Fredericton
Saint John, NB
E2L 5G6
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DEBT ASSISTANCE AT MNP LTD IN FREDERICTON, NEW BRUNSWICK
If you’ve been battling debt for a long time — and temporary solutions are only increasing your financial burden — you may need to take a more permanent approach. This is what makes MNP LTD different. Our Life-Changing Debt Solutions are specifically designed to help you eliminate your debt for good. One of our Licensed Insolvency Trustees in Fredericton will guide you in creating a personalized action plan that’s right for your situation. We’re here to help you get your finances in check, so you can make a debt-free future a reality.
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Navigate your options with our Licensed Insolvency Trustees
Your local MNP LTD Licensed Insolvency Trustee in Fredericton is here to help you navigate your options, which may include:
DEBT RELIEF
At MNP LTD, we appreciate that no two financial circumstances are 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. With us, you can expect the discreet guidance and unbiased advice you need to erase debt from your life.
BANKRUPTCY
Declaring bankruptcy is a structured, formal process designed to provide you with a fresh financial start. One of our local Licensed Insolvency Trustees will guide you through every step of the process, including the preparation and filing of all mandatory paperwork, notifying creditors, stopping wage garnishments and helping avert any 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). One of the key differences between a consumer proposal and bankruptcy is that a consumer proposal allows you to hold onto all assets, which could otherwise be seized in a bankruptcy.
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. With only one monthly debt payment to stay on top of, debt consolidation can make it easier to budget and pay bills on time. Your local MNP Licensed Insolvency Trustees are accredited insolvency counsellors who will help you decide on the right path for your situation, so you can plan 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 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. Whether you want to know the key differences between bankruptcy and a consumer proposal or you’re wondering what the process of consolidating credit involves, your local Fredericton MNP LTD bankruptcy trustee is here to provide the guidance and support you need. Start today with a free confidential consultation.