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Filing for Bankruptcy in Lacombe, Alberta

Thinking of declaring bankruptcy in Lacombe? With the help of your local MNP LTD Licensed Insolvency Trustee, your debt situation can be managed. Year after year, we help thousands of Canadians just like you break free from financial hardship.

Our local MNP LTD office in Red Deer employs knowledgeable and courteous professionals with experience in filing for bankruptcy that work and live in the same communities as you. Don't let having debt encompass your life. Contact us today and regain control of your finances.

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Is it time to consider other debt help options?

Filing for bankruptcy can help legally minimize your amount of debt. It is regulated by the Bankruptcy and Insolvency Act. The first step is to contact your local MNP LTD Licensed Insolvency Trustee, who will discuss and explain all of your options based on the assessment of your debt situation. It is not uncommon occurrence, after speaking with us, that people sometimes realize that declaring bankruptcy is not the best solution for them.

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 587-802-4208 or fill out our form to get a free consultation!

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Our debt solutions are personalized

Consumer Proposal

The consumer proposal is a process that helps you pay off your entire debt or an agreed upon portion, either monthly or within a specific period of time (up to a maximum of 5 years). 

Informal Debt Settlement

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

Debt consolidation allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.

Orderly Payment of Debt

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.

Often times, when individuals face financial problems their first instinct is declaring bankruptcy. What many don’t know is that there are many alternative debt solutions that may be better fitted to their unique requirements. Together, we can work out a solution that's best for you.

Learn more about declaring bankruptcy and other debt solutions today -- simply give us a call at 587-802-4208 or submit an online form to receive a FREE and confidential consultation.