Filing for Bankruptcy in Oromocto, New Brunswick
Thinking of declaring bankruptcy in Oromocto? With the help of your local MNP LTD Licensed Insolvency Trustee, your debt situation can be managed. Every year, we help thousands of Canadians find trusted solutions for their financial problems, and we can help you too.
Your local MNP LTD is staffed with dedicated professionals who are a part of and familiar with your community. Don’t let debt control your financial future. Call or click to contact us today to discuss available debt solutions.
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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 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 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 best course of action, 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 tailor our solutions to 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).
Depending on how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
With debt consolidation, you’ll be able to combine all your debt into one monthly repayment, which will allow you to repay multiple creditors.
The first thought people have when encountering financial difficulty is filing for 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.