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DEBT ASSISTANCE AT MNP LTD IN LA-BAIE, QUÉBEC

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. 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. Your local MNP LTD Licensed Insolvency Trustee in La Baie will work privately with you to put together a tailored plan of action that’s right for your unique 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

Your local MNP LTD Licensed Insolvency Trustee in La Baie is here to help you navigate your options, which may include:

DEBT RELIEF

AT MNP LTD, we realize that no two financial situations are exactly the same. That’s why you’ll work closely with one of our Licensed Insolvency Trustees, who will walk you through your options and help you select the best course of action for your situation. With us, you can expect the discreet guidance and unbiased advice you need to erase debt from your life.

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

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. Not having to make several debt payments every month can help make it easier to budget for repayment. 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

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. Whether you’re trying to wrap your head around the differences between bankruptcy and a consumer proposal or you’re interested in learning more about the steps involved in consolidating credit, you can turn to your local MNP LTD bankruptcy trustee in La Baie for the complete guidance and support you need. Get a free confidential consultation today.