Filing for Bankruptcy in Irvine, Alberta
Considering declaring bankruptcy in Irvine? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. We help thousands of Canadians overcome all types of financial difficulties, and we're here to help you too.
Our local MNP LTD. office in Medicine Hat employs knowledgeable and courteous professionals with experience in filing for bankruptcy that work and live in the same communities as you. Don’t let your debt troubles get out of control. There are options -- discover them with MNP LTD. now.
There is 1 office near you
What is your best course of action?
A legal process, filing for bankruptcy can help reduce the majority of your debts. 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. In many cases, people find declaring Bankruptcy is not required for their financial situation; instead, they follow one of the alternative solutions we offer.
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.
We offer the most effective solution for your situation
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 consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
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.
When many people experience debt problems often, their first thoughts are filing for bankruptcy. There are of course many alternatives that may be more suitable for your situation. Together, we can work out a solution that's best for you.