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DEBT ASSISTANCE AT MNP LTD IN SAINTE-MARIE, 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. This is where MNP LTD can help. Our Life-Changing Debt Solutions are designed to help you eliminate personal debt for good. One of our Licensed Insolvency Trustees in Sainte-Marie will guide you in creating a personalized action plan that’s right for your situation. We’re ready to help you overcome your financial challenges, so you can start living a debt-free life.

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Navigate your options with our Licensed Insolvency Trustees

Understanding your options starts with a confidential consultation with one of our Licensed Insolvency Trustees in Sainte-Marie, where we’ll discuss solutions including:

DEBT RELIEF

At MNP LTD, we appreciate that each debt challenge is unique. 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. You can depend on us to provide discreet guidance, support and unbiased advice throughout the process, so you can put your debt in the past once and for all.

BANKRUPTCY

Declaring bankruptcy is a structured, formal process designed to provide you with 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

Overseen by a Licensed Insolvency Trustee, the consumer proposal process involves developing a formal offer to your creditors to settle your unsecured debt via fixed monthly payments over a specific period of time (no longer than 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. 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 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. If you are insolvent, you may be considering filing for bankruptcy; however, alternative solutions could also be available to you, like a consumer proposal or debt consolidation loan.

Deciding on the right debt solution starts with getting informed. From learning the ins and out of consolidating credit to understanding the pros and cons of bankruptcy versus a consumer proposal, your local MNP LTD bankruptcy trustee in Sainte-Marie is here provide the guidance, advice and support you need. Get a free confidential consultation today.