Filing for Bankruptcy in Fredericton, New Brunswick
Thinking of declaring bankruptcy in Fredericton? With the help of your local MNP LTD Licensed Insolvency Trustee, your debt situation can be managed. 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 Fredericton 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. There are options -- discover them with MNP LTD now.
There is 1 office 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 thing to do is to speak with your local MNP LTD Licensed Insolvency Trustee to determine your best course of action. In many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.
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.
We offer the most effective solution for your situation
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).
Contingent on the amount of debt you have accumulated, it may be possible for you to contact your creditors directly to negotiate a lower interest rate or a repayment schedule that can help put you at ease.
Through debt consolidation, you can combine your debt into a single monthly repayment, which allows you 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. We'll work together to create a plan that works best for you.