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DEBT ASSISTANCE AT MNP LTD IN HOPE, BRITISH COLUMBIA

If you’ve been struggling with debt for a while — and quick fixes are only adding to your debts — you may want to consider a more permanent solution. This is where MNP LTD steps in. Our Life-Changing Debt Solutions are purposely designed to help you put debt in the past, once and for all. Your local MNP LTD Licensed Insolvency Trustee in Hope will work privately with you to put together a tailored plan of action that’s right for your unique circumstances. We’re ready to help you take control of your finances, so you can live a debt-free life.

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Find the right option with the help of a Licensed Insolvency Trustee

One of our Licensed Insolvency Trustees in Hope will help you get to know which solutions are available to you, including:

DEBT RELIEF

At MNP LTD, we recognize that each situation is unique. That’s why one of our Licensed Insolvency Trustees will work closely with you to help you understand your options and determine the best 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. Throughout the process, you’ll be assisted by one of our Licensed Insolvency Trustees, who will help you prepare and file all necessary documents, inform your creditors, stop wage garnishments and help prevent any further legal action against you.

CONSUMER PROPOSAL

The consumer proposal process is administered by a Licensed Insolvency Trustee and involves developing a formal, legally binding offer to your creditors that sets out a plan for paying back a portion of your unsecured debts over a period of up to five years. As an alternative to personal bankruptcy, a consumer proposal lets you keep assets that you might otherwise lose in a bankruptcy.

DEBT CONSOLIDATION

A debt consolidation loan merges all of your debts into one overall loan that you will pay off on a monthly basis, usually at a lower interest rate than your credit card debt. With only one debt payment to make each month, debt consolidation helps take the guesswork out of paying bills on time. As an accredited insolvency counsellor, your local MNP LTD Licensed Insolvency Trustee will explain all of your available options, so you can decide on the right path to take and start planning for a debt-free future.

INSOLVENCY

Sometimes confused with the legal process of bankruptcy, insolvency is a financial state where a person cannot make debt payments on time. While being insolvent could lead to filing for bankruptcy, there may be other paths to take, such as making a consumer proposal or taking out a debt consolidation loan.

When it comes to deciding between debt solutions, getting informed is the first step. Your local MNP LTD bankruptcy trustee in Hope is here to provide all the guidance and support you need, from explaining the key differences between a consumer proposal and bankruptcy to outlining the process of consolidating credit. Get started today with a free confidential consultation.