Hochelaga
Longueuil, QC
J4K 5G7
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DEBT ASSISTANCE AT MNP LTD IN HOCHELAGA, QUÉBEC
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. Fortunately, your local MNP LTD office is here to help. We offer Life-Changing Debt Solutions that can help you say goodbye to debt for good. Your local MNP LTD Licensed Insolvency Trustee in Hochelaga will work privately with you to put together a tailored plan of action that’s right for your unique circumstances. We’re ready to help you overcome your financial challenges, so you can start living a debt-free life.
There are 3 offices near you
Explore your options with a Licensed Insolvency Trustee
One of our Licensed Insolvency Trustees in Hochelaga will help you get to know which solutions are available to you, including:
DEBT RELIEF
AT MNP LTD, we know that debt relief is not one-size-fits-all. That’s why you can expect to work closely with one of our Licensed Insolvency Trustees, who will help you fully understand your options and decide on the best course of action. We’re here to support you every step of the way, including providing the confidential guidance and unbiased advice you need to break free from the cycle of debt for good.
BANKRUPTCY
The formal, structured process of declaring bankruptcy offers you the opportunity to rebuild your finances from scratch. Your local MNP LTD Licensed Insolvency Trustee will administer the entire process from start to finish, including assisting you in the completion and filing of all required paperwork, informing your creditors, putting a stop to wage garnishments and working to 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. One of the differences between a consumer proposal and bankruptcy is that you get to keep all assets — assets that could potentially be taken away in a bankruptcy.
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. Not having to make several debt payments every month can help make it easier to budget for repayment. 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
Sometimes incorrectly used as a synonym for bankruptcy, which is a legal process, insolvency is a financial state in which a person can’t pay back lenders on time. While insolvency can lead to filing for bankruptcy, there may be other debt relief solutions to consider, including debt consolidation loans or a consumer proposal.
Getting to know your options is an important first step in finding the right debt solution. Your local MNP LTD bankruptcy trustee in Hochelaga 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. Take the first step: request a free confidential consultation today.