Filing for Bankruptcy in Vauxhall, Alberta
Thinking of declaring bankruptcy in Vauxhall? 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.
Our local MNP LTD office in Taber has informative and highly recommended professionals with experience in filing for bankruptcy who work and live in your area. 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?
A legal process that can help free you from most of your debt is filing for bankruptcy in Vauxhall. It is regulated by the Bankruptcy and Insolvency Act. Step one is to contact your nearest
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.
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 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.
Those who are met with financial problems often think that declaring bankruptcy is their only option. 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.