Filing for Bankruptcy in Castlegar, British Columbia
Considering declaring bankruptcy in Castlegar? Start by turning to the trusted professionals at your local MNP LTD to uncover the many options you may have. We help thousands of Canadians overcome all types of financial difficulties, and we're here to help you too.
Our local MNP LTD office in Cranbrook employs knowledgeable and courteous professionals with experience in filing for bankruptcy that work and live in the same communities as you. Don’t let debt problems take control of your life. Contact us now and regain control of your life.
There is 1 office near you
Could other debt alternatives provide relief?
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. 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. In the majority of cases, people discover that declaring bankruptcy is not required, but instead follow one of the alternative remedies we provide.
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.
How your situation can benefit from our solutions
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 debt you’ve accumulated, you may have the option to talk with your creditors directly and reduce your interest rate or arrange a payment schedule that fits your circumstances.
Debt Consolidation allows you to combine your debt into a single monthly repayment, which means you’ll be able to repay multiple creditors.
Often times, when individuals face financial problems their first instinct is declaring 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.