Filing for Bankruptcy in St. Albert, Alberta
Considering declaring bankruptcy in St. Albert? Start by turning to the trusted professionals at your local MNP LTD to uncover the many options you may have. Every year, we help thousands of Canadians find trusted solutions for their financial problems, and we can help you too.
You’ll find a local MNP LTD office in St. Albert staffed by knowledgeable professionals with experience in the steps to filing bankruptcy who live and work in the same communities as you do. Don’t let debt control your financial future. 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?
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 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.
Our debt solutions are personalized
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 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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
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.
When many people experience debt problems often, their first thoughts are filing for bankruptcy. 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.