BANKRUPTCY TRUSTEE IN GRASSY LAKE, ALBERTA
Are you searching for a bankruptcy trustee in Grassy Lake? MNP LTD has helped numerous Canadians put their debt behind them — and we can help you, too. We understand that unfavourable financial situations can arise for a number of different reasons; we also recognize that solvency is possible through tailored solutions.
When you visit the MNP LTD office nearest you, you can expect attentive service from professionals who are leaders in their field. Their main goal is to assist you in gaining control of your finances and putting uncontrollable debt behind you. Call us today to get started on regaining your financial stability.
There is 1 office near you
We can help you weigh your options
The aim of filing for bankruptcy is to reduce and eventually get rid of your debts. It is regulated 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. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
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 consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (up to a maximum of 5 years).
Depending on the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or 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.
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.
The bankruptcy trustee in Grassy Lake you need is here at MNP LTD; when you turn to us, you can rest assured that you will be guided through the filing process every step of the way. You can also be sure that we will review any alternatives that you may qualify for. Together, we can walk you through all your available options.