Filing for Bankruptcy in Kelowna, British Columbia
Considering declaring bankruptcy in Kelowna? No matter how bad or overwhelming your debt might seem, there are always solutions - and your MNP LTD Licensed Insolvency Trustee can help. Every year, thousands of Canadians turn to us to help them get through various types of financial difficulties -- and you can rely on us too.
Our local MNP LTD office in Kelowna employs knowledgeable and courteous professionals with experience in filing for bankruptcy that work and live in the same communities as you. Debt problems shouldn't control your life. 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 Kelowna. It is regulated by the Bankruptcy and Insolvency Act. The first step is to contact your local MNP LTD Licensed Insolvency Trustee, who will discuss and explain all of your options based on the assessment of your debt situation. In many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.
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.
How your situation can benefit from our solutions
The consumer proposal option lets you arrange to pay part, or all, of your unsecured debts through monthly payments over a definite 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.
With debt consolidation, you’ll be able to combine all your debt into one monthly repayment, which will allow you to repay multiple creditors.
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. We'll work together to create a plan that works best for you.