CONSUMER PROPOSAL IN ST. ALBERT, ALBERTA
If you are looking to make a consumer proposal in St. Albert, you’ve come to the right place. Before you're at your at your wits end, turn to MNP LTD to discover your options. You can rely on us to draw upon our many years of experience to provide you with the best possible situation to help turn the 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. With us, you'll get a FREE confidential consultation to show you there is a solution.
There is 1 office near you
How our solutions can work for you
As a more positive choice than filing for bankruptcy, a consumer proposal is perfect for people with unsecured debts of less than $250,000. When you take this option, your local Licensed Insolvency Trustee in St. Albert 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. 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
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 then, we’ve applied our expertise to countless cases to help Canadians overcome financial difficulty. 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 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 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 many ways you can restore your credit. Together, the advantages and disadvantages of each of your options will be reviewed.