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Filing for Bankruptcy in Castor, Alberta

Considering declaring bankruptcy in Castor? No matter how bad or overwhelming your debt might seem, there are always solutions - and your MNP LTD Licensed Insolvency Trustee can help. We help thousands of Canadians overcome all types of financial difficulties, and we're here to help you too.

Our local MNP LTD office in Red Deer has informative and highly recommended professionals with experience in filing for bankruptcy who work and live in your area. Don’t let debt control your financial future. Call us today and get back on track.

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. First things first, get in touch with your local MNP LTD to learn about the options that are available to you. 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 the right course of action, you'll need to 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!

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How your situation can benefit from our solutions

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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.

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.

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. Together, we can work out a solution that's best for you.

To learn more about declaring bankruptcy and other debt solutions provided by MNP LTD, call us at 587-802-4208 or submit our online form to request your FREE, confidential consultation!