BANKRUPTCY TRUSTEE IN VULCAN, ALBERTA
Do you require a bankruptcy trustee in Vulcan? Each year, MNP LTD works with thousands of Canadians to help them manage their financial troubles. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
Your local MNP LTD office in Calgary (Downtown) is your source for friendly, courteous, professionally-trained debt solution professionals. Our goal is to provide you with expert advice to help you make debt a thing of the past. So if you're ready to tackle your financial stresses head-on, get in touch with MNP LTD now.
There is 1 office near you
Find out which debt help solutions are available to you
The purpose of filing for bankruptcy is to provide you with a fresh financial start. It is regulated 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 presented to you, in which case you can weigh your options before making a decision.
In order to determine the best solution for your financial situation, it's important to contemplate 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.
The guidance you need
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 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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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 Vulcan, you can rest assured you're well on your way to receiving sound professional advice you can count on. You can also be sure that we will review any alternatives that you may qualify for. Together, we’ll guide you through the available options.