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Filing for Bankruptcy in Leduc, Alberta

Considering declaring bankruptcy in Leduc? No matter how bad or overwhelming your debt might seem, there are always solutions - and your MNP LTD Licensed Insolvency Trustee can help. 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.

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. There are options -- discover them with MNP LTD now.

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Could other debt alternatives provide relief?

A legal process that can help free you from most of your debt is filing for bankruptcy in Leduc. 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. In many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.

To find out what is best for you, 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 587-401-3499 or fill out our form to get a free consultation!

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We offer the most effective solution for your situation

Consumer Proposal

The consumer proposal is a simple process that allows you to make arrangements to pay all, or part, 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 allows you to pull all your debt into one primary monthly repayment which can be repaid to 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 confronted with debt problems is filing forbankruptcy. There are of course many alternatives that may be more suitable for your situation. We'll work together to create a plan that works best for you.

To find out more about declaring bankruptcy and the other solutions MNP LTD can offer you, call us at 587-401-3499 or complete the online form to request your FREE, private consultation!