Amherst
Halifax, NS
B3J 3N4
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DEBT ASSISTANCE AT MNP LTD IN AMHERST, NOVA SCOTIA
If you’ve been battling debt for a long time — and temporary solutions are only increasing your financial burden — you may need to take a more permanent approach. This is what sets MNP LTD apart. We provide Life-Changing Debt Solutions that are focused on helping your erase personal debt for good. Your local Licensed Insolvency Trustee in Amherst will work individually with you to put together a custom plan that’s right for your circumstances. We’re ready to help you take control of your finances, so you can live a debt-free life.
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Get to know your options with our Licensed Insolvency Trustees
One of our Licensed Insolvency Trustees in Amherst is ready to review all of your available options, such as:
DEBT RELIEF
At MNP LTD, we appreciate that no two financial circumstances are the same. That’s why you’ll work closely with one of our Licensed Insolvency Trustees, who will walk you through your options and help you select the best course of action for your situation. We’re here to support you every step of the way, including providing the confidential guidance and unbiased advice you need to break free from the cycle of debt for good.
BANKRUPTCY
The structured, formal process of declaring bankruptcy is intended to give individuals a fresh financial start. One of our Licensed Insolvency Trustees at your local MNP LTD office will lead you through each step of the process, from preparing and filing all necessary documents, alerting your creditors, stopping wage garnishments and helping prevent further legal action against you.
CONSUMER PROPOSAL
A consumer proposal is a formal, legally binding process that is administered by a Licensed Insolvency Trustee; together, you will develop a formal offer to your creditors to settle your unsecured debt over time (no more than five years). While you may need to hand over assets in a bankruptcy, 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. Not having to make several debt payments every month can help make it easier to budget for repayment. As Licensed Insolvency Trustees, we are accredited insolvency counsellors who will guide you through your options, so you can choose the best path to 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 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 Amherst to guide you every step of the way. Get a free confidential consultation today.