BANKRUPTCY TRUSTEE IN STRATHMORE, ALBERTA
Are you in search of a bankruptcy trustee in Strathmore, 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. There's no situation too complex for us; so no matter how complex and impossible to fix you may think your financial troubles are, turn to us for a solution that works best for you.
When you visit MNP LTD, you'll discover a team of considerate professionals ready to provide you with the personalized help you need to regain your financial stability. Our main goal is to provide you with the professional advice you need to put debt behind you. Call us today to get started on regaining your financial stability.
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Find out which debt help solutions are available to you
The process of filing for bankruptcy is designed to reduce or eliminate most of your debts. Bankruptcy 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. Alternatives to bankruptcy may be available to you, in which can you can assess your options before deciding to go bankrupt or not.
The following should be taken into account when considering the debt solutions available to you:
- 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 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.
With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.
For a bankruptcy trustee in Strathmore you can depend on, turn to MNP LTD; our professionals will guide you through the filing process from beginning to end. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. Together, we’ll guide you through the available options.