CONSUMER PROPOSAL IN VEGREVILLE, ALBERTA
If you are looking into making a consumer proposal in Vegreville, you already know how stressful debt can be. If you feel like there is no end in sight, MNP LTD can help. 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. 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, 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 Vegreville 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. Explore your options today by calling us for a FREE, confidential consultation with your local MNP LTD Licensed Insolvency Trustee in Vegreville.
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. We've made it our duty to help Canadians overcome their financial problems. Your local MNP LTD office in Edmonton (North East) 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.
There are many ways you can restore your credit. Together, the advantages and disadvantages of each of your options will be reviewed.