CONSUMER PROPOSAL IN PEACE RIVER, ALBERTA
If you’re researching a consumer proposal in Peace River, you already know that living with debt is not easy. Stop debt from closing in on your plans for the future by seeking help from MNP LTD 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 Peace River's go to source for everything from debt consolidation to filing for bankruptcy. Enjoy a FREE, confidential appointment to find out how we can help you get your finances in order.
There is 1 office near you
How our solutions can work for you
As a more practical solution than declaring bankruptcy, a consumer proposal is appropriate for anyone with unsecured debts of less than $250,000. When you decide on this type of solution, your local Licensed Insolvency Trustee in Peace River 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 the original amount owed. Discover your options today by calling us for a FREE, secure consultation with a local MNP LTD Licensed Insolvency Trustee in Peace River.
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 dedication to providing trusted and independent financial assistance to Canadians started over 50 years ago and it hasn’t stopped since. 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 Peace River is your go-to source for tailored solutions, including consumer proposals, debt consolidation, informal 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 combines your debt into a single monthly repayment so that you can pay off 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.
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.