DEBT ASSISTANCE AT MNP LTD IN JORDAN, ONTARIO
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. Fortunately, your local MNP LTD office is here to help. We offer Life-Changing Debt Solutions that can help you say goodbye to debt for good. You’ll work privately with one of our Licensed Insolvency Trustees in Jordan, where together we’ll develop a custom plan that works with your unique needs and circumstances. We empower you to resolve your financial challenges, so you can finally become debt free.
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Get to know your options with our Licensed Insolvency Trustees
When you visit your local MNP LTD Licensed Insolvency Trustee in Jordan, we’ll discuss the options that may be right for you, such as:
AT MNP LTD, we realize that no two financial situations are exactly 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 count on us for the discreet guidance, advice and support you need to be done with debt for good.
The structured, formal process of personal bankruptcy enables you to start from scratch with your finances. Your local MNP LTD Licensed Insolvency Trustee will administer the entire process from start to finish, including assisting you in the completion and filing of all required paperwork, informing your creditors, putting a stop to wage garnishments and working to prevent further legal action against you.
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). As an alternative to filing for bankruptcy, a consumer proposal allows you to keep assets that might otherwise be taken away in a bankruptcy.
A debt consolidation loan combines all of your debts into a single monthly payment, typically at a lower interest rate than your credit card debt. Because you only have one monthly debt payment to keep track of, debt consolidation helps take the guesswork out of paying bills and can make budgeting easier. 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.
Sometimes mistaken as interchangeable terms, insolvency and bankruptcy mean two different things: bankruptcy is defined as a legal process, whereas insolvency is a financial state where a person is unable to pay back creditors on time. While insolvency can lead to filing for bankruptcy, there may be other debt relief solutions to consider, including debt consolidation loans or a consumer proposal.
When it comes to choosing the right debt solution for your needs, it’s important to get informed. From learning the difference between filing for bankruptcy and making a consumer proposal to understanding the process of consolidating credit, your nearby MNP LTD bankruptcy trustee in Jordan is ready to assist you one-on-one. Take the first step: request a free confidential consultation today.