Harrowsmith
Ottawa, ON
K1Z 1G3
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DEBT ASSISTANCE AT MNP LTD IN HARROWSMITH, ONTARIO
If you’re feeling weighed down by debt — and quick solutions are only pulling you deeper into debt — it may be time to take a long-term approach. This is what makes MNP LTD different. Our Life-Changing Debt Solutions are designed to help you say goodbye to debt once and for all. You’ll work privately with one of our Licensed Insolvency Trustees in Harrowsmith, where together we’ll develop a custom plan that works with your unique needs and circumstances. We’re here to help you get your finances in check, so you can make a debt-free future a reality.
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Compare debt solutions with a Licensed Insolvency Trustee
One of our Licensed Insolvency Trustees in Harrowsmith is ready to review all of your available options, such as:
DEBT RELIEF
At MNP LTD, we appreciate that each debt challenge is unique. This is why one of our Licensed Insolvency Trustees will walk you through your options and help you decide on 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
Filing for bankruptcy is a structured, formal process that gives you the opportunity to start fresh with your finances. 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
Managed by a Licensed Insolvency Trustee, the consumer proposal process consists of negotiating a formal agreement between you and your creditors that enables you make set monthly payments over a fixed period of time (not to exceed five years). One of the differences between a consumer proposal and bankruptcy is that you get to keep all assets — assets that could potentially be taken away in a bankruptcy.
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. With debt consolidation, having only one monthly debt payment to keep track of can make it easier for you to manage your finances. 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
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 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.
Getting to know your options is an important first step in finding the right debt solution. Whether you want to know the key differences between bankruptcy and a consumer proposal or you’re wondering what the process of consolidating credit involves, your local Harrowsmith MNP LTD bankruptcy trustee is here to provide the guidance and support you need. Get started with a free confidential consultation.