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DEBT ASSISTANCE AT MNP LTD IN COURTENAY, BRITISH COLUMBIA

If you’re struggling to break free from the cycle of debt — and short-term fixes are only sinking you further into debt — it’s time to consider a more permanent approach. This is what sets MNP LTD apart. Our Life-Changing Debt Solutions are designed to help you say goodbye to debt once and for all. One of our Licensed Insolvency Trustees in Courtenay will guide you in creating a personalized action plan that’s right for your situation. We’re ready to help you take control of your finances, so you can live a debt-free life.

There are 8 offices near you

Explore your options with a Licensed Insolvency Trustee

You can count on your local MNP LTD Licensed Insolvency Trustee in Courtenay to detail the solutions that may be right for you, including:

DEBT RELIEF

At MNP LTD, we recognize that every debt challenge is different. This is why your local Licensed Insolvency Trustee will take the time to help you understand your solutions and select the most appropriate path to take. 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

Personal bankruptcy is a structured, formal process that offers individuals a fresh financial start. The process is administered by a Licensed Insolvency Trustee, who will help you complete and file all mandatory paperwork, notify your creditors, stop wage garnishments and help prevent further legal action against you.

CONSUMER PROPOSAL

Administered by a Licensed Insolvency Trustee, a consumer proposal is a formal agreement between you and your creditors that allows you to make fixed monthly payments over a set period of time (up to a maximum of five years). Whereas in a bankruptcy you may lose some assets, a consumer proposal allows you to keep all assets.

DEBT CONSOLIDATION

If you qualify for a debt consolidation loan, all of your debts will be combined into one monthly payment, generally at an interest rate that’s lower than your current credit card debt. With debt consolidation, you no longer have to juggle multiple debt payments, which can make it easier to budget and stay on track. 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

Different in meaning than bankruptcy, which is a legal process, insolvency refers to a financial state of not being able to meet debt payments on time. While insolvency can lead to filing for bankruptcy, there may be other debt relief solutions to consider, including debt consolidation loans or a consumer proposal.

When it comes to deciding between debt solutions, getting informed is the first step. Your local MNP LTD bankruptcy trustee in Courtenay 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 started with a free confidential consultation.