Lethbridge
Lethbridge, AB
T1J 4V1
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LICENSED INSOLVENCY TRUSTEE IN LETHBRIDGE, ALBERTA
Do you require a Licensed Insolvency Trustee (formerly known as Bankruptcy Trustee or Trustee in Bankruptcy) in Lethbridge? When faced with debt, thousands of Canadians have turned to MNP LTD for the trusted help they need. We can help you get through tough times by outlining all of your options and helping you choose the solution that's right for you.
At your nearest MNP LTD location in Lethbridge, you'll find respectful, approachable professionals equipped with debt solution know-how. Their top priority is to help you put your finances back in order and do away with unruly debt. Contact us today if you're ready to take the reins on your financial future.
There is 1 office near you
We will outline all of your options
The purpose of filing for bankruptcy is to provide you with a fresh financial start. In Canada, bankruptcy is regulated by the Bankruptcy and Insolvency Act. The first step should be to speak with your local MNP LTD Licensed Insolvency Trustee, who will take a look at your situation and go over the paths you could take. You might even find that viable alternatives to bankruptcy are available to you, such as making a consumer proposal.
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.
The guidance you need
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.
Orderly Payment of Debt
Under this program, the court will combine your loans and pay your unsecured debts on your behalf at a 5% per annum interest rate in three or more years.
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 choosing a Licensed Insolvency Trustee in Lethbridge, you can rest assured that MNP LTD is here to guide you through the filing process from start to finish. You can also feel confident knowing we will go through any other solutions that you may be able to pursue. With our help, we can walk you through all your available options.