BANKRUPTCY TRUSTEE IN YOUNGSTOWN, ALBERTA
Do you require a bankruptcy trustee in Youngstown? MNP LTD assists thousands of Canadians on an annual basis, helping them overcome their struggles with debt. We're here to help you through your financial situation, no matter how complex or impossible you may think it to be.
When you stop by your local MNP LTD office in Calgary (Downtown), you will be greeted by friendly, experienced professionals with an in-depth knowledge of debt solutions. Their top priority is to help you put your finances back in order and do away with unruly debt. Contact us today if you're ready to take the reins on your financial future.
There is 1 office near you
We can help you weigh your options
The goal of filing for bankruptcy is to reduce or free yourself from debt. 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. It could even be the case that you have viable alternatives to bankruptcy, such as making a consumer proposal.
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 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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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.
If you're ready to speak with a bankruptcy trustee in Youngstown, then you're already on your way to gaining the helpful and professional advice from MNP LTD You can also feel good knowing we will discuss any alternatives that may be on the table. Together, we can walk you through all your available options.