Filing for Bankruptcy in Ardrossan, Alberta
Thinking about declaring bankruptcy in Ardrossan? Speak to your local MNP LTD., where you'll discover a range of solutions. Year after year, we help thousands of Canadians just like you break free from financial hardship.
You can find an MNP LTD. office in Sherwood Park that is staffed with professionally trained debt solution experts with experience in how to file bankruptcy. Don’t let debt problems take control of your life. Contact us today and regain control of your finances.
There is 1 office near you
Should you be looking into other debt solutions?
Filing for Bankruptcy is an entirely legal process and can be effective in reducing the majority of your debt. It is regulated by the Bankruptcy and Insolvency Act. The first thing to do is to speak with your local MNP LTD. Licensed Insolvency Trustee to determine your best course of action. In many cases, people find declaring Bankruptcy is not required for their financial situation; instead, they follow one of the alternative solutions we offer.
To determine the best course of action, 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.
Our debt solutions are personalized
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 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 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 will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
The first thought people have when confronted with debt problems is filing forbankruptcy. However, there are many solutions that may be better suited to your particular financial situation. Together, we can work out a solution that's best for you.
For more information about declaring bankruptcy and other debt solutions available from MNP LTD., call us at 587-401-3499 or complete our online form to request your FREE, confidential consultation today!