Filing for Bankruptcy in Airdrie, Alberta
Are you considering declaring bankruptcy in Airdrie? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD. Licensed Insolvency Trustee. Thousands of Canadians experience financial hardship every year, and for more than 50 years we have been there to help and provide solutions.
When you turn to your local MNP LTD. office in Airdrie, you'll discover a staff of dedicated, skilled and experienced professionals from the same community as you. Don’t let debt problems take control of your life. Contact us now and regain control of your life.
There is 1 office near you
Could other debt alternatives provide relief?
Filing for Bankruptcy is a legal process which can help free you from most of your debts. It is regulated by the Bankruptcy and Insolvency Act. The first and most important step is to contact your
To determine how to handle your debt effectively, think about your current financial situation.
- Spending more than you earn?
- Facing legal action, such as garnishment?
- Using credit cards for necessities?
- At risk of losing credit card privileges?
- Receiving harassing collection letters or phone calls?
- Stressed out due to financial problems?
If this sounds like you and you are experiencing some or all of the above, contact us today.
How your situation can benefit from our solutions
A consumer proposal allows you to make arrangements to pay some or all 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 the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
The first thought people have when encountering financial difficulty is filing for bankruptcy. There are of course many alternatives that may be more suitable for your situation. We'll work together to create a plan that works best for you.