Hanmer
Thunder Bay, ON
P7B 6M4
Get a Free
initial confidential consultation
DEBT ASSISTANCE AT MNP LTD IN HANMER, ONTARIO seotest
If you’ve been stuck in the cycle of debt for a while — and fast fixes are only adding to your debts — it may be time to think about a more permanent approach. Our Life-Changing Debt Solutions are designed to help you eliminate personal debt for good. One of our Licensed Insolvency Trustees in Hanmer will guide you in creating a personalized action plan that’s right for your situation. We empower you to take control of your finances, so you can plan for a debt-free future.
There is 1 office near you
Compare debt solutions with a Licensed Insolvency Trustee
Understanding your options starts with a confidential consultation with one of our Licensed Insolvency Trustees in Hanmer, where we’ll discuss solutions including:
DEBT RELIEF
At MNP LTD, we know every situation is different. Rest assured, one our Licensed Insolvency Trustees will guide you through your options, so you can make the best decision for your circumstances. We offer confidential guidance and non-judgemental advice to help you break free from personal debt for good.
BANKRUPTCY
As a structured, formal process, the purpose of bankruptcy is to provide you with a fresh financial start. Throughout the process, you’ll be assisted by one of our Licensed Insolvency Trustees, who will help you prepare and file all necessary documents, inform your creditors, stop wage garnishments and help prevent any 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). 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 merges multiple debts into a single monthly payment, normally at an interest rate that’s lower than your current 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 Licensed Insolvency Trustees, we are accredited insolvency counsellors who will guide you through your options, so you can choose the best path to 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 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. Your local MNP LTD bankruptcy trustee in Hanmer is here to provide all the guidance and support you need, from explaining the key differences between a consumer proposal and bankruptcy to outlining the process of consolidating credit. Get a free confidential consultation today.