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Filing for Bankruptcy in Redwater, Alberta

Thinking of declaring bankruptcy in Redwater? 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.

You’ll find a local MNP LTD. office in Edmonton (North East) staffed by knowledgeable professionals with experience in the steps to filing bankruptcy who live and work in the same communities as you do. Debt problems shouldn't control your life. Contact us now and regain control of your life.

There is 1 office near you

Should you be looking into other debt solutions?

Filing for Bankruptcy is an entirely legal process and can be effective in reducing the majority of your debt. It is regulated by the Bankruptcy and Insolvency Act. The first thing to do is to speak with your local MNP LTD. Licensed Insolvency Trustee to determine your best course of action. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.

To determine the right course of action, you'll need to 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 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 consolidates your debt into a single monthly repayment  and allows you to repay multiple creditors.

Orderly Payment of Debt

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.

Most people feel that with their debt piling up, filing for bankruptcy is the best course of action. 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 learn more about declaring bankruptcy and other debt solutions provided by MNP LTD., call us at 587-401-3499 or submit our online form to request your FREE, confidential consultation!