North Delta
Surrey, BC
V3Z 6X2
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DEBT ASSISTANCE AT MNP LTD IN NORTH DELTA, BRITISH COLUMBIA
If you’re stuck on the rollercoaster of debt — and temporary fixes just aren’t working for you — it’s time to find a more permanent solution. This is what makes MNP LTD different. Our Life-Changing Debt Solutions are intended to help you stop the cycle of debt once and for all. One of our Licensed Insolvency Trustees in North Delta will guide you in creating a personalized action plan that’s right for your situation. We’re ready to help you get back on solid financial ground, so you can successfully prepare for a debt-free future.
There are 11 offices near you
Get to know your options with our Licensed Insolvency Trustees
One of our Licensed Insolvency Trustees in North Delta will carefully review all of the options that may work for you, including:
DEBT RELIEF
At MNP LTD, we appreciate that no two financial circumstances are the same. This is why one of our Licensed Insolvency Trustees will walk you through your options and help you decide on the right 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
As a structured, formal process, the purpose of bankruptcy is to provide you with a fresh financial start. The process is administered by a Licensed Insolvency Trustee, who will help you complete and file all mandatory paperwork, notify your creditors, stop wage garnishments and help prevent further legal action against you.
CONSUMER PROPOSAL
Filed under the guidance of a Licensed Insolvency Trustee, a consumer proposal allows you to develop and negotiate a formal agreement between you and your creditors in which you will pay back a portion of your debts over time, up to a five-year maximum term. While you may need to hand over assets in a bankruptcy, a consumer proposal allows you to keep all assets.
DEBT CONSOLIDATION
A debt consolidation loan takes all of your debts and combines them into a single loan that you will pay off each month, normally at an interest rate that’s better than your current credit card debt. Because you only have one monthly debt payment to keep track of, debt consolidation helps take the guesswork out of paying bills and can make budgeting easier. Rest assured, your local MNP LTD Licensed Insolvency Trustee will help you explore your options, so you can decide on the best course of action for a debt-free future.
INSOLVENCY
Sometimes incorrectly used as a synonym for bankruptcy, which is a legal process, insolvency is a financial state in which a person can’t pay back lenders 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 deciding between debt solutions, getting informed is the first step. Whether you’re trying to wrap your head around the differences between bankruptcy and a consumer proposal or you’re interested in learning more about the steps involved in consolidating credit, you can turn to your local MNP LTD bankruptcy trustee in North Delta for the complete guidance and support you need. Start today with a free confidential consultation.