Filing for Bankruptcy in Mount Pearl, Newfoundland and Labrador
Thinking about declaring bankruptcy in Mount Pearl? No matter the level of debt you have, your local MNP LTD Licensed Insolvency Trustee can offer you solutions. Year after year, we help thousands of Canadians just like you break free from financial hardship.
You’ll find a local MNP LTD office in Mount Pearl 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 debt control your financial future. Contact us now and regain control of your life.
There is 1 office near you
Could other debt alternatives provide relief?
Filing for Bankruptcy is a legal process which can help free you from most of your debts. It is regulated by the Bankruptcy and Insolvency Act. First things first, get in touch with your local MNP LTD to learn about the options that are available to you. 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.
We offer the most effective solution for your situation
With a consumer proposal, you can arrange to pay some or all 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.
Debt Consolidation allows you to combine your debt into a single monthly repayment, which means you’ll be able to repay multiple creditors through one payment.
When many people experience debt problems often, their first thoughts are filing for bankruptcy. However, there are many alternatives that may be more appropriate for your particular financial situation. We'll work together to create a plan that works best for you.