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DEBT ASSISTANCE AT MNP LTD IN WELLINGTON, 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 makes MNP LTD different. We provide Life-Changing Debt Solutions that are focused on helping your erase personal debt for good. You’ll work privately with one of our Licensed Insolvency Trustees in Wellington, where together we’ll develop a custom plan that works with your unique needs and circumstances. We’re here to help you regain control of your finances, so you can enjoy a debt-free future.

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

Understanding your options starts with a confidential consultation with one of our Licensed Insolvency Trustees in Wellington, where we’ll discuss solutions including:

DEBT RELIEF

AT MNP LTD, we realize that no two financial situations are exactly the same. That’s why you can expect to work closely with one of our Licensed Insolvency Trustees, who will help you fully understand your options and decide on the best course of action. We’re here to provide the confidential guidance, support and unbiased advice you need to stop the cycle of debt once and for all.

BANKRUPTCY

The formal, structured process of declaring bankruptcy offers you the opportunity to rebuild your finances from scratch. Your local MNP LTD Licensed Insolvency Trustee will guide you every step of the way, including helping you prepare and file all required documents, notifying your creditors, stopping wage garnishments and helping prevent further legal action against you.

CONSUMER PROPOSAL

In a consumer proposal, you’ll work with a Licensed Insolvency Trustee to negotiate a formal agreement between you and your creditors to make fixed monthly payments over time, up to a five-year maximum. One of the advantages of a consumer proposal is that it allows you to keep assets that might otherwise be seized in a bankruptcy.

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. Since you only have a single monthly debt payment to make, debt consolidation can make it easier for you to stay on top of your finances. Your local MNP LTD Licensed Insolvency Trustee is an accredited insolvency counsellor who will walk you through your options, so you can embark on the right path to a debt-free future.

INSOLVENCY

While insolvency is often confused with bankruptcy, the two are not the same: bankruptcy is a formal legal process, and insolvency is a financial state in which an individual is unable to pay back lenders 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 debt solutions, exploring your options is key. Whether you want to know the advantages and disadvantages of filing for bankruptcy versus making a consumer proposal, or you want to know what steps are involved in consolidating credit, your local MNP LTD bankruptcy trustee in Wellington is here to walk you through every solution. Start on the path to a debt-free future: get a free confidential consultation today.