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DEBT ASSISTANCE AT MNP LTD IN HALIFAX, NOVA SCOTIA

If you’re struggling to break free from the cycle of debt — and short-term fixes are only sinking you further into debt — it’s time to consider a more permanent approach. Rest assured, MNP LTD is here to help. Our Life-Changing Debt Solutions are designed to help you say goodbye to debt once and for all. Your local MNP LTD Licensed Insolvency Trustee in Halifax will work closely with you to design a unique plan that best suits your situation. We’re here to help you regain control of your finances, so you can enjoy a debt-free future.

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Find the right option with the help of a Licensed Insolvency Trustee

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

DEBT RELIEF

At MNP LTD, we recognize that every debt challenge is different. That’s why you can expect to work closely with one of our Licensed Insolvency Trustees, who will help you fully understand your options and decide on the best course of action. You can count on us for the discreet guidance, advice and support you need to be done with debt for good.

BANKRUPTCY

The structured, formal process of personal bankruptcy enables you to start from scratch 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

Developed with help of a Licensed Insolvency Trustee, a consumer proposal is a legally binding agreement between you and your creditors that outlines a plan for paying back your unsecured debt within a maximum term of five years. Whereas in a bankruptcy you may lose some assets, 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. With only one monthly debt payment to stay on top of, debt consolidation can make it easier to budget and pay bills on time. 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

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 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 ins and out of consolidating credit to understanding the pros and cons of bankruptcy versus a consumer proposal, your local MNP LTD bankruptcy trustee in Halifax is here provide the guidance, advice and support you need. Take the first step: request a free confidential consultation today.