CONSUMER PROPOSAL IN MAGRATH, ALBERTA
If you’re researching a consumer proposal in Magrath, you already know that living with debt is not easy. If you feel like your financial troubles are closing in on you, MNP LTD can provide assistance. Drawing on our skills, knowledge and experience, we will help turn your situation around.
For over 50 years, our personalized debt solutions – from bankruptcy services to debt consolidation – have provided thousands of Canadians with the tools to regain financial stability in their lives. Take us up on our offer of a FREE, private consultation to find out how we can help you get out of debt.
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How our solutions can work for you
If you have unsecure debts below $250,000, there are options for you beyond filing for bankruptcy including consumer proposal. When you take this option, your local Licensed Insolvency Trustee in Magrath will contact your creditors and arrange a single monthly payment option for a set period of time. With this option there are instances where the full amount is not expected to repaid. Get in touch with us today to discover the options available to you at 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
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. With MNP LTD, you can begin down the road towards financial stability with a range of solutions from consumer proposals to debt settlements and more.
Depending on the total amount of debt you may have, this is an option to speak with your creditors directly and arrange a lower interest rate or a repayment schedule that works for you.
Debt consolidation consolidates your debt into a single monthly repayment and allows you to repay 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.