Find a service:
Find
We've helped
hundreds of thousands
of Canadians

get out of debt

DEBT ASSISTANCE AT MNP LTD IN BRIDGEWATER, NOVA SCOTIA

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 what sets MNP LTD apart. Our Life-Changing Debt Solutions are designed to help you eliminate personal debt for good. One of our Licensed Insolvency Trustees in Bridgewater will guide you in creating a personalized action plan that’s right for your situation. We’re here to provide the guidance you need to take control of your finances and prepare for a debt-free future.

There is 1 office near you

Understanding your options with our Licensed Insolvency Trustees

Your local MNP LTD Licensed Insolvency Trustee in Bridgewater is always here to discuss all the solutions that may be available to you, including:

DEBT RELIEF

At MNP LTD, we appreciate that no two financial circumstances are the same. For this reason, one of our Licensed Insolvency Trustees will carefully explain all of your options and help you determine the right 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. One of our local Licensed Insolvency Trustees will guide you through every step of the process, including the preparation and filing of all mandatory paperwork, notifying creditors, stopping wage garnishments and helping avert 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. Whereas in a bankruptcy you may lose some assets, a consumer proposal allows you to keep all assets.

DEBT CONSOLIDATION

If you are approved for a debt consolidation loan, all of your debts will be merged into one overall monthly payment, which is often at a lower interest rate 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

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 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.

Deciding on the right debt solution starts with getting informed. 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 Bridgewater is here to walk you through every solution. Get a free confidential consultation today.