Filing for Bankruptcy in Coronation, Alberta
Thinking of declaring bankruptcy in Coronation? With the help of your local MNP LTD. Licensed Insolvency Trustee, your debt situation can be managed. Every year, we help thousands of Canadians work through financial difficulties at all levels and we can help you too.
Your local MNP LTD. is staffed with dedicated professionals who are a part of and familiar with your community. Don’t let debt problems take control of your life. Contact us now and regain control of your life.
There is 1 office near you
Should you be looking into other debt solutions?
When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Coronation. It is regulated by the Bankruptcy and Insolvency Act. Step one is to contact your nearest
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.
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 the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule that works for you.
Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
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. 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.