Filing for Bankruptcy in Edmonton, Alberta
Considering declaring bankruptcy in Edmonton? No matter how bad or overwhelming your debt might seem, there are always solutions - and your MNP LTD Licensed Insolvency Trustee can help. Year after year, we help thousands of Canadians just like you break free from financial hardship.
You can find an MNP LTD office in Edmonton (North East) that is staffed with professionally trained debt solution experts with experience in how to file bankruptcy. Don't let having debt encompass your life. Call us today and get back on track.
There are 5 offices near you
What is your best course of action?
When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Edmonton. It is regulated by the Bankruptcy and Insolvency Act. First, you must contact your nearest MNP LTD Licensed Insolvency Trustee, who will go over and explain your options based on your overall financial 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 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.
How your situation can benefit from our solutions
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 the amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.
Debt consolidation gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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.
Often times, when individuals face financial problems their first instinct is declaring bankruptcy. There are of course many alternatives that may be more suitable for your 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 587-401-3499 or complete our online form to request your FREE, confidential consultation today!