Filing for Bankruptcy in Sunchild O'Chiese, Alberta
Are you considering declaring bankruptcy in Sunchild O'Chiese? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD Licensed Insolvency Trustee. Every year, we help thousands of Canadians work through financial difficulties at all levels and we can help you too.
Your local MNP LTD is staffed with dedicated professionals who are a part of and familiar with your community. Don’t let debt problems take control of your life. You have options; discover them with MNP LTD today.
What is your best course of action?
Filing for Bankruptcy is a legal process which can help free you from most of your debts. It is regulated by the Bankruptcy and Insolvency Act. First, you must contact your nearest MNP LTD Licensed Insolvency Trustee, who will go over and explain your options based on your overall financial situation. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.
To determine the best course of action, 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
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).
Depending on how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
Debt consolidation combines your debt into a single monthly repayment so that you can pay off 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 alternatives that may be more appropriate for your particular financial situation. Together, we can work out a solution that's best for you.