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DEBT ASSISTANCE AT MNP LTD IN QUALICUM BEACH, BRITISH COLUMBIA

If you’ve been stuck in the cycle of debt for a while — and fast fixes are only adding to your debts — it may be time to think about a more permanent approach. Rest assured, MNP LTD is here to help. Our Life-Changing Debt Solutions are designed to help you eliminate personal debt for good. You’ll work privately with one of our Licensed Insolvency Trustees in Qualicum Beach, 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.

There are 8 offices near you

Find the right option with the help of a Licensed Insolvency Trustee

Your local MNP LTD Licensed Insolvency Trustee in Qualicum Beach is always here to discuss all the solutions that may be available to you, including:

DEBT RELIEF

At MNP LTD, we appreciate that no two financial circumstances are the same. That’s why one of our Licensed Insolvency Trustees will work closely with you to help you understand your options and determine the best path to take. Get the unbiased advice and confidential guidance you need to stop worrying about debt and start living again.

BANKRUPTCY

The formal, structured process of declaring bankruptcy offers you the opportunity to rebuild your finances from scratch. The process will be led by a Licensed Insolvency Trustee who will assist you at every step, from preparing and filing all mandatory documents to alerting creditors, halting wage garnishments and helping stop further legal action against you.

CONSUMER PROPOSAL

In a consumer proposal, you’ll work with a Licensed Insolvency Trustee to negotiate a formal agreement between you and your creditors to make fixed monthly payments over time, up to a five-year maximum. As an alternative solution to declaring bankruptcy, a consumer proposal allows you to hold onto all assets — assets that might otherwise need to be handed over in a bankruptcy.

DEBT CONSOLIDATION

If you are approved for a debt consolidation loan, all of your debts will be merged into one overall monthly payment, which is often at a lower interest rate than your credit card debt. Since you only have a single monthly debt payment to make, debt consolidation can make it easier for you to stay on top of your finances. Our Licensed Insolvency Trustees are accredited insolvency counsellors who will explore all of your options with you, so you can make the best decision for your circumstances and plan for a debt-free future.

INSOLVENCY

Not to be confused with bankruptcy, which is a legal process, insolvency is a financial state in which an individual cannot meet debt payments on time. While declaring bankruptcy can resolve insolvency, it’s important to consider all available options first, including, but not limited to, a consumer proposal or a debt consolidation loan.

Deciding on the right debt solution starts with getting informed. From learning the key differences between bankruptcy and a consumer proposal to understanding what’s involved in the process of consolidating credit, you can count on your local MNP LTD bankruptcy trustee in Qualicum Beach to guide you every step of the way. Get started today with a free confidential consultation.