Filing for Bankruptcy in Trochu, Alberta
Are you considering declaring bankruptcy in Trochu? 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 your debt troubles get out of control. Call us today and get back on track.
There is 1 office near you
What is your best course of action?
Filing for bankruptcy can help legally minimize your amount of debt. It is regulated by the Bankruptcy and Insolvency Act. Step one is to contact your nearest
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 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 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 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. 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.
For more information about declaring bankruptcy and other debt solutions available from MNP LTD, call us at 587-318-0700 or complete our online form to request your FREE, confidential consultation today!