BANKRUPTCY TRUSTEE IN SEXSMITH, ALBERTA
Are you in search of a bankruptcy trustee in Sexsmith? MNP LTD. has helped numerous Canadians put their debt behind them — and we can help you, too. We understand that unfavourable financial situations can arise for a number of different reasons; we also recognize that solvency is possible through tailored solutions.
At your nearest MNP LTD. location in Grande Prairie, you'll find respectful, approachable professionals equipped with debt solution know-how. They are dedicated to making sure your finances are back in your control — and that debt troubles are no longer an issue. Call us today to get started on regaining your financial stability.
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Let us help you evaluate your options
Filing for bankruptcy can help you gain a new financial start. Bankruptcy is governed by the Bankruptcy and Insolvency Act. Your initial step should be to get in touch with your local MNP LTD. bankruptcy trustee, who will review your situation and outline your options. Alternatives to bankruptcy may be available to you, in which can you can assess your options before deciding to go bankrupt or not.
When considering which debt solution to choose, ask yourself the following questions:
- 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 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 this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
When it comes to choosing a bankruptcy trustee in Sexsmith, you can rest assured that MNP LTD. is here to guide you through the filing process from start to finish. You can also trust that we will explore any other paths that you may be able to take. With our help, we can ensure all your options have been assessed.