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DEBT ASSISTANCE AT MNP LTD IN CARDSTON, ALBERTA

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. That’s where MNP LTD stands out. We provide Life-Changing Debt Solutions that are focused on helping your erase personal debt for good. You’ll work side-by-side with one of our Licensed Insolvency Trustees in Cardston to develop a tailored plan of action that best meets your unique needs. We empower you to get back on solid financial ground, so you can finally enjoy a debt-free life.

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Understanding your options with our Licensed Insolvency Trustees

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

DEBT RELIEF

At MNP LTD, we recognize that each 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. Get the unbiased advice and confidential guidance you need to stop worrying about debt and start living again.

BANKRUPTCY

Personal bankruptcy is a formal, structured process designed to help you completely reset your finances. 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

The consumer proposal process is administered by a Licensed Insolvency Trustee and involves developing a formal, legally binding offer to your creditors that sets out a plan for paying back a portion of your unsecured debts over a period of up to five years. As an alternative to declaring bankruptcy, a consumer proposal allows you to retain all assets.

DEBT CONSOLIDATION

A debt consolidation loan merges multiple debts into a single monthly payment, normally at an interest rate that’s lower than your current 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. As accredited insolvency counsellors, our Licensed Insolvency Trustees will discuss all of your options with you, so you can decide on the best path to take to become debt-free.

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. While the condition of insolvency may lead to filing for bankruptcy, there may be other solutions available, including a consumer proposal or a debt consolidation loan.

Getting to know your options is an important first step in finding the right debt solution. 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 Cardston to guide you every step of the way. Get started with a free confidential consultation.