Filing for Bankruptcy in Russell, Manitoba
Thinking about declaring bankruptcy in Russell? No matter the level of debt you have, your local MNP LTD Licensed Insolvency Trustee can offer you solutions. We help thousands of Canadians overcome all types of financial difficulties, and we're here to help you too.
You’ll find a local MNP LTD office in Brandon staffed by knowledgeable professionals with experience in the steps to filing bankruptcy who live and work in the same communities as you do. Don't let having debt encompass your life. Call or click to contact us today to discuss available debt solutions.
There is 1 office near you
Should you be looking into other debt solutions?
Filing for bankruptcy can help legally minimize your amount of debt. 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, people find declaring Bankruptcy is not required for their financial situation; instead, they follow one of the alternative solutions we offer.
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.
We offer the most effective solution for your situation
With a consumer proposal you’ll be able to make arrangements to pay some or all of your unsecured debts through monthly payments over a specific period of time (up to a maximum of 5 years).
Depending on the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule you’re comfortable with.
Debt consolidation allows you to combine all your debts into one, so that you can repay multiple creditors through a single monthly payment.
Often times, when individuals face financial problems their first instinct is declaring 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.