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DEBT ASSISTANCE AT MNP LTD IN LA POCATIÈRE, QUÉBEC

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 what sets MNP LTD apart. Our Life-Changing Debt Solutions are designed to help you eliminate personal debt for good. Your local MNP LTD Licensed Insolvency Trustee in La Pocatière will work privately with you to put together a tailored plan of action that’s right for your unique circumstances. We’re here to help you regain control of your finances, so you can enjoy a debt-free future.

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Compare debt solutions with a Licensed Insolvency Trustee

You can count on your local MNP LTD Licensed Insolvency Trustee in La Pocatière to detail the solutions that may be right for you, including:

DEBT RELIEF

At MNP LTD, we know every situation is different. 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 unbiased, non-judgemental guidance, support and advice every step of the way, so you can put an end to your debt for good.

BANKRUPTCY

The structured, formal process of personal bankruptcy enables you to start from scratch with your finances. 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

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 solution to declaring bankruptcy, a consumer proposal allows you to hold onto all assets — assets that might otherwise need to be handed over in a bankruptcy.

DEBT CONSOLIDATION

A debt consolidation loan merges multiple debts into a single monthly payment, normally at an interest rate that’s lower than your current 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. As Licensed Insolvency Trustees, we are accredited insolvency counsellors who will help you better understand your options, so you can select the right path towards living a debt-free life.

INSOLVENCY

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 declaring bankruptcy can relieve insolvency, it may not be the only option available to you — other solutions could include a consumer proposal or a debt consolidation loan.

When it comes to debt solutions, it’s important to know your options. Your local MNP LTD bankruptcy trustee in La Pocatière is here to provide all the guidance and support you need, from explaining the key differences between a consumer proposal and bankruptcy to outlining the process of consolidating credit. Get started with a free confidential consultation.