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DEBT ASSISTANCE AT MNP LTD IN PEMBROKE, 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. This is exactly what sets MNP LTD apart. We provide Life-Changing Debt Solutions that are focused on helping your erase personal debt for good. One of our Licensed Insolvency Trustees in Pembroke will guide you in creating a personalized action plan that’s right for your situation. We empower you to get back on solid financial ground, so you can finally enjoy a debt-free life.

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Understanding your options with our Licensed Insolvency Trustees

When you visit your local MNP LTD Licensed Insolvency Trustee in Pembroke, we’ll discuss the options that may be right for you, such as:

DEBT RELIEF

At MNP LTD, we recognize that each situation is unique. This is why your local Licensed Insolvency Trustee will take the time to help you understand your solutions and select the most appropriate path to take. We’re here to provide the confidential guidance, support and unbiased advice you need to stop the cycle of debt once and for all.

BANKRUPTCY

Personal bankruptcy is a formal, structured process designed to help you completely reset 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

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. As an alternative to declaring bankruptcy, a consumer proposal allows you to retain all assets.

DEBT CONSOLIDATION

Once you are approved for a debt consolidation loan, all of your debts will combine into one monthly payment, generally at a reduced interest rate — one that’s lower 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 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 the condition of insolvency may lead to filing for bankruptcy, there may be other solutions available, including a consumer proposal or a debt consolidation loan.

Debt solutions aren’t one-size-fits-all, which is why it’s essential to get educated about your options. 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 Pembroke to guide you every step of the way. Start today with a free confidential consultation.