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Filing for Bankruptcy in Camrose, Alberta

Considering declaring bankruptcy in Camrose? Start by turning to the trusted professionals at your local MNP LTD to uncover the many options you may have. Thousands of Canadians experience financial hardship every year, and for more than 50 years we have been there to help and provide solutions.

Your local MNP LTD is staffed with dedicated professionals who are a part of and familiar with your community. Debt problems shouldn't control your life. Call us today and get back on track.

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Is it time to consider other debt help options?

Filing for bankruptcy can help legally minimize your amount of debt. It is regulated by the Bankruptcy and Insolvency Act. The first and most important step is to contact your MNP LTD Licensed Insolvency Trustee, who will present you with all of your financial options based on the assessment of your current debt situation. In many cases, after discussing the situation with an expert, people find that there are better debt options than declaring bankruptcy.

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.

What is a Licensed Insolvency Trustee (LIT)?
Personal Insolvency Counselling

MNP offers permanent life-changing debt solutions to individuals struggling with an overwhelming amount of debt. Our trustees are here to help.

Get Started Now!

Call us today at 1-877-739-0685 or fill out our form to get a free consultation!

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We tailor our solutions to your situation

Consumer Proposal

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).

Informal Debt Settlement

Depending on the amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.

Debt Consolidation

Debt consolidation combines your debt into a single monthly repayment  so that you can pay off multiple creditors.

Orderly Payment of Debt

Under the Orderly Payment of Debt (OPD) program the court will consolidate your loans and pay your unsecured creditors on your behalf at an interest rate of 5% per annum in three or more years.

The first thought people have when confronted with debt problems is filing forbankruptcy. You may be interested to learn that there may be more suitable solutions to your situation that you may not yet have considered. We'll work together to create a plan that works best for you.

For more information about declaring bankruptcy and other debt solutions available from MNP LTD, call us at 1-877-739-0685 or complete our online form to request your FREE, confidential consultation today!