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DEBT ASSISTANCE AT MNP LTD IN ALMA, QUÉBEC

If you’re feeling weighed down by debt — and quick solutions are only pulling you deeper into debt — it may be time to take a long-term approach. This is what sets MNP LTD apart. We offer Life-Changing Debt Solutions that can help you say goodbye to debt for good. One of our Licensed Insolvency Trustees in Alma will work side-by-side with you to create a customized plan that works best for your individual situation. We empower you to get back on solid financial ground, so you can finally enjoy a debt-free life.

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Understand your options with a Licensed Insolvency Trustee

One of our Licensed Insolvency Trustees in Alma will carefully review all of the options that may work for you, including:

DEBT RELIEF

At MNP LTD, we know every situation is different. 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. 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

The structured, formal process of declaring bankruptcy is intended to give individuals a fresh financial start. One of our Licensed Insolvency Trustees will walk you through every step of the process, including preparing and filing all mandatory documents, informing your creditors, putting a stop to wage garnishments and helping avert any further legal action against you.

CONSUMER PROPOSAL

In a consumer proposal, you’ll work with a Licensed Insolvency Trustee to negotiate a formal agreement between you and your creditors to make fixed monthly payments over time, up to a five-year maximum. As an alternative to declaring bankruptcy, a consumer proposal allows you to retain 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, having only one monthly debt payment to keep track of can make it easier for you to manage your finances. 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

Sometimes mistakenly used interchangeably with bankruptcy (a formal legal process), insolvency is a financial state of being unable to pay debts on time. While insolvency is a condition can lead to declaring bankruptcy, you may have other options to consider, such as a consumer proposal or other debt consolidation options.

When it comes to debt solutions, exploring your options is key. 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 Alma MNP LTD bankruptcy trustee is here to provide the guidance and support you need. Start your journey to a debt-free future with a free confidential consultation.