hero image hero image
Life-changing Debt Solutions
"Thank you for the excellent care and understanding"
Find a service:
Find

DEBT ASSISTANCE AT MNP LTD IN SPARWOOD, 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. This is where MNP LTD steps in. We provide Life-Changing Debt Solutions that are focused on helping your erase personal debt for good. One of our Licensed Insolvency Trustees in Sparwood will guide you in creating a personalized action plan that’s right for your situation. We empower you to take control of your finances, so you can plan for a debt-free future.

There is 1 office near you

Get to know your options with our Licensed Insolvency Trustees

Your local MNP LTD Licensed Insolvency Trustee in Sparwood is here to help you navigate your options, which may include:

DEBT RELIEF

At MNP LTD, we know every situation is different. This is why one of our Licensed Insolvency Trustees will explain all of your options in detail, so you can choose the best course of action. We’re here to provide the confidential guidance, support and unbiased advice you need to stop the cycle of debt once and for all.

BANKRUPTCY

The structured, formal process of declaring bankruptcy is intended to give individuals a fresh financial start. Your local MNP LTD Licensed Insolvency Trustee will guide you every step of the way, including helping you prepare and file all required documents, notifying your creditors, stopping wage garnishments and helping prevent further legal action against you.

CONSUMER PROPOSAL

Filed through a Licensed Insolvency Trustee, a consumer proposal is a formal, legally binding agreement between you and your creditors that enables you to pay back a portion of your debts over a set length of time (no longer than five years). As an alternative to filing for bankruptcy, a consumer proposal allows you to keep assets that might otherwise be taken away in a bankruptcy.

DEBT CONSOLIDATION

If you qualify for a debt consolidation loan, all of your debts will be combined into one monthly payment, generally at an interest rate that’s lower than your current credit card debt. With debt consolidation, you don’t have to worry about keeping track of multiple debt payments, which can make it easier to budget. 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

While you might see the terms “insolvency” and “bankruptcy” being used interchangeably, they have different meanings: bankruptcy is a legal declaration and process, and insolvency is a financial state in which a person cannot pay creditors 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.

When it comes to debt solutions, exploring your options is key. Whether you want to know the key differences between bankruptcy and a consumer proposal or you’re wondering what the process of consolidating credit involves, your local Sparwood MNP LTD bankruptcy trustee is here to provide the guidance and support you need. Take the first step: request a free confidential consultation today.

Consultation iconGet a FREE Consultation