BANKRUPTCY TRUSTEE IN STIRLING, ALBERTA
Are you in search of a bankruptcy trustee in Stirling? At MNP LTD., we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. We're here to help you through your financial situation, no matter how complex or impossible you may think it to be.
At your nearest MNP LTD. location in Lethbridge, you'll find respectful, approachable professionals equipped with debt solution know-how. Their top priority is to help you put your finances back in order and do away with unruly debt. Put your financial future back in your hands — contact MNP LTD. today.
There is 1 office near you
Determining the right debt help solution for your needs
The purpose of filing for bankruptcy is to provide you with a fresh financial start. In Canada, 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 available to you, in which can you can assess your options before deciding to go bankrupt or not.
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 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 amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.
Debt consolidation combines your debt into a single monthly repayment so that you can pay off 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.
For a bankruptcy trustee in Stirling you can depend on, turn to MNP LTD.; our professionals will guide you through the filing process from beginning to end. We will also help you consider and assess any other solutions that may be available to you. Together, we’ll guide you through the available options.