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Filing for Bankruptcy in Milk River, Alberta

Thinking of declaring bankruptcy in Milk River? With the help of your local MNP LTD. Licensed Insolvency Trustee, your debt situation can be managed. Every year, we help thousands of Canadians work through financial difficulties at all levels and we can help you too.

Our local MNP LTD. office in Lethbridge has informative and highly recommended professionals with experience in filing for bankruptcy who work and live in your area. Don’t let your debt troubles get out of control. Contact us now and regain control of your life.

There is 1 office near you

Could other debt alternatives provide relief?

When it comes to freeing yourself from debt legally, you can choose to file for bankruptcy in Milk River. It is regulated by the Bankruptcy and Insolvency Act. Step one is to contact your nearest MNP LTD. Licensed Insolvency Trustee, who will explain the process and provide insight on additional debt reduction options. In many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.

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 587-800-0892 or fill out our form to get a free consultation!

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How your situation can benefit from our solutions

Consumer Proposal

The consumer proposal is a process that helps you make arrangements to pay the majority or a partial amount of your unsecured debt through monthly payment over a specific time frame (up to a maximum of 5 years). 

Informal Debt Settlement

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

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 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.

Often times, when individuals face financial problems their first instinct is declaring bankruptcy. Depending on your financial situation, more appropriate solutions may be available. We'll work together to create a plan that works best for you.

To learn more about declaring bankruptcy and other debt solutions provided by MNP LTD., call us at 587-800-0892 or submit our online form to request your FREE, confidential consultation!