BANKRUPTCY TRUSTEE IN CONSORT, ALBERTA
Do you need the help of a bankruptcy trustee in Consort? Every year, MNP LTD helps thousands of Canadians find a viable way out of debt. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
When you stop by your local MNP LTD office in Red Deer, you will be greeted by friendly, experienced professionals with an in-depth knowledge of debt solutions. They're committed to helping you get your finances back on track —and to making debt a thing of the past. Contact us today and get ready for a brighter financial future.
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Let us help you evaluate your options
When it comes to filing for bankruptcy, the goal is to lessen or eliminate most or all of your debts. It is governed by the Bankruptcy and Insolvency Act. First thing's first: you should get in contact with your local MNP LTD bankruptcy trustee, who will review your financial situation and determine all available options. It could even be the case that you have viable alternatives to bankruptcy, such as making a consumer proposal.
In order to arrive at the best remedy for your particular financial situation, it’s important to consider 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 right solutions
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 the total amount of debt you may have, this is an option to speak with your creditors directly and arrange a lower interest rate or a repayment schedule that works for you.
Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
Under this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
When it's time to choose a bankruptcy trustee in Consort, you can find peace of mind knowing MNP LTD will take you through the filing process step-by-step. Feel confident knowing that with us you'll receive a solution that's been tailored to your particular situation. With our help, we can walk you through all your available options.