Filing for Bankruptcy in Claresholm, Alberta
Are you considering declaring bankruptcy in Claresholm? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD Licensed Insolvency Trustee. Every year, thousands of Canadians turn to us to help them get through various types of financial difficulties -- and you can rely on us too.
Our local MNP LTD office in Lethbridge has informative and highly recommended professionals with experience in filing for bankruptcy who work and live in your area. Don’t let your debt troubles get out of control. There are options -- discover them with MNP LTD now.
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 Claresholm. 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. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.
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
A consumer proposal allows you to make arrangements to pay some or all of your unsecured debts through monthly payments over a specified period of time (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 allows you to pull all your debt into one primary monthly repayment which can be repaid to 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. However, there are many solutions that may be better suited to your particular financial situation. We'll work together to create a plan that works best for you.
For more information about declaring bankruptcy and other debt solutions available from MNP LTD, call us at 587-800-0892 or complete our online form to request your FREE, confidential consultation today!