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DEBT ASSISTANCE AT MNP LTD IN STE MADELEINE, QUÉBEC

If you’ve been battling debt for a long time — and temporary solutions are only increasing your financial burden — you may need to take a more permanent approach. This is what sets MNP LTD apart. We offer a range of Life-Changing Debt Solutions that focus on helping you get rid of debt for good. Your local Licensed Insolvency Trustee in Ste Madeleine will work individually with you to put together a custom plan that’s right for your circumstances. We empower you to get back on solid financial ground, so you can finally enjoy a debt-free life.

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Compare debt solutions with a Licensed Insolvency Trustee

One of our Licensed Insolvency Trustees in Ste Madeleine is ready to review all of your available options, such as:

DEBT RELIEF

AT MNP LTD, we know that debt relief is not one-size-fits-all. For this reason, one of our Licensed Insolvency Trustees will carefully explain all of your options and help you determine the right path to take. We’re here to provide unbiased, non-judgemental guidance, support and advice every step of the way, so you can put an end to your debt for good.

BANKRUPTCY

Personal bankruptcy is a structured, formal process that offers individuals a fresh financial start. Your local MNP LTD Licensed Insolvency Trustee will guide you every step of the way, including helping you prepare and file all required documents, notifying your creditors, stopping wage garnishments and helping prevent further legal action against you.

CONSUMER PROPOSAL

Filed under the guidance of a Licensed Insolvency Trustee, a consumer proposal allows you to develop and negotiate a formal agreement between you and your creditors in which you will pay back a portion of your debts over time, up to a five-year maximum term. Whereas in a bankruptcy you may lose some assets, a consumer proposal allows you to keep all assets.

DEBT CONSOLIDATION

A debt consolidation loan combines multiple debts into one monthly payment, which is often at a lower interest rate than your 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

Not to be confused with bankruptcy, which is a legal process, insolvency is a financial state in which an individual cannot meet debt payments on time. While declaring bankruptcy can relieve insolvency, it may not be the only option available to you — other solutions could include a consumer proposal or a debt consolidation loan.

When it comes to finding the right debt solution, understanding your options is fundamental. Your local MNP LTD bankruptcy trustee in Ste Madeleine 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 a free confidential consultation today.