Filing for Bankruptcy in Fort Macleod, Alberta
Thinking about declaring bankruptcy in Fort Macleod? No matter the level of debt you have, your local MNP LTD Licensed Insolvency Trustee can offer you solutions. 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 debt problems take control of your life. Call us today and get back on track.
There is 1 office near you
What is your best course of action?
Filing for bankruptcy can help legally minimize your amount of debt. 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 determine the best course of action, 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
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 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 consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
The first thought people have when confronted with debt problems is filing forbankruptcy. Depending on your financial situation, more appropriate solutions may be available. 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!