Filing for Bankruptcy in Enchant, Alberta
Are you considering declaring bankruptcy in Enchant? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD. Licensed Insolvency Trustee. Thousands of Canadians experience financial hardship every year, and for more than 50 years we have been there to help and provide solutions.
Our local MNP LTD. office in Taber employs knowledgeable and courteous professionals with experience in filing for bankruptcy that work and live in the same communities as you. Don’t allow debt to consume your life. There are options -- discover them with MNP LTD. now.
There is 1 office near you
Could other debt alternatives provide relief?
Filing for Bankruptcy is a legal process which can help free you from most of your debts. It is regulated by the Bankruptcy and Insolvency Act. The first and most important step is to contact your
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.
Our debt solutions are personalized
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 consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.
Most people feel that with their debt piling up, filing for bankruptcy is the best course of action. However, there are many solutions that may be better suited to your particular financial situation. Together, we can work out a solution that's best for you.