CONSUMER PROPOSAL IN CASTOR, ALBERTA
If you are looking into making a consumer proposal in Castor, you already know how stressful debt can be. If you feel like your financial troubles are closing in on you, MNP LTD can provide assistance. Drawing on our skills, insight and experience, we will help turn your situation around for the better.
Our personalized debt solutions - from bankruptcy filing to debt consolidation - have helped improve the lives of thousands of Canadians seeking financial stability. Take us up on our offer of a FREE, private consultation to find out how we can help you get out of debt.
There is 1 office near you
How our solutions can work for you
When it comes to debt solutions for unsecured debts below $250,000, you have options beyond filing for bankruptcy like consumer proposal. When you decide on this type of solution, your local Licensed Insolvency Trustee in Castor will speak to your creditors on your behalf and arrange a single monthly payment plan for a set period of time. In some cases, you could even end up paying back less than what was initially owed. You have options; discover them now simply by calling us for a FREE, no obligation consultation.
You could benefit from our services if:
- You can’t afford to pay your debts in full but your income can cover a single monthly payment
- Your financial troubles are causing you stress
- Wage garnishments are affecting your take-home pay
Alternative debt solutions
Our dedication to providing trusted and independent financial assistance to Canadians started over 50 years ago and it hasn’t stopped since. Since that time, we’ve applied our skills and insight to help countless numbers of Canadians overcome any level of financial debt. Your local MNP LTD office is your go-to source for personalized solutions, including consumer proposals, debt consolidation, informal debt settlements and more.
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 allows you to pull all your debt into one primary monthly repayment which can be repaid to multiple creditors.
With the Orderly Payment of Debt (OPD) program, the court will merge your loans and pay — in three or more years — your unsecured debt on your behalf at a 5% yearly interest rate.
There are a number of ways to restore your credit. Together, we will review the advantages and disadvantages of each of the options available to you.