Filing for Bankruptcy in Bassano, Alberta
Are you considering declaring bankruptcy in Bassano? 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 Brooks, you'll discover a staff of dedicated, skilled and experienced professionals from the same community as you. Don’t let your debt troubles get out of control. Contact us now and regain control of your life.
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. Step one is to contact your nearest
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.
Our debt solutions are personalized
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 your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up 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.
When many people experience debt problems often, their first thoughts are filing for bankruptcy. Depending on your financial situation, more appropriate solutions may be available. We'll work together to create a plan that works best for you.