Grassy Lake
Lethbridge, AB
T1J 4V1
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LICENSED INSOLVENCY TRUSTEE IN GRASSY LAKE, ALBERTA
Looking to find a Licensed Insolvency Trustee (formerly known as Bankruptcy Trustee or Trustee in Bankruptcy) in Grassy Lake? Every year, MNP LTD helps thousands of Canadians find a viable way out of debt. If the path to solvency seems out of reach, you can count on us for reasonable, suitable solutions.
At your nearest MNP LTD location in Taber, you'll find respectful, approachable professionals equipped with debt solution know-how. Our main goal is to provide you with the professional advice you need to put debt behind you. Take charge today by giving us a call, and we'll help you regain the financial stability you deserve
There is 1 office near you
You may be eligible for a range of debt help solutions
When it comes to filing for bankruptcy, the goal is to lessen or eliminate most or all of your debts. It is governed by the Bankruptcy and Insolvency Act. Before you begin, you should visit your local MNP LTD Licensed Insolvency Trustee, who will evaluate your situation and walk you through all available options. It may be the case that alternatives to bankruptcy can be chosen, such as making a consumer proposal instead.
The following should be taken into account when considering the debt solutions available to you:
- Do you regularly spend more than you earn?
- Are you facing legal action (e.g. garnishment)?
- Do you use your credit card for everyday necessities?
- Are you at risk of having your credit card revoked?
- Have you been receiving collection letters or phone calls from your creditors?
- Are your financial struggles causing you stress?
If any of these questions ring true for you, it’s time to talk to our dedicated debt professionals.
Personalized solutions
Informal Debt Settlement
Depending on the amount of debt you have, it may be possible for you to contact your creditors directly and negotiate a lower interest rate or a repayment schedule that works for you.
Debt Consolidation
Debt consolidation consolidates your debt into a single monthly repayment and allows you to repay multiple creditors.
Orderly Payment of Debt
Under the Orderly Payment of Debt (OPD) program the court consolidates your loans and pays your unsecured creditors in three or more years at an interest rate of 5% per annum.
Personal Bankruptcy
There are many ways you can restore your credit. Together, the advantages and disadvantages of each of your options will be reviewed.
When it comes to selecting a Licensed Insolvency Trustee in Grassy Lake, you can expect MNP LTD to be there for you throughout the filing process, every step of the way. You can rest assured that we'll consider all your options when creating a plan tailored to your situation. Together, we’ll guide you through the available options.