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DEBT ASSISTANCE AT MNP LTD IN MIRABEL, QUÉBEC

If you’re feeling overwhelmed by debt — and temporary fixes are only adding to your financial burden — it’s time to look into a more permanent solution. This is exactly 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 Mirabel will work side-by-side with you to create a customized plan that works best for your individual situation. We’re here to help you get your finances in check, so you can make a debt-free future a reality.

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Explore debt solutions with our Licensed Insolvency Trustees

Your local MNP LTD Licensed Insolvency Trustee in Mirabel 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. This is why one of our Licensed Insolvency Trustees will walk you through your options and help you decide on the right path to take. 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

Personal bankruptcy is a formal, structured process designed to help you completely reset your finances. 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 key differences between a consumer proposal and bankruptcy is that a consumer proposal allows you to hold onto all assets, which could otherwise be seized in a bankruptcy.

DEBT CONSOLIDATION

A debt consolidation loan combines multiple debts into a single overall loan that you will pay off every month, typically at a better interest rate than your credit card debt. Since you only have a single monthly debt payment to make, debt consolidation can make it easier for you to stay on top of your finances. 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 mistakenly used interchangeably with bankruptcy (a formal legal process), insolvency is a financial state of being unable to pay debts on time. While declaring bankruptcy can resolve insolvency, it’s important to consider all available options first, including, but not limited to, a consumer proposal or a debt consolidation loan.

When it comes to deciding between debt solutions, getting informed is the first step. Your local MNP LTD bankruptcy trustee in Mirabel 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. Get started today with a free confidential consultation.