BANKRUPTCY TRUSTEE IN SALT SPRING ISLAND, BRITISH COLUMBIA
Do you need to find a bankruptcy trustee in Salt Spring Island? At MNP LTD, we pride ourselves on helping thousands of Canadians each year overcome their financial troubles -- and we want to help you too. We can help you get through tough times by outlining all of your options and helping you choose the solution that's right for you.
Turn to your local MNP LTD for our highly customized solutions, and you'll soon understand why Canadians have been turning to us for more than 50 years. 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
The goal of filing for bankruptcy is to reduce or free yourself from debt. It is regulated by the Bankruptcy and Insolvency Act. Before starting, the first thing you should do is reach out to your local MNP LTD bankruptcy trustee, who will evaluate your situation and explain the options available to you. It could even be the case that you have viable alternatives to bankruptcy, such as making a consumer proposal.
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 consumer proposal simply allows you to make arrangements to pay all — or part — of your unsecured debts through monthly payments over a defined period of time (up to a 5-year maximum).
Subject to the total amount of debt you carry, this is an option to contact your creditors directly and discuss a reduced interest rate or a repayment schedule that suits your situation.
Through debt consolidation, you can combine your debt into a single monthly repayment, which allows you to repay multiple creditors.
If you're ready to speak with a bankruptcy trustee in Salt Spring Island, then you're already on your way to gaining the helpful and professional advice from MNP LTD You can also feel confident knowing we will go through any other solutions that you may be able to pursue. Together, we’ll guide you through the available options.