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How to File for Bankruptcy in British Columbia

The possibility of declaring bankruptcy in British Columbia can be nerve racking, but no matter what your specific situation is, your local MNP LTD team is here to help. We've been guiding Canadians through the debt resolution process for more than 50 years.

You're not alone when it comes to facing up to your debt problems, so get in touch with us when you're ready to learn more about the ways in which we can help. With 50 years of experience in filing bankruptcy behind us, we’re dedicated to discovering the perfect financial solution for you.

Compare your options:

Consumer Proposal

Pay back a portion of your debt within 5 years and keep certain assets

Remains on your record for 3 years after your last payment

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Declaring Bankruptcy

Get out of debt in 9-21 months

Remains on your record for 6 years (14 years if it's your second bankruptcy)

Learn More

Consolidating Credit

Refinance your home or apply for a loan to cover your debts

Set up an affordable single monthly payment at a fixed, reduced interest rate

Learn More

How to make the right choices

The first thing anyone should do when considering declaring bankruptcy is to contact their local MNP LTD Licensed Insolvency Trustee to discuss the available options and alternatives. They will walk you through the entire process if it transpires that filing for bankruptcy in British Columbia is your best option. Alternatively, other debt solutions can be discussed that may work better for your specific situation better.

There are several alternatives to your debt problems, including:

• Consumer Proposal
• Informal Debt Settlement
• Debt Consolidation

Your debt struggle can end

You may want to seek debt help if:

• You’re living beyond your means
• You’re misusing credit cards
• You have poor or no money management skills
• You lack budgeting tools or a plan
• You’re avoiding the issue
• Creditors are increasing collection actions

Contact your local MNP LTD office in British Columbia today. No matter what your debt level may be, you can count on us to offer discrete, supportive, professional help.

To learn more about filing for bankruptcy in British Columbia with the help of the team at your local MNP LTD office, select your city from the menu, fill out our online form or call 1-888-294-2767 today to request your FREE, confidential consultation.