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DEBT ASSISTANCE AT MNP LTD IN OKOTOKS, ALBERTA

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 offer Life-Changing Debt Solutions that can help you say goodbye to debt for good. Your local Licensed Insolvency Trustee in Okotoks will work individually with you to put together a custom plan that’s right for your circumstances. We’re here to help you regain control of your finances, so you can enjoy a debt-free future.

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Understanding your options with our Licensed Insolvency Trustees

One of our Licensed Insolvency Trustees in Okotoks will carefully review all of the options that may work for you, including:

DEBT RELIEF

AT MNP LTD, we realize that no two financial situations are exactly the same. Rest assured, one our Licensed Insolvency Trustees will guide you through your options, so you can make the best decision for your circumstances. 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

Filing for bankruptcy is a structured, formal process that gives you the opportunity to start fresh with your finances. Your local Licensed Insolvency Trustee will assist you throughout the process, including completing and filing all necessary paperwork, alerting your 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. While you may need to hand over assets in a bankruptcy, a consumer proposal allows you to keep all assets.

DEBT CONSOLIDATION

Once you are approved for a debt consolidation loan, all of your debts will combine into one monthly payment, generally at a reduced interest rate — one that’s lower 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. 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

Sometimes confused with the legal process of bankruptcy, insolvency is a financial state where a person cannot make debt payments on time. While filing for bankruptcy can resolve insolvency, it may not be your only option — depending on your situation, you might also be able to make a consumer proposal or take out a debt consolidation loan.

When it comes to debt solutions, exploring your options is key. Your local MNP LTD bankruptcy trustee in Okotoks is here to answer all of your questions, from outlining the differences between declaring bankruptcy and making a consumer proposal to detailing the process of consolidating credit. Get started with a free confidential consultation.