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DEBT ASSISTANCE AT MNP LTD IN PRINCE RUPERT, 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 what makes MNP LTD different. Our Life-Changing Debt Solutions are purposely designed to help you put debt in the past, once and for all. Your local MNP LTD Licensed Insolvency Trustee in Prince Rupert will work closely with you to design a unique plan that best suits your situation. We’re here to provide the guidance you need to take control of your finances and prepare for a debt-free future.

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Compare debt solutions with a Licensed Insolvency Trustee

Understanding your options starts with a confidential consultation with one of our Licensed Insolvency Trustees in Prince Rupert, where we’ll discuss solutions 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 explain all of your options in detail, so you can choose the best course of action. We’re here to provide you with non-judgemental, unbiased advice and support from start to finish, so you can put your debt behind you for good.

BANKRUPTCY

Personal bankruptcy is a structured, formal process that offers 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 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. Whereas in a bankruptcy you may lose some assets, a consumer proposal allows you to keep all assets.

DEBT CONSOLIDATION

A debt consolidation loan merges all of your debts into one overall loan that you will pay off on a monthly basis, usually at a lower interest rate than your credit card debt. With debt consolidation, you no longer have to juggle multiple debt payments, which can make it easier to budget and stay on track. 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

Not to be confused with bankruptcy, which is a legal process, insolvency is a financial state in which an individual cannot meet debt payments on time. While declaring bankruptcy can relieve insolvency, it may not be the only option available to you — other solutions could include a consumer proposal or a debt consolidation loan.

When it comes to debt solutions, exploring your options is key. From learning the difference between filing for bankruptcy and making a consumer proposal to understanding the process of consolidating credit, your nearby MNP LTD bankruptcy trustee in Prince Rupert is ready to assist you one-on-one. A debt-free future awaits: request a free confidential consultation today.