Filing for Bankruptcy in Hays, Alberta
Considering declaring bankruptcy in Hays? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. 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.
You’ll find a local MNP LTD. office in Taber staffed by knowledgeable professionals with experience in the steps to filing bankruptcy who live and work in the same communities as you do. 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
What is your best course of action?
A legal process that can help free you from most of your debt is filing for bankruptcy in Hays. 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. In the majority of cases, people discover that declaring bankruptcy is not required, but instead follow one of the alternative remedies we provide.
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.
Our debt solutions are personalized
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 total amount of debt you may have, this is an option to speak with your creditors directly and arrange 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 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. We'll work together to create a plan that works best for you.