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DEBT ASSISTANCE AT MNP LTD IN GRAND-FALLS, NEW BRUNSWICK

If you’re feeling weighed down by debt — and quick solutions are only pulling you deeper into debt — it may be time to take a long-term approach. MNP LTD is here to help. Our Life-Changing Debt Solutions are designed to help you eliminate personal debt for good. One of our Licensed Insolvency Trustees in Grand Falls will guide you in creating a personalized action plan that’s right for your situation. We’re here to help you regain control of your finances, so you can enjoy a debt-free future.

There are 4 offices near you

Understand your options with a Licensed Insolvency Trustee

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

DEBT RELIEF

At MNP LTD, we are mindful that every situation is unique. This is why your local Licensed Insolvency Trustee will take the time to help you understand your solutions and select the most appropriate path to take. 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 formal, structured process of declaring bankruptcy offers you the opportunity to rebuild your finances from scratch. One of our Licensed Insolvency Trustees at your local MNP LTD office will lead you through each step of the process, from preparing and filing all necessary documents, alerting 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 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. Debt consolidation helps take the frustration out of juggling multiple debt payments, as only having one monthly debt payment to keep track of can make it easier to stay on top of your finances. As an accredited insolvency counsellor, your local MNP LTD Licensed Insolvency Trustee will explain all of your available options, so you can decide on the right path to take and start planning for a debt-free future.

INSOLVENCY

Different in meaning than bankruptcy, which is a legal process, insolvency refers to a financial state of not being able to meet debt payments on time. If you are insolvent, you may be considering filing for bankruptcy; however, alternative solutions could also be available to you, like a consumer proposal or debt consolidation loan.

When it comes to debt solutions, it’s important to know your options. Your local MNP LTD bankruptcy trustee in Grand Falls 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.