Filing for Bankruptcy in Beaumont, Alberta
Thinking about declaring bankruptcy in Beaumont? No matter the level of debt you have, your local MNP LTD Licensed Insolvency Trustee can offer you solutions. Year after year, we help thousands of Canadians just like you break free from financial hardship.
When you turn to your local MNP LTD office in Leduc, 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. There are options -- discover them with MNP LTD now.
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What is your best course of action?
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. First things first, get in touch with your local MNP LTD to learn about the options that are available to you. In many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.
To find out what is best for you, 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
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 combines your debt into a single monthly repayment so that you can pay off 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. What many don’t know is that there are many alternative debt solutions that may be better fitted to their unique requirements. Together, we can work out a solution that's best for you.