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DEBT ASSISTANCE AT MNP LTD IN CALEDON EAST, ONTARIO

If you’re stuck on the rollercoaster of debt — and temporary fixes just aren’t working for you — it’s time to find a more permanent solution. Rest assured, MNP LTD is here to help. 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 Caledon East will work closely with you to design a unique plan that best suits your situation. We’re here to provide the guidance you need to take control of your finances and prepare for a debt-free future.

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Get to know your options with our Licensed Insolvency Trustees

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

DEBT RELIEF

At MNP LTD, we appreciate that each debt challenge is unique. 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. We’re here to provide you with non-judgemental, unbiased advice and support from start to finish, so you can put your debt behind you for good.

BANKRUPTCY

Personal bankruptcy is a structured, formal process that offers individuals a fresh financial start. One of our Licensed Insolvency Trustees will walk you through every step of the process, including preparing and filing all mandatory documents, informing your creditors, putting a stop to wage garnishments and helping avert any 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. 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 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 incorrectly used as a synonym for bankruptcy, which is a legal process, insolvency is a financial state in which a person can’t pay back lenders 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.

When it comes to finding the right debt solution, understanding your options is fundamental. Your local MNP LTD bankruptcy trustee in Caledon East 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. Start today with a free confidential consultation.