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DEBT ASSISTANCE AT MNP LTD IN CHETWYND, BRITISH COLUMBIA

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 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. One of our Licensed Insolvency Trustees in Chetwynd will work side-by-side with you to create a customized plan that works best for your individual situation. We empower you to resolve your financial challenges, so you can finally become debt free.

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Understanding your options with our Licensed Insolvency Trustees

Your local MNP LTD Licensed Insolvency Trustee in Chetwynd is here to help you navigate your options, which may include:

DEBT RELIEF

At MNP LTD, we appreciate that no two financial circumstances are 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 provide you with non-judgemental, unbiased advice and support from start to finish, so you can put your debt behind you for good.

BANKRUPTCY

Declaring bankruptcy is a structured, formal process designed to provide you with a fresh financial start. 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

Managed by a Licensed Insolvency Trustee, the consumer proposal process consists of negotiating a formal agreement between you and your creditors that enables you make set monthly payments over a fixed period of time (not to exceed five years). While you may need to hand over assets in a bankruptcy, a consumer proposal allows you to keep all assets.

DEBT CONSOLIDATION

Once you are approved for a debt consolidation loan, all of your debts will combine into one monthly payment, generally at a reduced interest rate — one that’s lower 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. Our Licensed Insolvency Trustees are accredited insolvency counsellors who will explore all of your options with you, so you can make the best decision for your circumstances and plan for a debt-free future.

INSOLVENCY

Insolvency and bankruptcy may sound like the same thing, but they have different meanings: insolvency is a financial state of not being able to make debt payments on time, whereas bankruptcy is a legal process. 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.

Deciding on the right debt solution starts with getting informed. From learning the key differences between bankruptcy and a consumer proposal to understanding what’s involved in the process of consolidating credit, you can count on your local MNP LTD bankruptcy trustee in Chetwynd to guide you every step of the way. Start your journey to a debt-free future with a free confidential consultation.