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DEBT ASSISTANCE AT MNP LTD IN L'ANCIENNE-LORETTE, QUÉBEC

If you’re struggling to make ends meet — and temporary solutions are only pushing you further into debt — it’s time to take a more permanent approach. This is what sets MNP LTD apart. We provide Life-Changing Debt Solutions that are focused on helping your erase personal debt for good. One of our Licensed Insolvency Trustees in L'Ancienne-Lorette will work privately with you to put together the right plan of action for your unique circumstances. We’re ready to help you take control of your finances, so you can live a debt-free life.

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Compare debt solutions with a Licensed Insolvency Trustee

You can count on your local MNP LTD Licensed Insolvency Trustee in L'Ancienne-Lorette to detail the solutions that may be right 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 the confidential guidance, support and unbiased advice you need to stop the cycle of debt once and for all.

BANKRUPTCY

The structured, formal process of declaring bankruptcy is intended to give individuals a fresh financial start. The process will be led by a Licensed Insolvency Trustee who will assist you at every step, from preparing and filing all mandatory documents to alerting 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. As an alternative solution to declaring bankruptcy, a consumer proposal allows you to hold onto all assets — assets that might otherwise need to be handed over in a bankruptcy.

DEBT CONSOLIDATION

A debt consolidation loan combines all of your debts into a single monthly payment, typically at a lower interest rate 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

Insolvency and bankruptcy may sound like the same thing, but they have different meanings: insolvency is a financial state of not being able to make debt payments on time, whereas bankruptcy is a legal process. 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 choosing the right debt solution for your needs, it’s important to get informed. 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 L'Ancienne-Lorette 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.