Filing for Bankruptcy in Okotoks, Alberta
Thinking about declaring bankruptcy in Okotoks? No matter the level of debt you have, your local MNP LTD. Licensed Insolvency Trustee can offer you solutions. Thousands of Canadians experience financial hardship every year, and for more than 50 years we have been there to help and provide solutions.
You can find an MNP LTD. office in Calgary (Downtown) that is staffed with professionally trained debt solution experts with experience in how to file bankruptcy. Don't let having debt encompass your life. Call or click to contact us today to discuss available debt solutions.
There is 1 office near you
Is it time to consider other debt help options?
A legal process, filing for bankruptcy can help reduce the majority of your debts. It is regulated by the Bankruptcy and Insolvency Act. First things first, get in touch with your local MNP LTD. to learn about the options that are available to you. 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 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.
Our debt solutions are personalized
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).
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 allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
Under this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
The first thought people have when confronted with debt problems is filing forbankruptcy. 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.