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Life-changing Debt Solutions
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We've helped
hundreds of thousands of Canadians
get out of debt
We've helped
hundreds of thousands
of Canadians

get out of debt
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DEBT ASSISTANCE AT MNP LTD IN BURNS LAKE, BRITISH COLUMBIA

If you’re struggling to make ends meet — and temporary solutions are only pushing you further into debt — it’s time to take a more permanent approach. Fortunately, your local MNP LTD office is here to help. Our Life-Changing Debt Solutions are designed to help you say goodbye to debt once and for all. You’ll work privately with one of our Licensed Insolvency Trustees in Burns Lake, where together we’ll develop a custom plan that works with your unique needs and circumstances. We’re here to help you regain control of your finances, so you can enjoy a debt-free future.

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Understand your options with a Licensed Insolvency Trustee

Understanding your options starts with a confidential consultation with one of our Licensed Insolvency Trustees in Burns Lake, where we’ll discuss solutions including:

DEBT RELIEF

AT MNP LTD, we know every debt challenge is different. That’s why you’ll work closely with one of our Licensed Insolvency Trustees, who will walk you through your options and help you select the best course of action for your situation. We’re here to provide unbiased, non-judgemental guidance, support and advice every step of the way, so you can put an end to your debt for good.

BANKRUPTCY

Filing for bankruptcy is a formal, structured process that offers you a fresh financial start. Your local MNP LTD Licensed Insolvency Trustee will administer the entire process from start to finish, including assisting you in the completion and filing of all required paperwork, informing your creditors, putting a stop to wage garnishments and working to prevent further legal action against you.

CONSUMER PROPOSAL

Developed with help of a Licensed Insolvency Trustee, a consumer proposal is a legally binding agreement between you and your creditors that outlines a plan for paying back your unsecured debt within a maximum term of five years. One of the advantages of a consumer proposal is that it allows you to keep assets that might otherwise be seized in a bankruptcy.

DEBT CONSOLIDATION

A debt consolidation loan merges all of your debts into one overall loan that you will pay off on a monthly basis, usually at a lower interest rate than your credit card debt. Not having to make several debt payments every month can help make it easier to budget for repayment. Your local MNP LTD Licensed Insolvency Trustee is an accredited insolvency counsellor who will walk you through your options, so you can embark on the right path to a debt-free future.

INSOLVENCY

Sometimes mistaken as interchangeable terms, insolvency and bankruptcy mean two different things: bankruptcy is defined as a legal process, whereas insolvency is a financial state where a person is unable to pay back creditors on time. While insolvency is a condition can lead to declaring bankruptcy, you may have other options to consider, such as a consumer proposal or other debt consolidation options.

When it comes to choosing the right debt solution for your needs, it’s important to get informed. Your local MNP LTD bankruptcy trustee in Burns Lake is here to provide all the guidance and support you need, from explaining the key differences between a consumer proposal and bankruptcy to outlining the process of consolidating credit. Take the first step: request a free confidential consultation today.

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