Filing for Bankruptcy in Taber, Alberta
Thinking about declaring bankruptcy in Taber? No matter the level of debt you have, your local MNP LTD Licensed Insolvency Trustee can offer you solutions. Year after year, we help thousands of Canadians just like you break free from financial hardship.
You’ll find a local MNP LTD office in Taber 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. 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 find out what is best for you, 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 simple process that allows you to make arrangements to pay all, or part, of your unsecured debts through monthly payments over a specified period of time (up to a maximum of 5 years).
Depending on the amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.
Debt consolidation combines your debt into a single monthly repayment so that you can pay off multiple creditors.
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.
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.