CONSUMER PROPOSAL IN YOUNGSTOWN, ALBERTA
Making a consumer proposal in Youngstown can be a stressful experience. If you feel like you’re still not heading in the right direction, MNP LTD can help. 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.
Backed by 50 years of experience, we're proud to be Youngstown's go to source for everything from debt consolidation to filing for bankruptcy. 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 practical solution than declaring bankruptcy, a consumer proposal is appropriate for anyone with unsecured debts of less than $250,000. When you make this kind of undertaking, your local Licensed Insolvency Trustee in Youngstown will talk to your creditors to arrange a single monthly payment for a set period of time. With this option there are instances where the full amount is not expected to repaid. Discover your options today by calling us for a FREE, secure consultation with a local MNP LTD Licensed Insolvency Trustee in Youngstown.
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. Since then, we've dedicated ourselves to helping Canadians overcome their debts. 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 amount of your debt, it is possible for you to contact your current creditors directly and discuss a lesser interest rate or set up a repayment schedule that works for you.
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 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.
There are a number of ways to restore your credit. Together, we will review the advantages and disadvantages of each of the options available to you.