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DEBT ASSISTANCE AT MNP LTD IN HESPELER, ONTARIO

If you’re stuck on the rollercoaster of debt — and temporary fixes just aren’t working for you — it’s time to find a more permanent solution. This is what sets MNP LTD apart. We provide Life-Changing Debt Solutions that can help you erase debt from your life once and for all. You’ll work privately with one of our Licensed Insolvency Trustees in Hespeler, where together we’ll develop a custom plan that works with your unique needs and circumstances. We’re ready to help you get back on solid financial ground, so you can successfully prepare for a debt-free future.

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Get to know your options with our Licensed Insolvency Trustees

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

DEBT RELIEF

AT MNP LTD, we realize that no two financial situations are exactly the same. That’s why one of our Licensed Insolvency Trustees will work closely with you to help you understand your options and determine the best path to take. With us, you can expect the discreet guidance and unbiased advice you need to erase debt from your life.

BANKRUPTCY

The structured, formal process of personal bankruptcy enables you to start from scratch with your finances. One of our Licensed Insolvency Trustees at your local MNP LTD office will lead you through each step of the process, from preparing and filing all necessary documents, alerting your creditors, stopping wage garnishments and helping prevent further legal action against you.

CONSUMER PROPOSAL

The consumer proposal process is administered by a Licensed Insolvency Trustee and involves developing a formal, legally binding offer to your creditors that sets out a plan for paying back a portion of your unsecured debts over a period of up to five years. As an alternative to filing for bankruptcy, a consumer proposal allows you to keep assets that might otherwise be taken away in a bankruptcy.

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. Because you only have one monthly debt payment to keep track of, debt consolidation helps take the guesswork out of paying bills and can make budgeting easier. As Licensed Insolvency Trustees, we are accredited insolvency counsellors who will help you better understand your options, so you can select the right path towards living a debt-free life.

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 looking for debt solutions, it’s vital to understand your options. Your local MNP LTD bankruptcy trustee in Hespeler is here to answer all of your questions, from outlining the differences between declaring bankruptcy and making a consumer proposal to detailing the process of consolidating credit. Start your journey to a debt-free future with a free confidential consultation.