CONSUMER PROPOSAL IN MEDICINE HAT, ALBERTA
If you are looking to make a consumer proposal in Medicine Hat, you’ve come to the right place. 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.
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. Schedule a FREE, confidential consultation with us now and see how we can help you address your debt 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 decide on this type of solution, your local Licensed Insolvency Trustee in Medicine Hat 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. Discover your options today by calling us for a FREE, secure consultation with a local MNP LTD Licensed Insolvency Trustee in Medicine Hat.
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 delivering reliable and impartial financial assistance to Canadians dates back more than 50 years. We've made it our duty to help Canadians overcome their financial problems. Your local MNP LTD office in Medicine Hat 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 gathers your debt into a single monthly repayment so that you can repay multiple creditors through one monthly payment.
Under the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
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.