Mont-Joli
Québec, QC
G1V0B9
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DEBT ASSISTANCE AT MNP LTD IN MONT-JOLI, QUÉBEC
If you’re struggling to make ends meet — and temporary solutions are only pushing you further into debt — it’s time to take a more permanent approach. This is where MNP LTD steps in. Our Life-Changing Debt Solutions are designed to help you eliminate personal debt for good. One of our Licensed Insolvency Trustees in Mont-Joli will work privately with you to put together the right plan of action for your unique circumstances. We’re ready to help you take control of your finances, so you can live a debt-free life.
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Understand your options with a Licensed Insolvency Trustee
One of our Licensed Insolvency Trustees in Mont-Joli will help you get to know which solutions are available to you, including:
DEBT RELIEF
At MNP LTD, we recognize that each situation is unique. 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. We offer confidential guidance and non-judgemental advice to help you break free from personal debt for good.
BANKRUPTCY
The formal, structured process of declaring bankruptcy offers you the opportunity to rebuild your finances from scratch. One of our local Licensed Insolvency Trustees will guide you through every step of the process, including the preparation and filing of all mandatory paperwork, notifying creditors, stopping wage garnishments and helping avert any further legal action against you.
CONSUMER PROPOSAL
Overseen by a Licensed Insolvency Trustee, the consumer proposal process involves developing a formal offer to your creditors to settle your unsecured debt via fixed monthly payments over a specific period of time (no longer than five years). As an alternative to declaring bankruptcy, a consumer proposal allows you to retain all assets.
DEBT CONSOLIDATION
If you are approved for a debt consolidation loan, all of your debts will be merged into one overall monthly payment, which is often at a lower interest rate than your credit card debt. With debt consolidation, you don’t have to worry about keeping track of multiple debt payments, which can make it easier to budget. 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.
INSOLVENCY
Insolvency and bankruptcy may sound like the same thing, but they have different meanings: insolvency is a financial state of not being able to make debt payments on time, whereas bankruptcy is a legal process. While an insolvent individual may decide to declare bankruptcy, there may be other alternatives to choose from, such as a consumer proposal or debt consolidation options.
Deciding on the right debt solution starts with getting informed. 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 Mont-Joli MNP LTD bankruptcy trustee is here to provide the guidance and support you need. Get started today with a free confidential consultation.