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Filing for Bankruptcy in Cedar, British Columbia

Considering declaring bankruptcy in Cedar? Start by turning to the trusted professionals at your local MNP LTD. to uncover the many options you may have. Every year, we help thousands of Canadians find trusted solutions for their financial problems, and we can help you too.

When you turn to your local MNP LTD. office in Nanaimo, you'll discover a staff of dedicated, skilled and experienced professionals from the same community as you. Don’t let debt problems take control of your life. Contact us now and regain control of your life.

There are 6 offices near you

Is it time to consider other debt help options?

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. The first and most important step is to contact your MNP LTD. Licensed Insolvency Trustee, who will present you with all of your financial options based on the assessment of your current debt situation. Many times, after hearing of other options available, people have realized declaring bankruptcy wasn't their best choice.

To determine how to handle your debt effectively, 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.

Personal Insolvency Counselling

MNP offers permanent life-changing debt solutions to individuals struggling with an overwhelming amount of debt. Our trustees are here to help.

Get Started Now!

Call us today at 1-877-739-0378 or fill out our form to get a free consultation!

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We offer the most effective solution for your situation

Consumer Proposal

The consumer proposal simply allows you to make arrangements to pay all — or part — of your unsecured debts through monthly payments over a defined period of time (up to a 5-year maximum). 

Informal Debt Settlement

Subject to the total amount of debt you carry, this is an option to contact your creditors directly and discuss a reduced interest rate or a repayment schedule that suits your situation.

Debt Consolidation

Debt Consolidation allows you to combine your debt into a single monthly repayment, which means you’ll be able to repay multiple creditors.

Those who are met with financial problems often think that declaring bankruptcy is their only option. Depending on your financial situation, more appropriate solutions may be available. Together, we can work out a solution that's best for you.

To learn more about declaring bankruptcy and other debt solutions provided by MNP LTD., call us at 1-877-739-0378 or submit our online form to request your FREE, confidential consultation!