Filing for Bankruptcy in Little Buffalo Lake, Alberta
Are you considering declaring bankruptcy in Little Buffalo Lake? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD Licensed Insolvency Trustee. 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 Peace River 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. Call us today and get back on track.
There is 1 office near you
Should you be looking into other debt solutions?
When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Little Buffalo Lake. It is regulated by the Bankruptcy and Insolvency Act. The first and most important step is to contact your
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.
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 combines your debt into a single monthly repayment so that you can pay off 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 encountering financial difficulty is filing for bankruptcy. However, there are many solutions that may be better suited to your particular financial situation. Together, we can work out a solution that's best for you.