BANKRUPTCY TRUSTEE IN TERRACE, BRITISH COLUMBIA
Are you in search of a bankruptcy trustee in Terrace, to help you through a tough financial situation? You're not alone: each year, thousands of Canadians find themselves facing financial trouble, which is why they turn to MNP LTD for help. 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.
When you stop by your local MNP LTD office in Terrace, you will be greeted by friendly, experienced professionals with an in-depth knowledge of debt solutions. Our main goal is to provide you with the professional advice you need to put debt behind you. Contact us today if you're ready to take the reins on your financial future.
There is 1 office near you
We will outline all of your options
The purpose of filing for bankruptcy is to provide you with a fresh financial start. Bankruptcy is governed 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 may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
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 option lets you arrange to pay part, or all, of your unsecured debts through monthly payments over a definite period of time (up to a maximum of 5 years).
Depending on how heavy your debt load is, you may be able to speak with your creditors directly and negotiate a reduced interest rate or repayment schedule that meets your needs.
When it's time to choose a bankruptcy trustee in Terrace, you can find peace of mind knowing MNP LTD will take you through the filing process step-by-step. We will also help you consider and assess any other solutions that may be available to you. Together, we can walk you through all your available options.