hero image hero image
Life-changing Debt Solutions
"Thank you for the excellent care and understanding"
Find other MNP offices
Find

Filing for Bankruptcy in Caroline, Alberta

Thinking of declaring bankruptcy in Caroline? With the help of your local MNP LTD Licensed Insolvency Trustee, your debt situation can be managed. Year after year, we help thousands of Canadians just like you break free from financial hardship.

You can find an MNP LTD office in Red Deer that is staffed with professionally trained debt solution experts with experience in how to file bankruptcy. Debt problems shouldn't control your life. Call or click to contact us today to discuss available debt solutions.

There is 1 office near you

Should you be looking into other debt solutions?

Filing for bankruptcy can help legally minimize your amount of debt. It is regulated by the Bankruptcy and Insolvency Act. The first step is to contact your local MNP LTD Licensed Insolvency Trustee, who will discuss and explain all of your options based on the assessment of your debt situation. It is not uncommon occurrence, after speaking with us, that people sometimes realize that declaring bankruptcy is not the best solution for them.

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 587-802-4208 or fill out our form to get a free consultation!

FILL OUT FORM

Our debt solutions are personalized

Consumer Proposal

The consumer proposal is a process that helps you pay off your entire debt or an agreed upon portion, either monthly or within a specific period of time (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 consolidates your debt into a single monthly repayment  and allows you to repay multiple creditors.

Orderly Payment of Debt

Under this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.

Most people feel that with their debt piling up, filing for bankruptcy is the best course of action. However, there are many alternatives that may be more appropriate for your particular financial situation. We'll work together to create a plan that works best for you.

Learn more about declaring bankruptcy and other debt solutions today -- simply give us a call at 587-802-4208 or submit an online form to receive a FREE and confidential consultation.