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DEBT ASSISTANCE AT MNP LTD IN COURTICE, ONTARIO

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. That’s where MNP LTD stands out. We provide Life-Changing Debt Solutions that can help you erase debt from your life once and for all. You’ll work side-by-side with one of our Licensed Insolvency Trustees in Courtice to develop a tailored plan of action that best meets your unique needs. We’re ready to help you overcome your financial challenges, so you can start living a debt-free life.

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Understanding your options with our Licensed Insolvency Trustees

Understanding your options starts with a confidential consultation with one of our Licensed Insolvency Trustees in Courtice, where we’ll discuss solutions including:

DEBT RELIEF

AT MNP LTD, we realize that no two financial situations are exactly the same. That’s why you’ll work closely with one of our Licensed Insolvency Trustees, who will walk you through your options and help you select the best course of action for your situation. 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

As a structured, formal process, the purpose of bankruptcy is to provide you with a fresh financial start. 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

Managed by a Licensed Insolvency Trustee, the consumer proposal process consists of negotiating a formal agreement between you and your creditors that enables you make set monthly payments over a fixed period of time (not to exceed 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. Debt consolidation helps take the frustration out of juggling multiple debt payments, as only having one monthly debt payment to keep track of can make it easier to stay on top of your finances. 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

Different in meaning than bankruptcy, which is a legal process, insolvency refers to a financial state of not being able to meet 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. Whether you want to know the advantages and disadvantages of filing for bankruptcy versus making a consumer proposal, or you want to know what steps are involved in consolidating credit, your local MNP LTD bankruptcy trustee in Courtice is here to walk you through every solution. Start today with a free confidential consultation.