Mission
Abbotsford, BC
V2S 2A8
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Filing for Bankruptcy in Mission, British Columbia
Considering declaring bankruptcy in Mission? No matter how bad or overwhelming your debt might seem, there are always solutions - and your MNP LTD Licensed Insolvency Trustee can help. Year after year, we help thousands of Canadians just like you break free from financial hardship.
Our local MNP LTD office in Abbotsford employs knowledgeable and courteous professionals with experience in filing for bankruptcy that work and live in the same communities as you. Don't let having debt encompass your life. Call or click to contact us today to discuss available debt solutions.
There are 11 offices near you
Could other debt alternatives provide relief?
A legal process that can help free you from most of your debt is filing for bankruptcy in Mission. 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 the right course of action, you'll need to 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.
How your situation can benefit from our solutions
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 debt you’ve accumulated, you may have the option to talk with your creditors directly and reduce your interest rate or arrange a payment schedule that fits your circumstances.
Debt Consolidation
Debt Consolidation allows you to combine your debt into a single monthly repayment, which means you’ll be able to repay multiple creditors.
Most people feel that with their debt piling up, filing for bankruptcy is the best course of action. However, there are many solutions that may be better suited to your particular financial situation. Together, we can work out a solution that's best for you.
To learn more about declaring bankruptcy and other options provided by