Filing for Bankruptcy in Summerside, Prince Edward Island
Are you considering declaring bankruptcy in Summerside? No matter how difficult the situation may seem, your debt troubles can be managed with help from your local MNP LTD Licensed Insolvency Trustee. Every year, we help thousands of Canadians find trusted solutions for their financial problems, and we can help you too.
You’ll find a local MNP LTD office in Summerside 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 your debt troubles get out of control. You have options; discover them with MNP LTD today.
There is 1 office near you
Should you be looking into other debt solutions?
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. 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, people find declaring Bankruptcy is not required for their financial situation; instead, they follow one of the alternative solutions we offer.
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.
Personal Insolvency Counselling
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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).
Contingent on the amount of debt you have accumulated, it may be possible for you to contact your creditors directly to negotiate a lower interest rate or a repayment schedule that can help put you at ease.
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.
The first thought people have when confronted with debt problems is filing forbankruptcy. Depending on your financial situation, more appropriate solutions may be available. Together, we can work out a solution that's best for you.