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Filing for Bankruptcy in Foremost, Alberta

Thinking about declaring bankruptcy in Foremost? Speak to your local MNP LTD, where you'll discover a range of solutions. Every year, we help thousands of Canadians find trusted solutions for their financial problems, 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 having debt encompass your life. Contact us now and regain control of your life.

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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 MNP LTD Licensed Insolvency Trustee, who will present you with all of your financial options based on the assessment of your current debt situation. In the majority of cases, after hearing the alternatives we have to offer, most people find that alternatives to declaring bankruptcy work better for their particular situation.

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.

Personal Insolvency Counselling

MNP offers permanent life-changing debt solutions to individuals struggling with an overwhelming amount of debt. Our trustees are here to help.

Get Started Now!

Call us today at 587-800-0892 or fill out our form to get a free consultation!

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Our debt solutions are personalized

Consumer Proposal

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).

Informal Debt Settlement

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

Debt consolidation combines your debt into a single monthly repayment  so that you can pay off multiple creditors.

Orderly Payment of Debt

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.

The first thought people have when encountering financial difficulty is filing for bankruptcy. 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.

Find out more about how MNP LTD can help with declaring bankruptcy or guiding you through alternative options -- simply call us at 587-800-0892 to book your FREE confidential consultation today.

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