BANKRUPTCY TRUSTEE IN TABER, ALBERTA
Are you in search of a bankruptcy trustee in Taber, to help you through a tough financial situation? When faced with debt, thousands of Canadians have turned to MNP LTD for the trusted help they need. We're here to help you through your financial situation, no matter how complex or impossible you may think it to be.
When you visit your local MNP LTD office in Taber, you can expect considerate, personalized service from highly-trained debt solution professionals. Their number one priority is to help you take control of your finances and leave unmanageable debt in the past. Contact us today and get ready for a brighter financial future.
There is 1 office near you
We will outline all of your options
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. It 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.
When evaluating your options, take the following into consideration:
- 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 how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
Debt consolidation consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.
When it comes to selecting a bankruptcy trustee in Taber, you can expect MNP LTD to be there for you throughout the filing process, every step of the way. You can also trust that we will explore any other paths that you may be able to take. With our help, we can walk you through all your available options.