Filing for Bankruptcy in Clairmont, Alberta
Thinking of declaring bankruptcy in Clairmont? With the help of your local MNP LTD. Licensed Insolvency Trustee, your debt situation can be managed. 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 Grande Prairie has informative and highly recommended professionals with experience in filing for bankruptcy who work and live in your area. Don’t allow debt to consume your life. Call us today and get back on track.
There is 1 office near you
Could other debt alternatives provide relief?
When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Clairmont. It is regulated by the Bankruptcy and Insolvency Act. The first thing to do is to speak with your local MNP LTD. Licensed Insolvency Trustee to determine your best course of action. 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.
We offer the most effective solution for your situation
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 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 combines your debt into a single monthly repayment so that you can pay off multiple creditors.
With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.
Those who are met with financial problems often think that declaring bankruptcy is their only option. Depending on your financial situation, more appropriate solutions may be available. Together, we can work out a solution that's best for you.