton (North East) is your source for friendly, courteous, professionally-trained debt solution professionals. Our main goal is to provide you with the professional advice you need to put debt behind you. Get in touch with us today if you feel it’s time to take charge of your financial future.
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. The Bankruptcy and Insolvency Act regulates the law on bankruptcy. To ensure you're making the best possible choice, a bankruptcy trustee will be happy to work with to review your options. You might even find that viable alternatives to bankruptcy are available to you, such as making a consumer proposal.
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.
We're here for you
The consumer proposal is a process that helps you pay off your entire debt or an agreed upon portion, either monthly or within a specific period of time (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 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.
If you're ready to speak with a bankruptcy trustee in Redwater, 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. With our help, we can walk you through all your available options.