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Filing for Bankruptcy in Calmar, Alberta

Considering declaring bankruptcy in Calmar? Start by turning to the trusted professionals at your local MNP LTD to uncover the many options you may have. Every year, we help thousands of Canadians find trusted solutions for their financial problems, and we can help you too.

Our local MNP LTD office in Leduc has informative and highly recommended professionals with experience in filing for bankruptcy who work and live in your area. Don’t let debt problems take control of your life. You have options; discover them with MNP LTD today.

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Could other debt alternatives provide relief?

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 and most important step is to contact your MNP LTD Licensed Insolvency Trustee, who will present you with all of your financial options based on the assessment of your current debt situation. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.

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.

Personal Insolvency Counselling

MNP offers permanent life-changing debt solutions to individuals struggling with an overwhelming amount of debt. Our trustees are here to help.

Get Started Now!

Call us today at 587-401-3499 or fill out our form to get a free consultation!

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We tailor our solutions to your situation

Consumer Proposal

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). 

Informal Debt Settlement

Depending on how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.

Debt Consolidation

Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.

Orderly Payment of Debt

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.

When many people experience debt problems often, their first thoughts are 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.

To learn more about declaring bankruptcy and other debt solutions provided by MNP LTD, call us at 587-401-3499 or submit our online form to request your FREE, confidential consultation!