BANKRUPTCY TRUSTEE IN TERRACE, BRITISH COLUMBIA
Are you in search of a bankruptcy trustee in Terrace, to help you through a tough financial situation? At MNP LTD, we're dedicated to helping Canadians overcome their financial struggles with expert advice and solutions. We understand that unfavourable financial situations can arise for a number of different reasons; we also recognize that solvency is possible through tailored solutions.
At your nearest MNP LTD location in Terrace, you'll find respectful, approachable professionals equipped with debt solution know-how. Their main goal is to assist you in gaining control of your finances and putting uncontrollable debt behind you. There's no better time to take charge of your financial future — contact us now.
There is 1 office near you
Let us help you evaluate 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. Before you begin, you should visit your local MNP LTD bankruptcy trustee, who will evaluate your situation and walk you through all available options. You may find out that you have options other than filing for bankruptcy — making a consumer proposal, for example.
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 guidance you need
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.
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 Terrace, 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’ll guide you through the available options.