CONSUMER PROPOSAL IN LETHBRIDGE, ALBERTA
If you have been looking into making a consumer proposal in Lethbridge, you know how stressful it is living with financial debt. If you're starting to feel as though you've run out of solutions then it's time to turn to MNP LTD for help. Drawing on our skills, knowledge and experience, we will give you options to turn your situation around for the better.
Backed by 50 years of experience, we're proud to be Lethbridge's go to source for everything from debt consolidation to filing for bankruptcy. Arrange a FREE, confidential appointment with us today to discover debt help tailored for your particular situation.
There is 1 office near you
How our solutions can work for you
As a more positive, proactive course of action than declaring bankruptcy, a consumer proposal is suitable for people with unsecured debts of less than $250,000. When you take this option, your local Licensed Insolvency Trustee in Lethbridge will contact your creditors and arrange a single monthly payment option for a set period of time. In some cases, you could even end up paying back less than what was initially owed. Discover your options today by calling us for a FREE, secure consultation with a local MNP LTD Licensed Insolvency Trustee in Lethbridge.
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
Other MNP-administered solutions
Our commitment to providing dependable, trusted and effective financial solutions to Canadians dates back more than 50 years. We’ve applied our knowledge and expertise to countless cases to help Canadians push through their current financial problems. Your local MNP LTD office in Lethbridge is your go-to source for tailored solutions, including consumer proposals, debt consolidation, informal debt settlements and more.
Depending on how much debt you’ve accumulated, you may have the option to contact your creditors directly and discuss a lower interest rate or a repayment schedule that suits your situation.
Debt consolidation combines your debt into a single monthly repayment so that you can pay off multiple creditors.
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.
When it comes to your restoring your credit, there’s more than one way to get it done. Together with your MNP LTD Licensed Insolvency Trustee, you can review the advantages and disadvantages of each of your available options.